Agenda

SCHEDULE OF EVENTS

Wednesday, September 21

3:00 pm - 5:30 pm
NASBP Registration Desk Open
   
5:30 pm - 7:00 pm Welcome Reception
Thursday, September 22

 
7:30 am - 11:00 am NASBP Registration Desk Open
   
7:30 am - 8:30 am Breakfast
 
8:30 am - 10:00 am General Session
  Welcome Remarks and President's Address
  Nick Newton, NASBP President
   
  "Surety Industry and Association Highlights: What’s New and What’s Coming"
  Representatives from NASBP and other Industry Associations will provide updates regarding ongoing projects and new developments in the industry, including recent advocacy wins, the NASBP membership survey, Risk Stream/Blockchain, and projects being led by SFAA and CFMA.
   
10:00 am - 10:30 am Refreshment Break
   
10:30 am - 12:00 pm General Session Continued
"Scollick Order Provides Surety Industry with Important Insights for Avoiding FCA Liability"
  Bradford Carver, Watt, Tieder, Hoffar & Fitzgerald LLP
C. William Groscup, Watt, Tieder, Hoffar & Fitzgerald LLP
  The recent order granting summary judgments in favor of surety defendants in the closely watched federal case of Scollick v. Narula finally provides important judicial insights into the surety industry’s obligations under the False Claims Act. Knowledgeable legal experts will provide timely comments and guidance on the implications for bond producers and surety underwriters.
 
1:00 pm - 4:00 pm
Optional Event - Action Kitchen, Cook up some fun!
  additional registration fee applies
   
Friday, September 23

 
8:00 am - 11:00 am
NASBP Registration Desk Open
   
8:00 am - 9:00 am
Breakfast Buffet - All registered attendees and spouse/guests welcome
   
9:00 am - 10:00 am
Keynote Session: "Talking Us Off the Ledge: What Does the Economy Really Look Like" 

Chris Kuehl, Managing Director, Armada Corporate Intelligence

 
10:00 am - 10:30 am
Refreshment Break
   
10:30 am - 12:00 pm
General Session Continued
 
"More Money More Claims: Contractor Disputes with the Federal Government"
Mike Zisa, Peckar & Abramson, P.C.
The U.S. government is the largest consumer of goods and services in the world and the Infrastructure Investment and Jobs Act has increased contracting opportunities but with more contracting opportunities comes the opportunity for more claims. Whether you are a seasoned government contractor or new to public work, a keen understanding of the claims process with the U.S. government and how it differs from the claims process on private projects is essential. During this program, construction and surety attorney Mike Zisa from Peckar & Abramson will discuss the claims process and provide practical insights on how to successfully navigate the process.
 
"The New Lease Accounting Standard: What it Means for Contractor’s Financial Statements "
Martin C. McCarthy, CPA, CCIFP, McCarthy & Company, PC
Matthew J. Boland, CPA, CCIFP
, McCarthy & Company, PC
The change to the lease accounting standard (ASC 842) was effective for non-public, calendar year-end companies on January 1, 2022. Under the new standard, companies must record a right of use (ROU) asset and a lease liability on the balance sheet for most leasing arrangements. As a result, the new standard will not only impact a construction company’s financial statements but could also affect debt covenants and other calculations. Marty and Matt will discuss key considerations of the new standard and how it affects contractor’s financial statements
 
12:30 pm - 2:00 pm
Closing Reception - offsite at Legal Seafood Harborside
Beverages and food will be served