Richard Forrestel, Jr.
on behalf of The Associated General Contractors of America
Presented to the
U.S. Senate Committee on Banking, Housing and Urban Affairs Subcommittee on Securities and Investment
on the topic of
The Financial Accounting Standards Board and Small Business Growth
November 12, 2003
The Associated General Contractors of America (AGC) is the largest and oldest national construction trade association in the United States. AGC represents more than 35,000 firms, including 7,500 of America’s leading general contractors, and over 12,000 specialty- contracting firms. Over 14,000 service providers and suppliers are associated with AGC through a nationwide network of chapters. These contractors are engaged in the construction of the nation’s commercial buildings, shopping centers, factories, warehouses, highways, bridges, tunnels, airports, waterworks facilities, waste treatment facilities, dams, water conservation projects, defense facilities, multi-family housing projects and site preparation/utilities installation for housing development.
THE ASSOCIATED GENERAL CONTRACTORS OF AMERICA 333 John Carlyle Street, Suite 200 • Alexandria, VA 22314 • Phone: (703) 837-5310 • FAX: (703) 837-5407