Getting Paid and Managing Cash Flow

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 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).

The course is worth 4 Gold Seal Course Hours

Getting Paid & Managing Cash Flow will help you understand:

  • 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
This course is delivered in partnership between your local construction association and other associations throughout Western Canada. You’ll be participating in a cohort with industry peers from across these regions.

 

CCA Member $190 (+GST) Non-Member $290 (+GST)

May 6, 2024 - 8:00AM - 12:00PM

Virtual Instructor Led Training

June 13, 2024 - 8:00AM - 12:00PM

Virtual Instructor Led Training

Additional Details

Anyone who is involved with billings and payment: Managers, Project Managers, Project Coordinators, Project Accountants of all levels will benefit from the workshop.

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.

Cancellation Policy:

Payment is non-refundable for cancellations made within 5 business days of the course, or non-attendance on the day. Complimentary substitution of another member of your company is accepted. If CCA has to postpone or cancel courses due to insufficient enrolment, CCA will refund the registration fee or, if possible, the attendee may choose to move to an identical session in the future. Unless otherwise stated, every person able to see, hear, and observe the virtual course sessions must be a paid participant. Non-compliance of this requirement will result in removal from course. Refunds will not be issued to students who are removed from the course for non-compliance of this requirement.

CANADA – ALBERTA JOB GRANT

Did you know!!  Eligible employers can get government funding to help employees access training opportunities. The Canada-Alberta Job Grant will give you up to 2/3 of the registration fee (up to $10,000/employee/fiscal year) for training. Whether taking one course or a combination of courses, the total training must be a minimum of 21 hours and be completed within 52 weeks.

OVERVIEW

HOW TO APPLY