Demystifying the Bonding Process with the New Construction Lien Act and Certificate of Recognition (COR)
If you are a glazing contractor, this must-attend two-topic lunch and learn could be the most important event you will attend this year. Suppliers to the trade will find it equally valuable. Bonding is a mystery to many in our business. Getting paid anytime is a challenge, but knowing how to protect your business when a project goes sour could be a matter of survival. You’ll also learn what is involved in achieving COR accreditation, a requirement that is coming up more and more as a condition of bidding many projects, particularly with many of the major municipalities.
We are fortunate to have three presenters from bonding experts Petrela, Winter & Associates:
Roy Ferreira, vice president, with 20 years of managerial roles with Canada’s top sureties.
Woody Brown, surety advisor, with 10 years experience in the bonding industry.
Slava Kolmatskyy, surety advisor, spent 5 years with Canada’s largest surety before joining PWA.
Discussing the Certificate of Recognition program will be:
Sobi Ragunathan, an expert in the field, trainer, and a partner with 4S Consulting.
WHY YOU SHOULD BE THERE:
How to go about using bonding to your advantage as a sub-contractor or supplier is often largely misunderstood. Topics discussed will include what is bonding and how does it work; how to set up and maximize your bonding as a tool to grow your business; the impact of the new Construction Act on bonding; claiming on a bond; and using bonding as a tool to get paid.
Certificate of Recognition (COR) compliance is becoming a prerequisite for bidding many projects. The presentation will spell out what your company needs to do to work towards COR certification, including the approximate time required to complete the COR documentation prior to submitting to the Infrastructure Health and Safety Association (IHSA). The presenter will open attendees’ eyes to the amount of dedication required by all levels of a company’s staff to achieve a well-managed health and safety culture.
Richmond Hill Country Club – Georgian Room (East entrance)
8905 Bathurst St., Richmond Hill, ON
(1.5 kilometers north of Hwy. 407)
Thursday, November 15, 2018
Registration: 11:45 a.m.
Lunch: 12:00 p.m.
Presentations: 12:30 – 3:00
Cost per Person:
$60.00 ($53.10 + HST) for members
$90.00 ($79.65 + HST) for non-members
For more information:
Contact: Steve Ringler
By email: email@example.com
1011 Upper Middle Rd.
P.O. Box 1210
Oakville, Ontario L6H 5Z9