Dallas, Texas (PRWEB) October 22, 2012
The Construction Audit and Cost Control Institute (CAACCI) presents Rich Townsend and Courtenay Thompson, leaders in construction audit and fraud related training, in a new advanced content Construction Audit Best Practices Roundtable and Workshop, December 10-12, 2012. For over 20 years, Rich Townsend and Courtenay Thompson have provided training to assist owner organizations with construction cost control. The Workshop allows committed construction audit professionals to explore specific challenges and to collaborate with colleagues. In a roundtable format, participants will have the opportunity to share experiences, plans, best practices and concerns for the future. This event combines presentations by the moderators with contributions from guest speakers and participants.
This workshop is designed to provide committed construction audit professionals with:
1. Opportunity to explore the specific challenges they face
2. The chance to learn from colleagues
We can grow by sharing ideas, experiences, and successes as well as what hasn’t worked so well. Exploring challenges and solutions provides the opportunity to improve professionally and personally.
Sharing - In a roundtable format, you will have the opportunity to share experiences, plans, best practices and concerns for the future. This sharing opportunity will be blended with presentations by the moderators, guest speakers, and participants. Ample opportunity will be provided for Q & A.
Round Table Workshop Discussion Agenda:
A. Best Contracting Practices
B. Audit Implications of Current Trends in Construction Management
C. Addressing Risks By Contract Type
D. Best practices for partnering with management to maximize construction audit results
E. Using On-Line Reference Materials to Enhance Construction Audit Results
1. TRA-SER (Trade Service Pricing Material Database On-Line)
• Electrical material market prices
• Mechanical material market prices
2. Equipment Watch
• AED Greenbook
• Rental Rate Blue Book
• Green Guide
3. RS Means Cost Works
F. Business Ethics Expectations and effective auditing approaches to deal with:
G. What to do when project management representatives seem “too close” to a contractor
1. Examples of situations causing concern
• What was done
• Example outcomes
• Discussion of any situations currently causing concerns for any participants
• Dealing with management modifying standard right to audit provisions
2. Examples of right of audit provisions that work
3. Examples of right of audit provisions that don’t work well
H. Examples of recent construction fraud cases and what we can learn from them
I. Risks of Overbillings by Architects and Engineers
J. Dealing with Contractor Charges for Employee Stock Ownership Plans
K. Subguard (Subcontractor Default Insurance)
Additional Agenda Topics to be Covered:
(depending on interest and available time)
L. How Construction Auditors Can Help Management Minimize Construction Contract Change Orders
M. How Construction Auditors Can Help Management Minimize the Cost of Construction Contract Change Orders
N. Contractor Controlled Insurance Programs (CCIP)
O. Owner Controlled Insurance Programs
P. Contractor Incentive Plans
Q. On-Line Tools for Project Management/Cost Tracking/Document Storage, etc.
R. Don’t forget the Basics
S. Examples of significant audit detected overcharges and what we can learn from the examples:
T. Pre-Hire Background Checks for Employees and Consultants
U. Pre-Qualification litigation searches for Contractors
V. Debarring Contractors - Why, When, How
Informal Networking Opportunities:
Who should attend?
1. Anyone responsible for the construction audit activity in their organization
2. Anyone who has attended one of our previous construction related seminars:
The Workshop provides 22 Continuing Education Credits (CPE’s).
We have blocked a limited number of rooms at JW Marriott San Antonio Hill Country (San Antonio, TX) that will be available at $189.00 per night for the evenings of December 9, 10, and 11. NOTE: Our group rate of $189.00 is only guaranteed until 11-19-2012. Please call the hotel at 1-877-622-3056 to make your reservation (mention R. L. Townsend & Associates, Inc. to receive group rate).
The Construction Audit and Cost Control Institute, Inc. (CAACCI) of Dallas, Texas was created in 2008 by R. L. Townsend & Associates and Courtenay Thompson & Associates as a resource to share information and solutions for today’s challenges in auditing and construction cost control. CAACCI members include project management and construction audit representatives from a wide range of private and public organizations.