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What happens if a contractor, signatory to the market recovery agreement, drops out of the FCA or lets its local bargaining agreement lapse?

April 26, 2017Agreement contractor Drops FCA happens LETS local market recovery signatory

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What happens if a contractor, signatory to the market recovery agreement, drops out of the FCA or lets its local bargaining agreement lapse?

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In either case the Market Recovery Agreement becomes null and void and any work being performed under the Agreement shall revert back to the terms of the Local Collective Bargaining Agreement in the area which the work is being performed.