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Construction Risk Management: An Alternative to a Payment and Performance Bond
Date: Thursday, January 25, 2018
Sponsored by Lorman Education Services
Learn the components of a successful Construction Risk Management (CRM) program. An improving economy has meant a marked upturn in commercial construction.
However, with that greater opportunity comes greater risk: increased regulatory governance by the FDIC and the OCC, and the tighter credit climate accompanying the recovery have combined to make risk management in construction lending an even greater priority.
Given the commercial real estate losses incurred during the Great Recession, lenders are particularly sensitive to construction financing in this rebound. This timely topic will define and describe the components of a good CRM program and will enable you to proactively and comprehensively manage, as well as mitigate, your construction risk.
This Live Webinar Covers These Hot Issues:
Document and Cost Review
Construction Progress Monitoring
Funds Control and Disbursement
Case Studies and Problem Solving
Credit Information (Sponsored by Lorman Education Services)
For Detailed Credit Information page click here
Joseph (Joey) Bonin, Jr., Partner Engineering and Science, Inc.
(Not available outside the US)