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Managing Financial Risk for Manufacturers and Suppliers

Courses, Management Courses, Training, Vancouver
Wednesday, September 20, 2017 8:00 AM - 4:00 PM
VRCA Vancouver Office
3636 E. 4th Avenue, Vancouver
Member pricing.
For members pricing please Login to complete your registration

Course Description:

Designed specifically for manufacturers and suppliers in the construction industry, this course will teach you how to manage risks when dealing with developers, general contractors and sub-contractors. Participants will learn how to modify supplier contracts to reflect the ones used by their clients, when to utilize the Builders Liens Act to get security for outstanding debts, methods to collect debts without resorting to litigation, as well as insurance and bonding coverage on construction projects. 


Audience:

The course is ideal for management, business development and accounting staff within manufacturers and suppliers to the construction industry.


Learning Outcomes: 

  • Understand the basics of contract law for construction projects
  • Be familiar with various CCDC/CCA contracts - how and why they are used by M&S clients
  • Understand supplementary conditions and clauses that may impact M&S contractual negotiations
  • Understand the contract responsibilities of various parties
  • Understand the bidding process and contractual obligations
  • Understand how specifications and drawings fit within the contractual hierarchy
  • Dealing with change orders for M&S
  • Understand the dispute resolution process – negotiation, mediation, arbitration, and litigation
  • Use the Builder’s Lien Act to obtain security for M&S debts
  • Understand the litigation options available for M&S disputes
  • Understand insurance and bonding and the impacts for M&S risk

Instructor:

Tim Williams, MBA, B.Econ., CPA, GSC, is the President of BGC Partners Inc. BGC Partners provides training services tailor made for the construction industry. Tim has worked with numerous construction companies for over twenty years. He is a Gold Seal Certified project manager. He is an experienced and sought after trainer who has trained construction owners and managers on behalf of construction industry associations across Western Canada.


Fee Includes: Student manual, certificate upon completion, complimentary Wi-Fi access, lunch and free parking.

Cancellation & Substitution 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.


 

 
Non-Members $355.00
VRCA Members $295.00
Member pricing.
For members pricing please Login to complete your registration

On-line registration is now closed.
Vancouver - 3636 East 4th Avenue, Vancouver, BC V5M 1M3
P: (604) 294-3766 • F: (604) 298-9472 • E-mail

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