Are These Upcoming NASBP Virtual Seminars on Your Calendar?
NASBP Virtual Seminars are now scheduled through summer and into the fall on Tuesdays from 2 to 3 p.m. Eastern time. The $69 registration fee includes the live presentation and prepared written materials and, if a registrant finds that they are unable to participate at the time of the Virtual Seminar, the recording. The titles and presenters for upcoming NASBP Virtual Seminars are:
- July 8 – “Subcontractor Administration” by A.J. Manion and Bruce Stigger, Manion Stigger, LLP.
- July 22 – "The Challenges of Managing the BIM/VDC Process" by Cindy Baldwin, ACAI Associates, Inc.
- Aug. 26 – "Cyber Crime and Online Payment Fraud Trends" by Mark A. Eich, Clifton Larson Allen.
- Sept. 9 – “Preventing Construction Defects and Mitigating Damages” by Kenton Wengert and Michael Koppang, Travelers Bond.
- Nov. 4 – "The New Revenue Recognition Standard" by BKD, LLP.
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To find out more about upcoming NASBP Virtual Seminars, click
here. Registration is currently open for the July 8 Virtual Seminar.
Virtual Seminars Recently Held
It’s not too late to listen to these Virtual Seminars that were held this spring. If you missed any of the NASBP Virtual Seminars, review their descriptions below and purchase their recordings.
“Worlds Collide--Federal Small Business Programs: Opportunities and Requirements, and the False Claims Act” held on May 6, 2014
This presentation by Tom Kelleher and Steven Reed of law firm Smith Currie & Hancock LLP discussed the recent developments in small business laws and regulations, including how imperfect implementation by contractors creates false claims exposures, as well as topics and risks to be explored with contractors.
“How Even Good Contractors Sometimes Fail” held on May 20, 2014
Drawing upon a combined 60-years in the surety industry, Gary Dunbar and David Kitchin of Great American Insurance Company offered insights as to how even the best contractors can occasionally stumble and fall. Rather than focusing on mistakes commonly made by poorly managed companies, this discussion addressed common root factors, some internal, others external, that have led to the unraveling of previously successful companies.
“NASBP Fly-In: Instructions for a Successful Visit to Your Congressional Office” held on May 29, 2014--COMPLIMENTARY
Larry LeClair, NASBP’s Director, Government Relations, guided Fly-in participants through the talking points for this year’s event which included: the importance of surety bonds, H.R. 776, the Security in Bonding Act, and the need to include bonding on federal public-private partnerships (P3s). Larry also covered the Do’s and Don’ts concerning Capitol Hill visits.
“Unlocking Your Cash with Single Premium Life” held on June 10. 2014
Businesses keep non-operating cash on hand for many different purposes, including surety bonding requirements. These funds must be kept safe and liquid. But businesses are unhappy with the current yield they are receiving on that cash. They would like to earn a higher yield, without sacrificing safety or liquidity. Scott Hinkle and David Jacobs of Grant Hinkle & Jacobs Inc. show how to open up a conversation with your clients about this issue, and how to solve it with the use of a specially-designed Single Premium Life Insurance policy that provides: 100% liquidity through access to cash values with no surrender charges; A higher return on cash assets in the 2.50% (fixed account) to 6.00% (historical index account) range; Correlation to interest rates: as rates rise, so will the yields on the policies; The level of safety and liquidity required by insurers and regulatory agencies; and, A significant death benefit to the business and/or the insured’s heirs.
“Avoiding Claims by Managing Change to a Construction Contract” held on June 24, 2014
Regardless of whom the stakeholder is change impacts all parties and can have a dire effect on the project, finances and schedule. Learn ways an owner, surety, or contractor can protect themselves as change occurs. Presenters Lawrence M. Prosen, a partner at the law firm of Thompson Hine, and Paul Stynchcomb, a Principal with Vero Construction Consultants Corp., will describe how to identify the risks associated with contract changes and some potential claims arising therefrom and ways to mitigate the impacts of changes to the schedule and construction costs. They will explain multiple viewpoints of why changes happen and the underlying conditions and resulting claims from both a negotiation and resolution perspective. In addition, they will cover rights and waivers and the claims that can result, as well as, applicable laws and legislative changes.
Purchase these recordings and presentation materials by clicking here or contacting Charnita Lee at clee@nasbp.org.