Getting Paid and Managing Cash Flow in Construction

Wednesday, May 6, 2020

1:00 – 4:00 p.m.

Online via webinar

 

 

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.

 

In this half-day online 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).

 

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

 

NLCA Member Cost: $225.00 plus hst

MNL Rate: $297.50 plus hst

Non-member cost: $350.00 plus hst

 

To register please select the link below or email Adelle Connors at aconnors@nlca.ca or Patrick Myler at pmyler@nlca.ca.

Register

Phil Perry, Perry Educational Services

Guest Speaker: Phil Perry, Perry Educational Services

Topic: Project Management