Risk Management for Construction Finance Certificate Program: Contract & Subcontract Risk
Feb 20, 2024 - 3:00 PM (ET) - Live, Online
Hosted by CFMA
About this Event
Tues., Feb. 20, 2024, from 3-5 PM ET
CFMA’s Risk Management for Construction Finance Certificate Program has been designed as an advanced certificate of completion program to specifically address the risk management needs of CFPs. This is the third module of the program.
Contract & Subcontract Risk
Absent the presence of a General Counsel within your organization, it is likely that contract and subcontract review is the responsibility of the CFP. Every project involves several contractual commitments, not just the prime contract with the customer. CFPs must understand what contracts say and mean, and be able to envision what could go wrong so they can protect against negative financial outcomes.
By the end of this module, you will be able to:
- Identify and comprehend key legal terminology that is found in most construction contracts.
- Identify risks that your company is assuming in a given contractual situation.
- Structure your own downstream contracts in a manner that limits gaps.
- Be able to distinguish negotiable from non-negotiable contract terms and language.
Level & Prerequisites
This is a group internet-based certificate program at the Advanced Level. Some prereading and preparation is required before participating in each module in the program.
Earn 2.0 CPE credits for attending each module, with a total of 10.0 CPE credits in the field of Management Services upon completion of the entire program.
Please note that CPE credits can only be earned by attending the live modules and are not available by watching the recordings.
Earn 2.0 CCIFP Professional Development credits for attending each module, with a total of 10.0 CCIFP Professional Development credits toward the General or Construction Requirement upon completion of the entire program.
Who Should Attend?
- Business owners
- Construction financial professionals
- CPAs who provide services to construction clients as well as insurance agents and brokers
- Internal risk management professionals and/or general counsel
- Risk managers