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Getting Paid and Managing the Cash Flow (April 18, 2024)

April 18, 2024 8:00 AM - 12:00 PM (MDT)

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 Canadian Construction 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 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 this 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 

Method of Delivery

This course is delivered as an interactive Virtual Instructor Led Training (VILT) course using the PESL GoToTraining platform.

Duration: 1/2 Day (4 hours)

Your Presenter:

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 ten years for organizations such as the Edmonton Construction Association, Calgary Construction Association, Winnipeg Construction Association, Ontario Roadbuilders Association, University of Alberta Faculty of Extension, and the Northern Alberta Institute of Technology. He has been facilitating Better SuperVision programs since 2009.  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.

Future offerings of this course:

Please check back for 2024 Dates!

Time

8:00 AM - 12:00 PM MST

Pricing

Member-only Pricing $190.00 + GST

Non-member Pricing $290.00 + GST

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Contact Information

Edmonton Construction Association
Name: Brittaney Down
Email: brittaney.down@edmca.com
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