
Getting Paid and Managing Cash Flow in Construction
March 26, 2025 (11:30 AM - 3:30 PM) (NDT)
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).
Course Details:
Wednesday, March 26
11:30 AM - 3:30 PM NDT
Cost: $220.00 +hst NLCA Members / $320.00 +hst Non-Members
Guides Covered in this course are:
• 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.
Instructor: Phil Perry, President, Perry Educational Services
Phil has worked in construction for 30+ years. For the last 13 years, he’s been teaching Construction Management courses for construction associations nationwide. Phil is also an instructor for the University of Alberta Faculty of Extension in their Construction Management Certificate. 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.
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). Canadian Construction Association Gold Seal Certification Program: This course is a CCA Gold Seal Certified Course (1 Credit).
$220.00 +hst NLCA Members
$320.00 +hst Non-Members