July 19, 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

Friday, July 19, 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.

Instructor(s)

Phil Perry

Perry Educational Services Ltd

Phil Perry of Perry Educational Services Ltd 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 twelve years for organizations such as the Edmonton Construction Association, Calgary Construction Association, Winnipeg Construction Association, Ontario Roadbuilders Association, Newfoundland and Labrador Construction Association, University of Alberta Faculty of Extension, and the Northern Alberta Institute of Technology. He has been facilitating Better SuperVision programs since 2009. He has facilitated over 350 courses and over 2500 students over the last four years. In his spare time, Phil is a Master Course Facilitator for a National Sports Organization and chaired their National Coaching/Instructional Program for four years. He was the recipient of the 2018 IG Wealth Management Community National Coaching Certification Program (NCCP) Coach Developer Award.

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Cancellation Policy

Fees will be collected at the time of registration. Should it be necessary to cancel your attendance please contact ECABC at any time up to 4 weeks prior to the course start date for a full refund. A cancellation from 2 weeks to 4 weeks will result in a 50% refund. There will be no refund for cancellations less than 10 business days prior to the scheduled start date. Participant substitutions may be made up to 2 days before the course start date, at no additional fee.

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 Closed

Upcoming courses

January 23, 2025