Course Summary:

In-Person

Eventually, every company has to do business with financially impacted contractors. It might be a general contractor, a subcontractor, a supplier, or another subcontractor on the project. Understanding the unique risks associated with financially impacted contractors is critical. This class will explore the unique legal and business issues associated with financially impacted contractors.

Objectives:

• Understand the warning signs of financial impact

• Providing financial assistance

• Declaring default and taking over another party's work

• Third party creditor risks

• Understanding Taxes, Insurance, Banks, Sureties, and Bankruptcy

Recommended Audience: Project Managers, Superintendents, Foremen, Operations, Project Engineers, Company Principals and All Other Leadership Roles