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Construction Audit & Cost Control Institute Announces 2nd Annual Best Practices Roundtable Workshop to be Held in Ft. Worth, Texas on December 9-11, 2013
  • USA - English


News provided by

Courtenay Thompson & Associates

Jul 30, 2013, 03:00 ET

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December 9-11 Worthington Renaissance Hotel in Fort Worth
December 9-11 Worthington Renaissance Hotel in Fort Worth

Ft. Worth, TX (PRWEB) July 30, 2013 -- The following are examples of the topics that will be on the agenda for this year's Construction Audit & Cost Control Best Practices Roundtable Workshop:

Uses of Technology to Enhance Construction Audit and Construction Cost Control

• Uses of Data Mining Software to analyze contractor and owner data files
• Uses of Job-site cameras and related photo files
• Uses of GPS devices on Equipment and related data files
• Uses of RFID and GPS to Track Material, etc.
• Uses of Video monitoring devices and related data files

Best Contracting Practices

$200 Early Registration Discount Ends August 31

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• Examples of best practice RFP Documents
• Examples of best practice contract provisions

The “basics” of best practice contracts for construction projects

• Job Order Contracting (JOC)
• Construction Manager at Risk GMAX Contracts
• Design Build GMAX Contracts
• Conventional GMAX Construction Contracts
• Target Price Contracts or Fee at Risk Contracts
• Negotiated (Non-Bid) Lump Sum Contracts
• Competitive Sealed Bid Lump Sum Contracts
• Competitive Sealed Bid Unit Price Contracts

Audit Implications of Current Trends in Construction Management

• BIM (Building Information Modeling)
• Integrated Project Delivery (IPD)Systems
• Lean Construction
• Green Building and LEED (Leadership in Energy and Environmental Design) Projects

Best practices for partnering with management to maximize construction audit results

• Strategies
• Examples of what worked well and why
• Examples of what did not work so well and why

Using On-Line Reference Materials to Enhance Construction Audit Results

• TRA-SER (Electrical and Mechanical Trade Service Pricing Material Database On-Line)
• Equipment Watch Data Base Resources
• RS Means Cost Works

Business Ethics Expectations and effective approaches to detect/prevent and deal with:

• Bid rigging
• Antitrust or price fixing
• Favoritism
• Gifts
• Kickbacks or payoffs
• Bribes
• Conflicts of interest

Examples of situations causing concern

• What was done
• Example outcomes
• Discussion of any situations currently causing concerns for any participants
• Dealing with modifications to standard right to audit provisions
1. Examples of right of audit provisions that work
2. Examples of right of audit provisions that don’t work well

Examples of recent construction fraud cases and what we can learn from them

Risks of Overbillings by Architects and Engineers

• Examples of contracts that did not work so well and why
• Examples of architect/engineer best practice contracts

Dealing with Contractor Charges for Employee Stock Ownership Plans

• What is the real cost?
• What “costs” should be reimbursable?
• Examples of how Owners have treated this “cost”

Subguard (Subcontractor Default Insurance)

• Examples of subguard business deals to avoid and how to avoid them
• Examples of cost recovery audit findings
• Examples of best practice business deals

How to Minimize Construction Contract Change Orders

How to Minimize the Cost of Construction Contract Change Orders

Contractor Controlled Insurance Programs (CCIP)

• Examples of best practice business deals
• Examples of cost recovery audit findings
• Examples of CCIP business deals to avoid and how to avoid them

Owner Controlled Insurance Programs

• What works well
• Pitfalls to avoid

Contractor Incentive Plans

• Examples of contractor incentive plans that work
• Examples of contractor incentive plans with questionable value

On-Line Tools for Project Management/Cost Tracking/Document Storage, etc.

• IMPACT
• ConstructWare
• Submittal Exchange
• E-Builder
• Project Portfolio Management (PPM)

About The Construction Audit and Cost Control Institute

The Construction Audit and Cost Control Institute (CAACCI) of Dallas, Texas was created in 2008 to provide public offering seminars in affiliation with Courtenay Thompson & Associates. The CAACCI member's only website was created as a resource to share information for today’s challenges in construction auditing and construction cost control. CAACCI members include project management and construction audit representatives from a wide range of private and public organizations. For more information, visit http://www.caacci.org.

Mr. Courtenay Thompson, Courtenay Thompson & Associates, http://www.ctassoc.com, (214) 361-8346, [email protected]

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