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Webinar #5 of 5: Read your construction contract “Show me the money: Financial clauses and getting paid”

Read your construction contract – A series of five webinars to keep you out of trouble!

Cash flow is crucial to any business. Some clauses in a construction contract can play havoc with cash flow and can make or break your business. Educate yourself as to what the payment clauses mean and how they can impact your project and even your business.

Learning objectives:
• Explore how to protect your payments – obtaining fair payment terms upfront when all parties still get along. This may include advance payments, inflation gain share/pain share, etc.
• Understand the payment process under your contract – timelines, compliant invoice, and holdbacks (how much and what for?)
• Avoid pitfalls in negotiating a change order and proving entitlement
• Understand your rights when you haven’t been paid in accordance with your contract – interest on late payments, provincial lien acts, owner or contractor default

Our expert presenters include:
1. Amber Sandhu, National Accounts Surety, Travelers Canada
2. Trevor Ostapiw, Pre-Construction Manager, Graham
3. Glenn Ackerley, Partner, WeirFoulds LLP
4. Katy Fairley, Principal Consultant, Fairley Strategies

May 29, 2023 01:00 PM in Eastern Time (US and Canada)