December 12, 2024
Getting Paid and Managing the Cash Flow in Construction
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.
Date & Time
Thursday, December 12, 2024 (7:00 am – 11:00 am pt)
Location
Online
Details
Course Description:
In this four-hour virtual instructor-led 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).
Course Topics:
- 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 and coordinators, project accountants of all levels will benefit from the workshop.
Technical Requirements
Click here to review the technical requirements necessary to attend this workshop.
Gold Seal Certification
Instructor(s)
Phil Perry
Perry Educational Services Ltd
Phil brings over thirty years of experience in the Construction industry, specializing in managing industrial projects for general contractors. For the past thirteen years, he has taught construction management courses at the post-secondary level and facilitated over five hundred Better SuperVision programs since 2009, impacting over four thousand students. Beyond his professional life, Phil serves as a Master Course Facilitator for the Canadian Sport Parachuting Association, where he chaired their national Coaching/Instructional program for four years. He was honored with the 2018 IG Wealth Management Community National Coaching Certification Program (NCCP) Coach Developer Award for his outstanding contributions to developing trained and certified NCCP Coaches.
Learn MoreCancellation Policy
If the course needs to be to be postponed or cancelled due to insufficient enrollment, ECABC will refund the registration fee or, if possible, the attendee may choose to move to an identical session in the future.
Registration & Information
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