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Getting Paid and Managing the Cash Flow

From $175.00

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Start
July 20, 2023 8:00 am
End
July 20, 2023 12:00 pm
Address
VILT (Virtual Instructor-led Training) - Online    View map

 

This is an interactive half-day seminar that will cover the fundamentals of interpreting construction specifications. The seminar will deal with the basics of reading and interpreting both the general and technical specifications.

Course Objectives: Payment in the Construction Industry is a problem. This create problems for both the Owner and the Contractor as well as the other participants involved with the project (Consultant, Subcontractors, Sub-Subcontractors and Suppliers).

The Canadian Construction Documents Committee (CCDC) and the Canadian Construction Association (CCA) publish standard contracts and guides for the Construction Industry.

In this half-day workshop the Payment Process in Standard Contracts (CCDC-2 Stipulated Price Contract, CCA-1 Stipulated Price Subcontract, CCA-19 Stipulated Price Sub-Subcontract) will be reviewed along with contract language from non- standard contracts which can delay payment.

It is important to recognize when your client is trying to work language into the contract which delays payment (Pay-if- Paid, Pay-when-Paid, “Notwithstanding” clauses).

Guides covered by the course:

• CCA 28 – A Guide to Improving Cash Flow in the Construction Industry
• CCA 50 – A Prime Contractors Guide to Project Financing and Payment Security • CCA 53 – Trade Contractors Guide and Checklist to Construction Contracts
• CCA Banking Guide for the Canadian Construction Association
• CCDC 12 – Project Financial Information Disclosure Form

Your Presenter: Phil Perry has 30 plus years in the Construction Industry, most of which was Project Managing Industrial Projects for General Contractors. He has been teaching Post-Secondary Construction Management Courses for the last eight years.

Who Should Attend: Anyone who is involved with billings and payment: Managers, Project Managers, Project Coordinators, Project Accountants of all levels will benefit from the workshop.

 

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*Send your completed form to lloydca3@telus.net

Getting Paid and Managing the Cash Flow

$175.00$230.00

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