Risk Workshop

NASBP Risk Workshop: Analyzing Risk and Understanding the Bid Process

Next Offering: To be determined



Overview

This interactive workshop provides a comprehensive overview of the risk environment that construction contractors deal with today.  The workshop explores 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

Tuesday
7:30 - 8:00 a.m. Continental Breakfast
8:00 am - 12:00 noon Classroom Instruction
Introductions and course overview      
Profitability & Group Exercise
Best Practices in Estimating & Prebid Meeting 
12:00 noon - 1:00 pm Lunch w/groups (on own)
1:00 pm - 5:30 pm Classroom Instruction
Construction Contracts          
Construction Insurance Requirements    
5:30 - 6:30 pm Opening Reception
Wednesday October 13th
7:30 - 8:00 am Continental Breakfast
8:00 am -  12:00 noon Classroom Instruction
Reading Blueprints & Specifications
Subcontractor Qualification
Distribute Subcontract Proposals  & Group Exercise
12:00 noon - 1:00 pm Lunch w/groups (on own)
1:00 pm - 5:30 pm Classroom Instruction
Project Risk
Distribute Addenda & Group Exercise
Markup vs. Margin
Q&A from Work Time
Crunch Time - Final Proposal Preparations
Thursday
7:00 - 7:30 am Continental Breakfast
7:30 am - 11:30 am Classroom Instruction
Group Presentations
Company Risk
Bid Review
Bid Award Presentation
11:30 am - 12:30 pm Graduation Brunch/Workshop Concludes

 


Faculty Information

Brian Wasserman
Mr. Brian Wasserman is an Assistant Professor in the Construction Management Department at Minnesota State University, 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 serves as the lead instructor for the NASBP Risk Workshop.

 

 

 

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

Leslie is also the author of numerous articles and publications including A Simple Guide to Turning a Profit as a Contractor. She is an engaging speaker with a long history of rave reviews. She continues to receive high praise for her ability to make financial management interesting, understandable, and even entertaining.

 

 

David A. Castillo
Mr. Castillo is with Alliant Insurance Services, Inc. where he oversees the construction practice for both surety and property/casualty in their Las Vegas, Nevada office.  David began his career with Bank of America in Sacramento, California as a commercial loan officer in 1983. In his positions in banking and insurance, he has consulted with many construction companies helping them to secure financing and bonding. 

He is Chairman, NASBP Professional Development & Education Committee and has been a faculty member at the NASBP William J. Angell Surety School since 2001. He also serves on the NASBP Government Relations Committee and Risk Management & Insurance Committee.


David is a graduate of the University of California, Davis and the University of Southern California. 

 

 

J. William Ernstrom
Mr. J. William Ernstrom is Vice President for Major Strategic Projects for The Walsh Group, an ENR Top 15 National Construction Contractor. Formerly Bill was the General Counsel of Alberici Corporation. He was the founding partner in the law firm of Ernstrom & Dreste, LLP. For over 25 years, he focused his practice on the construction and surety industries. For over 15 years Bill was responsible for the Contract Documents Program of the Associated General Contractors of America. During that time Bill led the industry effort that developed the ConsensusDOCS and was the lead AGC member in dealing with the AIA on the 1997 and 2007 A201 contract documents. Mr. Ernstrom is the co-editor of the “AGC Contractor Documents Handbook”. He has authored numerous articles on a variety of surety and construction law topics and has been a frequent presenter at industry events.

Bill is a graduate of Hamilton College and Cornell Law School.

 

 

Mark H. McCallum
Mr. Mark McCallum is Chief Executive Officer of the National Association of Surety Bond Producers. He previously served as the association’s general counsel and director of government affairs, heading its government relations, industry relations, legal, and other functions. Prior to joining NASBP, Mr. McCallum was Senior Counsel & Executive Director of Programs and Industry Relations with the Associated General Contractors of America, and Associate Counsel with American Institute of Architects. 

Mark is a graduate of Vanderbilt University and Tulane Law School.

 


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.

Workshop 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.