Workshop: Getting Paid and Managing the Cash Flow
Feb 25, 2021
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 4-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
Tuesday, March 2nd
- Morning Session: 7:00am – 11:00am PST
- Afternoon Session: 12:00pm – 4:00pm PST
Go HERE for more information
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