This half-day seminar is targeted for the Emerging Contractor who needs to understand the fundamental financial language of the construction industry.

Learning Objectives

  • What is the percentage of completion method (“PCM”) and why is this the fundamental choice for reporting income in the construction industry
  • Understanding the pay application process so you can get paid
  • Understanding the documents the subcontractor will need to produce as part of the billing process
  • What changes are on the horizon for Contractors’ financial statements
  • Understanding how the Surety views your financial statements
  • Understanding the importance of Job Costing
  • How to become a “best in class” Contractor
  • Understanding the benchmarking process