Presented By SANEO: THE SUBCONTRACTOR’S LEGAL CORNER
State Approved for One Hour of CEU
January 26 – Tom Green: THE NEW OVERTIME LAWS AND HOW THEY AFFECT YOU
- Changes to the Fair Labors Standards Act
- Significantly increase labor costs
- Labor Department’s regulation raising the salary limit below which workers automatically qualify for overtime pay.
- Exempt versus non-exempt employee for over-time pay.
- Best business practices to keep overtime hours to a minimum.
Feb 14 – Joe Spoonster: WHEN GOOD BIDS GO BAD!
- Bidding tactics to prevent bid shopping
- Best bidding practices
- Can you be responsible for mistakes in your bid
- When is the general contractor entitled to rely on your bid
“Bid shopping” occurs when a general contractor discloses the bid price of one subcontractor or supplier to its competitors in an attempt to obtain a lower bid that the one on which the general contractors based is bid to the owner. Bid shopping is detrimental to the construction industry – it defeats competitive bidding, promotes lower-quality work, and encourages claims and change orders”.
Mar 7 – Kevin Keller: BID BONDS: HOW THEY CAN MAKE OR BREAK YOUR COMPANY
- Effectively presenting your bond request to the surety to help assure approval
- Managing the timing and information for a bond request from inception until completion
Mar 23 – Justin Alaburda: Getting paid for extras, notice provisions and cost documentation best practices
Apr 13 – Todd Harpst: HOW TO HANDLE “PAY IF PAID” TERMS IN YOUR CONTRACTS- IT STARTS WITH YOUR BID
- Negotiating tactics to pre-empt the pay if pay consequences
- Work around Pay If Paid terms
- Why Mechanic’s Liens are worth their weight in Gold
- Know which Contracts to Walk Away From
“Pay if Paid terms in subcontracts are an industry wide nuisance. They are an unfair allocation of risk, increase the rate of subcontractor defaults, and encourage disputes and liens. Owners should reject them, and general contractors should stop using them. Until they do, the best thing subcontractors can do is educate themselves on the legal options they have to manage the payment risks on those projects where pay if paid terms prevail. This 30 minute seminar will hit the high points of pay if paid terms and the options you have, starting with how you prepare your bid.”
ADDITIONAL NEW EVENTS COMING SOON