Construction Audit & Cost Control Institute Announces NEW Workshop, "Best Practices for Using CMAR and Design Build Construction Contracts in Texas," Nov. 14-15 in Austin
AUSTIN, Texas (PRWEB) October 09, 2019 -- The Construction Audit & Cost Control Institute is offering a new workshop, “Best Practices for Using CMAR and Design Build Contracts in Texas” November 14-15, 2019 in Austin, Texas. This training event was designed for public school systems, community college systems, state and local governments, airports, etc.
Included are several networking opportunities: an evening reception, breakfast, refreshment breaks and lunch will be provided by Hilton both days.
Course Level: Intermediate
CPE Hours: 12
Space is limited. Reserve your seat now (option to pay later).
LEARN MORE: Speaker's Biographies, Complete Learning Objectives, CPE, Venue, etc.
Who Will Benefit from this Program:
- Architects
- Attorneys
- CFO’s and Controllers
- Construction Audit Consultants
- Construction and Engineering Department Representatives
- Contract Administrators
- Cost Engineers
- Facilities Management Department Representatives
- Internal Audit Professionals
- Procurement Department Representatives
- Program Managers
Reviews from Previous Training Participants:
“Liked the interactive discussions about current trends.”
“I enjoyed the presentations immensely. Each presenter added value and a different point of view. I felt that I picked up many issues to look for.”
“Opened my mind to new thoughts in construction auditing.”
“This course was one of the best audit classes taken in a long time. Valuable and relevant.”
“Very relevant – making me think about how to change my audit approach to be more effective.”
“Overall the information was on target. Very beneficial.”
Sample Learning Objectives:
- Learn the latest best practices in use for construction cost control:
- Creating CM contracts to close loopholes that can increase construction costs significantly
- Reviewing and approving GMP submittals by CM’s
- Reviewing, approving and tracking GMP subcontract buy-out gains or losses
- Requiring supporting documentation for payment applications and reconciling CM cost records and related documentation to their final cost accounting
- Analysis, approval and audit of change orders proposals submitted by CM and subcontractors
- Learn the pros and cons of reimbursables including labor and labor burden, performance and payment bonds, Subcontractor default insurance, Contractor Controlled Insurance and more
- Obtain an update on the trends in tools and techniques used for construction audit and cost control
- Explore specific case example results of current best practice contracts
- Have your questions answered during our Q&A sessions at the conclusion of each presentation
We are inviting each presenter to make a 50-minute presentation (with 15 minutes for Q&A) on the following:
- The top 3 keys to success in contracting for and managing Cost plus Fee with GMP CMAR and/or Design Build contracts in Texas.
- The 3 top mistakes to avoid when contracting for and managing Cost plus Fee CMAR and/or Design Build contracts in Texas.
- Project experiences (including what went well and what could have gone better)
- Recommendations for best practices when using these types of reimbursable costs with GMP contracts.
Presenters:
1. Stephen Harris – Asst. Vice Chancellor for Capital Projects – University of Texas System Administration
2. Dick McNary – President & Chief Operating Officer – Project Control
3. Charles D. Smith – Associate Vice Chancellor, Fiscal Initiatives & Construction – San Jacinto College District
4. Angela Tekell – Partner – Tekell & Tekell, LLP
5. Debbie Townsend – President – R. L. Townsend & Associates, LLC
6. Rich Townsend – President – Construction Audit & Cost Control Institute, Inc.
7. Russ Wallace – Executive Director, Office of Facilities Planning & Construction – The Texas A&M University System
8. Vince Yauger – Senior Project Manager – Broaddus & Associates
Venue: Hilton-Austin
Hilton Austin is situated adjacent to the Convention Center in downtown Austin, TX. A quick walk from exclusive shopping, amazing restaurants and fun live music venues on 6th Street and the surrounding area. Guests of the renovated hotel also enjoy fantastic views of the Capitol of Texas and Lady Bird Lake from 31 stories up. Hotel dining, a full-service spa and VIP perks.
Course Level: Intermediate
CPE Hours: 12
Space is limited. Reserve your seat now (option to pay later).
LEARN MORE: Speaker's BIographies, Learning Objectives, CPE, Venue, etc.
Sponsor:
The Construction Audit & Cost Control Institute was established in 2008 to provide specific professional development training seminars to professionals interested in this specialized subject matter. Rich Townsend has provided development seminars related to construction audit and construction cost control seminars since 1985. For more information on our construction audit and fraud seminars, go to http://www.caacci.org
Mr. Rich Townsend, The Construction Audit & Cost Control Institute, Inc., http://www.caacci.org, +1 (972) 679-6762, [email protected]
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