Contract Structure and Monthly Pay Apps
This session introduces the interconnectedness of contract structuring and monthly payment application processes. This foundational knowledge is essential for understanding how GCs and subs are paid throughout a project.
Attendees will learn:
- The various contract types
- About pay apps and the role they serve
- How construction companies manage payments
- How contract types and pay apps work together in the payment process
Who should attend?
- Those new to the industry
- People needing a refresher on the basics of CRE
- HR team members
- PMs and PEs
- Superintendents
- Accounting
- Support staff
- Marketing
The Academy for Construction Excellence presents a series for those individuals new to the construction industry – whether new to their career and experienced professionals from other industries. Also invited? Those who need a refresher course! Upon completion of these classes, attendees will have a strong knowledge base, creating confidence knowing the key players and processes in commercial construction. In each class, attendees start at a high level and then dive into necessary aspects of these areas:
- Introduction to CRE, 4/22
- Lifecycle of a Project, 5/7
- Development 101, 5/22
- Introduction to Finance in Construction, 6/26
- Contract Structures and Monthly Pay Apps, 8/19
- Basics of Liens and Bonds, 9/25
- Anatomy of a Legal Proceeding, 11/6
Register for the full series or for individual classes based on your knowledge gaps.
Taught by Chad Constance of Rosendin Electric.
If you plan to register for virtual participation, a virtual link will be provided a few days prior to each session. Please have your camera on and plan for full engagement.