National Association of Surety Bond Producers
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NASBP Risk Workshop

ImageAnalyzing Risk and Understanding the Bid Process

 

Overview

This interactive workshop will provide a comprehensive overview of the risk environment that construction contractors deal with today.  The workshop will explore how risk considerations influence the bidding process, contract conditions/elements, and pricing.

The workshop faculty is comprised of recognized industry experts in construction risk, who will share their insights and answer your questions.  In addition, participants will have the opportunity to work in small groups with their peers to deepen their understanding of the topics presented during the workshop.

Who Should Attend?

  • Bond Producers
  • Bond Managers
  • Bond Department Service and Support Personnel
  • Surety Underwriters
  • Property and Casualty Underwriters

Workshop Objectives

   Gain the contractors’ perspective on:

  • Making Bid Decisions
  • Direct versus Overhead Costs
  • The True Cost of Running a Job
  • The Assessment of Contractual Risk
  • Unforeseen Conditions
  • Insurance Clauses
  • Quantifying the Inherent Risks of a Job


Workshop Schedule

Day 1

Day 2

Day 3

 

7:30 – 8:00 a.m.

Continental Breakfast

7:30 – 8:00 a.m.

Continental Breakfast

7:00 – 7:30

Continental Breakfast

 

8:00 – 8:45 a.m.

Introduction and Course Overview

8:00 – 8:45 a.m.

Reading Blueprints & Specifications

7:30 – 8:30 a.m.

Group Presentations

 

8:45 – 9:30 a.m.

Ten Steps to a More Profitable Construction Company

8:45 – 9:30 a.m.

Group Exercise

Blueprints & Specifications

8:30 – 9:30 a.m.

Company Risk

 

9:30 – 10:00 a.m.

Group Exercise

Fiscal Impact Analysis

9:30 – 9:45 a.m.

Coffee Break

9:30 – 9:45 a.m.

Coffee Break

 

10:00 – 10:15 a.m.

Coffee Break

9:45 – 10:15 a.m.

Exercise Review

9:45 – 11:00 a.m.

Bid Review & Roundtable Discussion

 

10:15 – 10:30 a.m.

Exercise Review

10:15 – 10:45 a.m.

Subcontractor Qualifications

RFP & Subcontractor Documents/ Subcontractor Role Play

10:30 – 11:30 a.m.

Best Practices Estimating

11:30 a.m. – 12 noon

Pre-Bid Meeting

Review of Job and Bid Requirements

10:45 – 11:45 a.m.

Group Exercise

Evaluate Subcontractor Pricing and Submit RFIs

11:00 – 11:15 a.m.

End of Workshop Exercise

11:15 – 11:30 a.m.

Bid Award Presentation

11:45 a.m. – 12 noon

Morning Review

11:30 a.m. – 12:30 p.m.

Graduation Brunch & Awarding of Certificates

 

12 noon – 1:00 p.m.

Lunch w/Groups (on own)

12 noon – 1:00 p.m.

Lunch w/Groups (on own)

 

1:00 – 3:00 p.m.

Construction Contracts

Overview of Standard Contracts Used by Builders

1:00 – 1:45 p.m.

Project Risk

 

 

1:45 – 2:45 p.m.

Group Exercise

Dealing with Addenda

 

2:45 – 3:15 p.m.

Markup versus Margin – Breakeven Analysis

3:00 – 3:15 p.m.

Refreshment Break

3:15 – 5:00 p.m.

Construction Insurance Requirements

3:15 – 3:30 p.m.

Refreshment Break

 

3:30 – 4:00 p.m.

Q&A Session

 

4:00 – 5:00 p.m.

Group Exercise

Final Proposal Preparation

 

5:00 – 5:30 p.m.

Wrap-up

 

5:30 - 6:30 p.m.

Welcome Reception

5:00 p.m.

Final Bids Due from Groups

 

5:00 – 5:15 p.m.

Group Exercise

Presentation Preparation

 

5:15 – 5:30 p.m.

Wrap-up

 


Workshop Faculty

Image Brian Wasserman

Mr. Brian Wasserman, MA is an Assistant Professor in the Construction Management Department at Minnesota State University, Mankato, where he instructs Estimating and Scheduling. He holds an Adjunct Faculty position at the University of Minnesota and is President of Leading Change, Inc, a construction consulting firm.

Brian and has been involved in the construction industry for more than 25 years through a family-run sheet metal business. He is currently earning his doctorate in Industrial Technology with an emphasis in Construction at the University of Northern Iowa.  He has extensive management experience in information technology, construction software, software development, superintendent training, and business organization. He currently serves as the lead instructor for the NASBP Risk Workshop.

 

Image Leslie Shiner

Ms. Leslie Shiner, author, speaker, and trainer, has more than twenty years of experience working as a financial and management consultant for the construction industry. She is the owner and principal of The ShinerGroup, a consulting firm helping contractors maximize profits and gain financial control.

Leslie is also the author of numerous articles and publications including the Profit Press Profit Guides: “Health Checkup for Your Construction Business” among others. For three years she has received the CEDIA Top 10 Instructor Award. She teaches Construction Accounting and Project Management seminars around the country and is a featured speaker at industry conferences.

 

Image Mark H. McCallum

Mr. Mark H. McCallum serves as General Counsel & Director of Government Relations for the National Association of Surety Bond Producers (NASBP), located in Washington, D.C. NASBP is an international organization of professional surety bond producers and brokers. Mark directs all government relations, industry relations, and legal matters for the Association.

Prior to joining NASBP, Mark was Senior Counsel & Executive Director of Programs and Industry Relations with the Associated General Contractors of America (AGC), and Associate Counsel with American Institute of Architects (AIA).

Mark received his B.A. degree from Vanderbilt University in Nashville, Tennessee and his J.D. degree from Tulane Law School in New Orleans, Louisiana.

 

Image Thomas M. Padilla

Mr. Thomas M. Padilla is a Vice President for the Manuel Lujan Agencies based in Albuquerque, New Mexico. Tom joined the agency in 1979, and over the past 29 years he has been involved in virtually every aspect of insurance and surety at the agency level and currently manages a large book of construction insurance and surety business. He also serves on the agency’s management team. Prior to joining Manuel Lujan, Tom served in the United States Air Force.

Tom is involved in many industry activities and currently serves as the Chair of the NASBP Education and Professional Development Committee and is a member of the Government Affairs Committee. He is a past Regional Vice President of NASBP, as well as a past member of the Boards of Directors of both NASBP and the Independent Insurance Agents and Brokers of America. He currently instructs in both levels of the NASBP Surety Schools and the NASBP Risk Workshop.


Continuing Education Credit

The amount of continuing education credit awarded varies by state.  Contact NASBP Professional Development at 202-686-3700 for specific state information.

Cancellation Policy

All cancellations or substitutions must be made in writing.  For a full refund, a written cancellation must be received 30 calendar days prior to the start of the workshop.  Cancellations received between 15 – 29 calendar days prior to the workshop are eligible for a 50% refund.  Cancellations received in less than 15 calendar days prior to the workshop are not eligible for refunds.


Questions?

Please call NASBP Professional Development at 202-686-3700.

 



Related Files
09Riskbrochure (Adobe PDF File)
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Headquarters: 1828 L Street, NW. Suite 720. Washington, DC 20036-5104. Phone: (202)686-3700. Fax: (202)686-3656.
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