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  • The New Revenue Recognition Standard – What It Means

    Contains 3 Component(s) Recorded On: 11/04/2014

    Learn about developments related to the new accounting standard on revenue recognition, which touches on the history of the standard and what it means for contractors.

    Learn about developments related to the new accounting standard on revenue recognition, which touches on the history of the standard and what it means for contractors.

    Tim Wilson

    National Industry Partner, BKD National Construction & Real Estate Group

    Tim Wilson is a national industry partner for BKD National Construction & Real Estate Group.  He has more than 30 years of experience performing audit, accounting, tax and management consulting services.  He is a member of the American Institute of CPAs, Missouri Society of Certified Public Accountants and serves on the Emerging Issues Committee for CFMA, is co-chair of the AICPA Revenue Recognition Task Force for Engineering and Construction, the Financial Issues Committee of Associated General Contractors, and the CPA Advisory Council for the National Association of Surety Bond Producers.

  • Joint Ventures in Construction

    Contains 3 Component(s) Recorded On: 10/21/2014

    The presentation also addresses special jv issues related to surety bonds, minority businesses, Design-Build contracts, and P3s.

    We address the critical issues that surety bond producers must understand about joint ventures (jv) including: formation issues, types, jvs vs teaming agreements, structure, ownership, capitalization, profits, management, equipment and manpower, subcontracting, defaults, withdrawal or dissolution, insurance and bonding, and dispute resolution. 

    Adrian Bastianelli

    Co-Managing Partner, Peckar & Abramson

    Adrian Bastianelli is the co-managing partner of Peckar & Abramson's Washington, DC office. He has drafted and handled numerous disputes arising out of Joint Venture agreements. Mr. Bastianelli is a fellow of the American College of Construction Lawyers and has served on its Board of Governors and as the co-chair of its ADR Committee. He also is a past Chair of the American Bar Association (ABA) Forum on the Construction Industry and past President of the Washington Building Congress. He received the prestigious Cornerstone Award from the ABA Forum on the Construction Industry. Mr. Bastianelli served as the Editor of both The Journal of the American College of Construction Lawyers and The Construction Lawyer. He is a co-editor of Federal Government Construction Contracts and Construction ADR .He has an active ADR practice, having served as an arbitrator and a mediator on hundreds of disputes.

    Paul Monte

    Co-Managing Partner, Peckar & Abramson

    Paul Monte is the co-managing partner of Peckar & Abramson’s New York office. He concentrates his practice in construction and government contract law. Mr. Monte counsels many of the nation’s leading civil, road, tunnel, and infrastructure contractors and has successfully settled and litigated numerous complex claims against public and private owners, including agencies and authorities of the State and City of New York, the various divisions of the MTA, and the Port Authority. Mr. Monte has regularly drafts and negotiates Joint Venture agreements and has been involved in resolving numerous disputes arising out of Joint Venture agreements.

    Michael Zisa

    Partner, Peckar & Abramson

    Michael Zisa is a partner with Peckar & Abramson who has provided legal counsel to surety and construction clients in all aspects of their business operations for more than a decade.  His work for surety clients includes analysis and defense of payment bond and performance bond claims, negotiation and administration of takeover arrangements, and prosecution of subrogation and indemnity actions. Mr. Zisa assists his construction clients with contract negotiation, project administration and claim preparation, analysis, and resolution. Mr. Zisa is also well versed in the litigation process having successfully represented sureties, general contractors, subcontractors, and owners in litigation before federal and state courts as well as various contract appeals boards and in alternative dispute resolution forums.  Mr. Zisa regularly speaks on construction and surety issues and was recently recognized by Washington, D.C. Super Lawyers in the areas of construction litigation, surety and government contracts.

  • Surety Reinsurance and its Role in the Market

    Contains 3 Component(s) Recorded On: 10/07/2014

    A broad array of small, regional and large insurers are involved in various types of surety products and often form surety reinsurance relationships as part of a risk management and risk financing strategy. This surety reinsurance discussion touches on some of the basic characteristics of the industry and its participants.

    A broad array of small, regional and large insurers are involved in various types of surety products and often form surety reinsurance relationships as part of a risk management and risk financing strategy. This surety reinsurance discussion touches on some of the basic characteristics of the industry and its participants.

    Jim McMahon

    Manager, Gen Re Surety and Fidelity

    Jim is the manager of Gen Re’s Surety and Fidelity business, responsible for marketing and underwriting the bond portfolio across the US and Canada.  He started his insurance career with Chubb in 1979, working in various regions out of offices in Chicago, Atlanta, Philadelphia and London. Jim joined General Re in 1993.

    Jim is a past representative to the board of the Surety and Fidelity Association of America with active participation on the Government Affairs Advisory Committee, the Contract Bonds Advisory Committee and the Small and Emerging Contractors committee. As an industry speaker, Jim has presented at numerous Surety and Fidelity events including NAIS, NASBP and SFAA. He received his BA in Economics and History from Duke University and his MBA from The Cass Business School, City University in London, England. He also studied Alternative Dispute Resolution, Negotiation and Mediation at NYU, Contract Law at the Wharton Business School and Accounting at Mercer University.

  • Fraud in the Construction Industry

    Contains 3 Component(s) Recorded On: 09/23/2014

    When things are going well in the construction industry and contractors are busy, management can take their eyes off the ball and fraud can occur. When things are going poorly in the construction industry and contractors are not busy, employees are looking for ways to make more money and fraud can occur. There are ways contractors can keep fraud from happening-in good times and bad.

    When things are going well in the construction industry and contractors are busy, management can take their eyes off the ball and fraud can occur. When things are going poorly in the construction industry and contractors are not busy, employees are looking for ways to make more money and fraud can occur. There are ways contractors can keep fraud from happening-in good times and bad.

    Joel K. Bobo

    CPA, Horne LLP

    Joel is an assurance partner and the firmwide industry director for construction. Joel provides assurance and advisory services to large privately owned companies. He serves on HORNE’s Board of Directors.  Mr. Bobo  has more than 25 years of public accounting experience providing assurance and advisory services to clients, including specific knowledge of construction, non-profits and small businesses. With several professional affiliations with one being Construction Industry CPAs/Consultants Association, President.

  • Preventing Construction Defects and Mitigating Damages

    Contains 3 Component(s) Recorded On: 09/09/2014

    Construction defect claims are very complex and often result in significant costs and litigation involving multiple parties. This is not limited to one part of the country or a particular type of construction.

    Construction defect claims are very complex and often result in significant costs and litigation involving multiple parties. This is not limited to one part of the country or a particular type of construction. This presentation enables you to: identify the inherent challenges and complexity associated with construction defect claims; identify the important documents needed to defend against construction defect allegations; and explore opportunities to prevent or minimize construction defects during preconstruction.

    Michael W. Koppang

    Michael (Mike) Koppang, Director, Risk Control, Travelers Insurance

    Michael (Mike) Koppang, Director, Construction Claim Services, is currently responsible for a group of 10 construction engineers, architects and forensic specialists located throughout the country. Mike and his team assist construction claim professionals and defense attorneys to understand complex aspects of construction defect claims through on-site investigations, products failure analyses and design validation. Results from these efforts are aggregated and leveraged in loss prevention efforts through customer interactions.

     Prior to joining Travelers, Mike spent eight years working for a high-profile construction management firm coordinating construction activities of high-rise buildings, laboratories, hospitals and schools. Mike’s eight years of experience as a Superintendent with the construction management firm included reinforced concrete construction, elevators, roof installations, vivarium construction, mechanical systems, life safety testing and code compliance. Prior to working in construction management, Mike worked in the Design Service Center for a national engineering consulting firm. Mike graduated from The University of Massachusetts Lowell with a Bachelor of Science degree in Civil Engineering.

    Ken Wengert

    Regional Director for Construction Risk Control, Travelers

    Ken Wengert has been with Travelers since 2000, currently serving as Regional Director for Construction Risk Control in the Northeast and Metro Regions. Prior to joining Travelers he held various leadership roles at a national insurance carrier, largely focused on contractors with loss sensitive and owner/contractor controlled insurance programs. Ken has worked with many small, mid-size and large construction firms engaged in a wide range of projects including infrastructure, education, healthcare, general building, heavy civil, semiconductor, steel, energy and biopharma construction.

    Ken has worked in risk control and safety management since 1992, dedicating his efforts to resolving complex client issues and providing technical insight for business partners in claim and underwriting. He is a Certified Safety Professional and a Professional Member of the American Society of Safety Engineers, currently serving as Secretary and Government Affairs Chair of the Eastern New York Chapter. He is actively involved with the Associated General Contractors of New York State, including participation on

    the Safety Committee and currently serving as Chair of the AGC of NYS Code Rule 61 - Crane Regulation Revision Task Force. In addition to being a Habitat for Humanity volunteer, Ken also participates in military veteran service organizations such as the Military Caddy and American Corporate Partners programs.

  • Cyber Crime and Information Security Trends

    Contains 3 Component(s) Recorded On: 08/26/2014

    Businesses that typically have not thought themselves at risk for cyber-attacks are being targeted like never before.

    Businesses that typically have not thought themselves at risk for cyber-attacks are being targeted like never before. This session describes the threat landscape, discusses common attack methods, and provides critical insight as to how businesses can effectively address this emerging threat.

    Mark A. Eich

    Principal, Information Security Group, CliftonLarsonAllen

    Mark is principal in charge of the Information Security Group at CliftonLarsonAllen.  He has over 26 years experience in auditing and technology consulting.  In this position, he has actively led many IT audits and security assessments for clients in a range of industries and with a diversity of operating environments. 

    Mark has long recognized the need for IT auditing and consulting services that integrate with and complement the internal audit function. He emphasizes the integration of business issues into the overall framework of IT security to ensure that business requirements are met in a sound and secure manner. Mark, a Certified Public Accountant, earned the Certified Information System Auditor (CISA) designation from the Information Systems Audit and Control Association (ISACA) in 1995. He is a frequent speaker on information security topics at national conferences and has delivered over 100 presentations on multiple topics.  He currently serves on the Data Integrity Task Force for the AICPA. Mark is a nationally recognized speaker on information security topics.  He has been engaged by the Independent Community Bankers Association to provide semi-annual IT audit training for bank internal auditors.



  • Surety Risk Assessment - Utility Pipeline Failure Case History - Tyndall, SD

    Contains 3 Component(s) Recorded On: 08/12/2014

    This is a case study of an improperly built pipeline and how the surety company holding the performance bon stepped in to investigate the cost of replacing the pipeline and reached a settlement with the city so the pipeline could be replaced.

    This is a case study of an improperly built pipeline and how the surety company holding the performance bon stepped in to investigate the cost of replacing the pipeline and reached a settlement with the city so the pipeline could be replaced. This presentation focuses on the efforts made prior to the project being bid to minimize the risk, as well as the replacement of the pipeline and the lesson learned.

    Scott Hofer

    Sales Manager, Hancock Concrete Products

    Scott Hofer is the Sales Manager for Hancock Concrete Products a Manufacturer of Pre-Cast concrete pipe and products with six locations in the upper Midwest. He is a 30 year veteran of the concrete products industry and also spent eight years in distribution of water, sewer and fire protection products. Mr. Hofer is a past president of the South Dakota Associated General Contractors of America and past chairman of the SE South Dakota Chapter of the American Public Works Association. He is a past winner of the American Concrete Pipe Association’s Presidents Award for Marketing Excellence. 

  • The Challenges of Managing the BIM/VDC Process

    Contains 3 Component(s) Recorded On: 07/22/2014

    The challenges of managing the BIM/ VDC process; where is BIM technology today; and what does the future hold also are examined.

    Using building information modeling and virtual design & construction can help minimize risk and liability on projects and how some owners are using BIM to justify pay applications and measure designer and contractor performance. The challenges of managing the BIM/ VDC process; where is BIM technology today; and what does the future hold also are examined.

    Cindy Baldwin

    Chief Operating Officer, Operations, VDCO Tech, Inc.

    Cindy Baldwin is the Chief Operating Officer in charge of Operations at VDCO Tech, Inc., having overall responsibility for owner and employee relationships and for ensuring that the highest level of satisfaction is attained at every level of the operation -- from clients to co-workers. Cindy is responsible for and is spearheading that Company's growth and strategic planning.

    With over 21 years of diverse AECO Industry experience, Cindy is recognized nationally for her expertise in BIM and Virtual Design and Construction process and implementation strategies. She has managed over $750M in BIM project work and was responsible for $1.2M in BIM sales.  

  • Subcontractor Administration: Keep Your Friends Close, But Keep Your Subcontractors Closer

    Contains 3 Component(s) Recorded On: 07/08/2014

    The full life phase of the subcontract is explored - from formation and performance through closeout. Topics include subcontract terms critical to project management and payment issues, management of the underperforming subcontractor, and termination of a defaulting subcontractor.

    The full life phase of the subcontract is explored - from formation and performance through closeout. Topics include subcontract terms critical to project management and payment issues, management of the underperforming subcontractor, and termination of a defaulting subcontractor.

    A.J. Manion

    Co-founder, Manion Stigger LLP

    A.J. Manion is an attorney, a former construction project manager, and a licensed commercial contractor.  A.J. is co-founder of Manion Stigger LLP, a law practice devoted to representing and advising construction professionals.  A.J.’s two decades’ experience includes prosecuting and defending multi-million dollar claims in a variety of construction contexts, drafting and negotiating hundreds of construction-related transactions and working closely with clients to manage operational risk.  A.J. brings to each task the combined lessons of an engineering education, MBA education, project management background, experiences as a trial attorney (jury trials, court trials, arbitrations and extensive appellate practice) and work as Law Clerk in the United States District Court.  A.J. represents General Contractors, Construction Managers, Design-Builders and Subcontractors throughout the United States.

    Bruce Stigger

    Co-founder, Manion Stigger LLP

    Bruce Stigger is co-founder of Manion Stigger LLP, a practice focused on representing construction contractors in all aspects of the construction process - from bid disputes and contract negotiations, to project close-out, liens and litigation. His practice ranges from filing mechanic's liens to representing clients before the Kentucky Supreme Court. Bruce frequently participates in the arbitration process - either as an advocate or as an arbitrator - on the AAA National Panel of Construction Industry Arbitrators.  With more than 25 years of experience, Bruce is past Director for the Associated Builders & Contractors of Kentucky, has lectured extensively on construction-related topics, and has authored the Kentucky chapter in the treatise State Public Construction Law Source Book. 

  • Avoiding Claims by Managing Change to a Construction Contract

    Contains 3 Component(s) Recorded On: 06/24/2014

    Regardless of whom the stakeholder is, change impacts all parties and can have a dire effect on the project, finances and schedule.

    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 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.

    Larry Prosen

    Partner, Construction and Infrastructure Team, Kilpatrick Townsend & Stockton, LLP

    Larry Prosen is a partner in the Construction and Infrastructure Team of Kilpatrick Townsend & Stockton, LLP, resident in its Washington, D.C. office. He also heads up the firm’s Government Contracts sub-team. Holding a BS in Architecture from the University of Maryland at College Park, Larry has practiced law for almost 20 years in the fields of construction litigation and government contracts. Over his career, he has represented contractors, subcontractors and sureties on hundreds of projects, claims, disputes and bid protests across the country and around the world. He has been involved as both claimant and defendant/surety counsel on literally hundreds of Miller Act and Little Miller Act disputes as well as private bond disputes involving all types of projects. He also has been involved in the drafting and negotiation of numerous contracts and subcontracts.

    Paul Stynchcomb

    Principal, Vero Construction Consultants Corp.

    Mr. Stynchcomb is a Principal with Vero Construction Consultants Corp. Formally, Mr. Stynchcomb was a Senior Managing Director in the Forensic and Litigation Consulting practice of FTI Consulting. He has served the construction industry since 1984 as an expert in CPM scheduling, construction management, contract administration, and labor productivity. Prior to 1984, Mr. Stynchcomb held construction management positions in several major U.S. construction firms. Mr. Stynchcomb has been qualified as an expert in critical path method (“CPM”) scheduling, construction management, contract and subcontract administration, delay and cost impact analysis and loss of labor productivity in federal and state courts, boards of contract appeals, the Court of Federal Claims and before tribunals of the AAA and ICC.