Getting Paid & Managing the Cash Flow | LIVE, ONLINE Training

Getting paid in the construction industry is a problem for owners, contractors and other project stakeholders from consultants and subcontractors to sub-subcontractors and suppliers. That’s why it’s important for all parties to recognize contract language leading to payment delays, including ‘Pay-if-Paid’, ‘Pay-when-Paid’, and ‘Notwithstanding’ clauses.

The Canadian Construction Documents Committee (CCDC) and the Canadian Construction Association (CCA) publish standard contracts and guides for the Construction Industry – including some specifically dealing with payment processes.

By the end of this workshop you will:

• Review the payment process in standard contracts:
• CCDC-2 Stipulated Price Contract
• CCA-1 Stipulated Price Subcontract
• CCA-19 Stipulated Price Sub-Subcontract
• Review non-standard contract language to understand clauses that can delay payment, compared to standardized documents.
• Review the following CCA and CCDC guides:
• 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 Industry *free download
• CCDC 12 – Project Financial Information Disclosure Form

Live, Online, Instructor-led training. This is a webinar/lecture-style workshop and may include as many as 40+ students (average attendance is 10 students).

• This workshop is hosted by the instructor on the GotoTraining platform. Access information and any course materials will be provided to you by the instructor via email in advance of the training.

This training is offered in partnership with local construction associations nationwide and you'll be participating with industry peers from across Canada.

Students will receive digital course materials from the instructor, including a course manual along with sample forms and workflows.

Please note: this course will include a review of a range of CCDC and CCA guides and contract documents that are not included in course materials. Students are not required to have these documents to participate in the training, however, if you would like to purchase copies, they are available for purchase in the VICA store (CCDC 12 only available in hardcopy as a special order).

In order to attend, you’ll must make sure you have the following:

• Computer or laptop with webcam: This course will involve on-screen interaction with your instructor and classmates, reading/viewing on-screen content like slides or videos, and interacting via typing with questions or responses. For this reason, you must have a full computer/laptop, and we do not permit students to attend using a tablet or cell phone.
• A quiet space with minimal distractions: Please plan to be fully engaged in the class, and clear your work schedule just as you would for attendance in an in-class program.

We recommend that students have some familiarity with the language, format, and usage of common construction contracts.

Those with less experience are welcome to attend but may find it hard to absorb and appreciate the material without prior experience or context.

Licensed Residential Builders: 4 CPD Points, Informal*