|Construction credit is unique. From back charges to retainage, construction oriented credit managers need to be experts in maximizing the leverage provided by the lien and bond claim statutes. This half-day session is an intensive course addressing the construction lien process from a national perspective. From collecting job information through foreclosure, be prepared for a fast paced manager’s view of building the optimal construction credit department.
- Understanding Construction Credit
- Who has their hands in getting you paid?
2. The Notice to Owner
- Why was the Notice created?
- State differences, how do you handle them?
- Dealing with upset customers
3. Mechanic’s Liens
- How to get started
- Cost effective thresholds
4. The Process: Things You Need To Know
- Collecting Job Information
- Broader Considerations
- Credit Review
- Negotiating Terms and Conditions
5. Bond Claims
- Payment & Performance Bonds
- Dealing with a Bonding Company
- Time frames for payment
- Miller Act – Federal Projects
The Education Department of the National Association of Credit Management® has reviewed the educational content of this intermediate level program. Participants attending this program will earn 0.45 continuing education units (CEUs), all of which are valid for CCE recertification or 5.0 continuing professional education (CPE) credits in the Business Law/Finance field of study. No prerequisites are required. The NACM Control Number is 17426.
These continuing education units have been awarded in accordance with the standards recommended by the International Association for Continuing Education and Training. The CEU is a nationally recognized unit designed to provide a record of an individual’s continuing education accomplishments. One CEU is awarded for each 10 contact hours of instruction.
NACM is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Ste. 700, Nashville, TN 37219-2417. Web site: www.nasba.org.
For more information regarding administrative policies such as complaint and refunds, please contact our offices at 410.740.5560.