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Overview
Owners have been pushing for general contractors to enter into “at-risk” contracts more frequently. Despite the contractor being at-risk, you might be surprised to hear who is actually at risk.  

The instructor will discuss ways your organization can better manage at-risk contracts and analyze sub-contractors/vendors as well as offer practice tips on ways to manage your construction budget through process enhancements and audit techniques. 

Learning Objectives

At the completion of this course you will be able to demonstrate the following:
  • Understand the challenges with transparency
  • The use and benefits of technology in applying payments
  • Understand the realities of who is  “at-risk”
  • Recognizing differences in contract frameworks 
  • The ability to evaluate and develop internal project governance procedures
  • How to audit construction projects and develop oversight
Dates/Locations
September 15, 2021
The Flamingo Hotel
Las Vegas, NV
Travel Info
Standard: $1,000.00
Premium: $1,395.00
Register
Agenda
8:00 AM - 3:00 PM
Las Vegas Government Contracts Week
Construction Basics
  • Understand challenges with establishing transparency. Open book principle
  • Discuss payment applications and the benefits of using of technology
  • Trends and challenges in the construction industry 
  • Setting the rules/learning the contract

Construction Contracting: Contract Types, Project Delivery Methods
  • Discuss the pros, cons and risks associated with commonly utilized construction contract types
  • Understand who is actually “at-risk”, despite contract terms
  • Template construction contracts vs. homegrown
  • Contract ambiguity and owner friendly clauses 

Project Controls
  • Learn best practices to proactively manage project risks & reduce the number of change orders
  • Evaluating and developing internal project governance procedures
  • Benefits of leveraging someone removed from the construction project team 
  • Segregation of duties; practical suggestions to alleviate commonly identified issues
  • How to store and leverage data collected throughout the duration of the construction project (from paper files to electronic)
  • List of procedure documents to have in place 

Auditing Construction Costs & Ongoing Monitoring
  • Establishing criteria to evaluate multiple construction projects (which projects are higher risk than others) 
  • Discuss common project delays and how to stay ahead of those
  • Construction project risk assessment and proactive measures 
  • Learn how to audit construction projects and oversight that can be performed during each phase of construction
  • How to scope a construction audit engagement and estimate of hours needed (level of effort)
  • Vendor and consultant evaluations; timing and how to evaluate
Accreditation
See Individual Courses For Available Credits
Certificates of Completion are provided to all seminar participants who attend Federal Publications Seminars courses following the event, upon request.
CPE: Continuing Professional Education
Field of Study: Specialized Knowledge
Delivery Method: Group-Live Classroom
Federal Publications Seminars is affiliated with West Professional Development and is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.
For more information regarding administrative policies such as refunds, cancellations and complaints, please contact Federal Publications Seminars at 888.494.3696.
CPE Hours
This program is eligible for: 6 (CPE) hours of credit
Program Level: N/A
Program Prerequisite: N/A
Advance Preparation: N/A
Method: N/A
CLP: Continuous Learning Points
Approved for CLP by Defense Acquisition University
Defense Acquisition Workforce members must acquire 80 Continuous Learning Points (CLP) every two years from the date of entry into the acquisition workforce for as long as the member remains in an acquisition position per DoD Instruction 5000.66. We will provide you with documentation of points awarded for completing the event.
CLP Hours
This program is eligible for: 6 (CLP) hours of credit
CLE: Continuing Legal Education
States have widely varying regulations regarding MCLE credit. LegalEdcenter is an approved provider in AL, AK, AR, CA, GA, IL, ME, MO, MS, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, PA, RI, SC, TN, TX, UT, VA, VI, VT, WA, WI, and WV. Credit may be applied for in other jurisdictions on request and in accordance with state MCLE rules.
Please note that because some states are changing their policy on CLE reporting, you will need to fill out the request for credit from Federal Publications Seminars within 10 business days, or we may not be able to issue credits for the program.
CLE Hours
This program is eligible for: 5.50 (60 minutes), (50 minutes)
Travel
The Flamingo Hotel
3555 Las Vegas Blvd S
Las Vegas, NV, 89109
7027333111
Hotel & Room Block Info

We have a room block secured at the Flamingo Hotel for Las Vegas Week.  Visit https://book.passkey.com/go/SFFPS1 to reserve your room. Group rate is $94 + taxes + daily resort fee of $35/room/night. You must make your reservation by Friday, August 10, 2021. Rooms are subject to availability.

General Information

Food & Beverage
Continental breakfast, lunch and afternoon coffee will be served.

Level
  • 100
    Basic or fundamental subject matter is covered. Courses are geared to general knowledge or can be taken as a refresher.
  • 200
    Specific topics or issues within a topic area are covered. Students should be familiar with terms of art and general concepts concerning the course topic.
  • 300
    Workshops and class discussions cover specific subject matter in-depth, and participation is strongly encouraged. Attendees should have at least 2-3 years' experience in the area of study.
  • 400
    Courses build upon students' knowledge and experience, and cover complex issues within the subject matter. Should have 4-5 years' mastery of subject for in-depth analysis.
  • 500
    Masters-level programs designed for professionals with 5+ years' experience. Courses cover in-depth and technical analysis on specific subjects and updates on current issues.