AGC Seminar: Banking & Construction Bonding Management

Construction Financial Management Series with the AGC and Plumb

Banking and Construction Bonding Management

This seminar, “Banking and Construction Bonding Management” will help define the banker and surety roles in construction in addition to understanding their view of financial statements and A/R financing.  You will learn the surety company’s checklist, the 3 C’s of prequalification and what causes a contractor to fail.

Learning Objectives / Outcomes:

  • Define the banker and surety roles in construction
  • Understand the banker’s view of A/R financing
  • Understand the key ratios in “indemnity agreements”
  • Learn the surety’s view of a Work-in-Progress report
  • Review the importance of banking and bonding relationship in construction

Date: Wednesday, March 30, 2016

Time: 12:00 – 1:30PM (lunch included)

Instructors: Robert Scherer, President of Plumb  and Anne Wright, Surety Associates of Southern California

Price: $50 AGC Member; $75 Non-Member

Plumb Offers Bid Bond Assistance and Surety Reporting Services

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About Plumb:

Plumb provides construction accounting services to help strengthen accounting departments and support the management team that need added expertise on an outsourced on-going or project basis. With Plumb’s foundation in construction accounting and years of experience, Plumb Accountants and Certified Software Consultants are knowledgeable with the most common accounting and reporting needs for contractors.

Our construction accounting services provide transparent reports and analysis to allow for better insights on project profitability or loss. As a Sage Authorized Reseller, Plumb will help you gain a competitive advantage, by delivering the best construction software package for your needs.

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