Getting Paid and Managing Cash Flow in Construction

$215.00

Product Overview

Description:

Payment in the construction industry is a problem. This creates 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 CanadianConstruction Association (CCA) publish standard contracts and guides for the construction industry.

In this half-day course the payment process in standard contracts (CCDC-2 Stipulated Price Contract, CCA-1 Stipulated Price Subcontract, CCA-19 Stipulated Price SubSubcontract) 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

Who should attend?

Anyone who is involved with billings and payment: managers, project managers, project coordinators, project accountants of all levels will benefit from this course

Duration – 1/2 Day – 4 Hours

Course Instructor Information

Presenter:  Phil Perry, P. Eng

Phil has over thirty years in the Construction industry, most of which was managing industrial projects for general contractors. He has been teaching post-secondary construction management courses for the last thirteen years. Phil has been facilitating Better SuperVision programs since 2009.  He has facilitated over five hundred courses and over four thousand students over the last five years.

Phil was the recipient of the 2018 IG Wealth Management Community National Coaching Certification Program (NCCP) Coach Developer Award, presented to individuals who go above and beyond to develop trained and certified NCCP Coaches.