Sub-Specialty - Bottom Line: How Can Sub-Specialty Contractor CFMs Improve Project Profit?

Jun 28, 2016 1:45pm ‐ Jun 28, 2016 3:25pm

Identification: S3

This panel of Sub-Specialty CFMs will discuss best practices and respond to attendees’ questions regarding cash flow, contract clauses, change order turnaround, restrictions on change pricing, collections, and improving communication between operations and accounting.

Learning Objectives:

  • Define areas of the CFM role that can impact project profitability
  • Discuss examples of best practices and compare to current methods in your organization
  • Identify key areas for implementation in your organization

Reading the Tea Leaves: Forecast & Trends in the Capital Markets for Contractors

Jun 28, 2016 1:45pm ‐ Jun 28, 2016 3:25pm

Identification: L5

This interactive panel of finance experts, moderated by a seasoned industry CFO, will discuss future trends in the debt and financing market for contractors and cover the impact of rising interest rates, effect of new lending regulations, industry consolidation themes, and more. Attendees will gain a clear view of the debt and equity markets and the practical implications for contractors, along with actionable recommendations for CFMs to help guide their construction businesses in the future.

Learning Objectives:

  • Identify changes impacting the capital markets and how they might be expected to affect CFMs and their companies in the next 2-5 years
  • Assist CFMs in identifying practical financing strategies to handle the rising interest rate environment in the coming years
  • Understand potential sources of financing (senior, junior, secured, unsecured) and the pros and cons for each, with a focus on the future market changes
  • Explain changing regulatory landscape facing financial institutions and educate CFMs on how they can best position their companies to navigate the new financial environment
  • Understand likely future activity in mergers and acquisitions and how best to position a company for a potential exit event given current market dynamics

Advanced Session - Accounting & Financial Statement Issues for Construction Contractors

Jun 28, 2016 1:45pm ‐ Jun 28, 2016 3:25pm

Identification: A5

This session will review and discuss select advanced accounting, financial statement presentation, and reporting matters facing construction contractors and users of their financial statements, including current accounting pronouncements, joint ventures, and other accounting issues.

Learning Objectives:

  • Gain an understanding and awareness of common issues surrounding the accounting and financial statements of a construction contractor
  • Review and understand such advanced contractor issues as unapproved change orders/claims, joint ventures, insurance, and other contract related reserves
  • Understand select new accounting pronouncements that will impact the construction industry, including revenue recognition, VIE reporting requirements, goodwill, etc.

Simple Tech Solutions: Finding, Developing & Integrating Easy-to-Implement Construction Apps

Jun 28, 2016 1:45pm ‐ Jun 28, 2016 3:25pm

Identification: T5

Explore easy-to-use mobile and web applications that can be integrated into your company’s construction process. This session will review technology tools that, with simple implementation, can address far-reaching problems and inefficiencies. Learn how companies today are employing these solutions and creating competitive advantages on projects without having to adopt full enterprise software suites. From reporting time to sharing project photos, explore how these mobile and cloud solutions can work for you.

Learning Objectives:

  • Review the evolution of mobile construction technology
  • Discuss the available and emerging cloud solutions available by web and mobile
  • See how companies have implemented and integrated simple workflow solutions for big results



Mental Illness & Suicide: Break the Silence & Create a Caring Culture

Jun 28, 2016 1:45pm ‐ Jun 28, 2016 3:25pm

Identification: B5

The human and financial impacts of untreated or mistreated mental health conditions are staggering. Untreated or poorly managed mental health conditions become apparent in the workplace – sometimes in obvious ways, and sometimes in subtler ways. The construction industry is one of the occupations at greatest risk for suicide. CFMs must have an active role in helping address mental health awareness and promoting suicide prevention in their organizations. Successful leaders will boldly and proactively address the issue.

Learning Objectives:

  • Illustrate how mental health and suicide is a business problem
  • Highlight the human and financial impacts of mental health manifestations in the workplace
  • Reveal demographic and other mental health and suicide risk factors that are unique to the construction industry workforce
  • Present a business case for the construction industry to expand mental health awareness and suicide prevention by training leaders and supervisors how to respond
  • Provide a practical toolkit of strategic solutions to create a preventative culture by integrating mental health into safety, wellness, and employee benefit programs

Advanced Session - Contractual Risk Transfer

Jun 28, 2016 1:45pm ‐ Jun 28, 2016 3:25pm

Identification: R5

Contractual risk transfer is a critical element of any successful risk management program. This session focuses on key elements required to manage the upstream and downstream transfer of risk through indemnification, insurance, and associated risk transfer language contained in various contract agreements. Real-life examples of failures that occur in the construction industry will underscore the need for very specific contract language and administrative review processes. Extensive technical resources will be provided.

Learning Objectives:

  • Understand the most common risk transfer and lower-tier insurance failures that continue to plague the construction industry
  • Identify how to assess failure points and potential gaps in subcontracts, trucking, and vendor service agreements
  • Learn about critical lower-tier insurance review and approval processes as well as contract administrator training and education that your company should implement
  • Walk away with extensive resources and tools to improve your company’s contractual risk transfer policies and procedures



Leading from the Inside Out, Continued

Jun 28, 2016 3:35pm ‐ Jun 28, 2016 4:55pm

Identification: L4

This session builds on the concepts introduced in “Leading from the Inside Out” (GS2). Through case study examples, hear what real organizations and individuals are doing to develop the leadership capabilities that produce the greatest sustainable leadership impact. Additionally, this session shares how the most valuable leadership capabilities produce not only a healthier bottom line, but also a better quality of life for all involved.

Learning Objectives:

  • Hear about proven methods for developing the most illusive and valuable leadership qualities
  • Discover what is required for every individual and organization to maximize the value gained from its leadership development efforts
  • Analyze your own and your organization’s leadership development practices for efficiency and effectiveness
  • Understand the essential conversations you need to have to develop exceptional leaders for the future of your organization
  • Learn how the most effective leadership capabilities make both your profits and your life richer

Employer Health Care Deconstructed: The Shifting Tectonic Plates

Jun 28, 2016 3:35pm ‐ Jun 28, 2016 4:55pm

Identification: B6

Private exchanges, specialty prescriptions, deteriorating population health, and compliance uncertainty have employers concerned about rising and unpredictable health care costs. This session will detail strategies in these key areas of health plan costs management for contractors. Case studies and specific cautionary examples will assist attendees in garnering the necessary knowledge to navigate the coming years for their employer-sponsored health plan.

Learning Objectives:

  • Identify the opportunities and pitfalls in the private exchange offerings in the market today as well as the tools to evaluate them
  • Learn the latest cost and risk mitigation tools for health plans – including stop-loss, specialty prescriptions, and narrow networks
  • Understand the changing landscape of "wellness" and how hospital systems are making a play to own this space as well as the employer impact
  • Identify best practices for health plan management and plan design/network strategies



Best/Worst Financial Signs & Practices for Contractors

Jun 28, 2016 3:35pm ‐ Jun 28, 2016 4:55pm

Identification: A6

This interactive session is based on years of real-life experience and data will include 10 items each for strong, improving, struggling, and failing contractors.

Learning Objectives:

  • Identify and understand the best and worst financial signs of strong, improving, struggling, and failing contractors, including key financial statement elements and ratios
  • Identify and understand the best and worst financial practices of these contractors, including key contract bidding and performance procedures
  • Hear from other session attendees about their experience and how they rank the importance of items discussed

Sub-Specialty - Image Alert! A Proven Program to Raise the Level of Subcontractor Expertise

Jun 28, 2016 3:35pm ‐ Jun 28, 2016 4:55pm

Identification: S4

As in the entire construction industry, subcontractors vary by size and expertise. However, there is often a misconception that small contractors do not have the knowledge or experience to run a successful business. This session will explore the mentoring program of a large GC that has developed some very small subcontractors into successful companies and construction partners.

Learning Objectives:

  • Understand the benefits to our entire industry in raising the level of knowledge for all contractors, specifically subcontractor
  • Learn the details of Sundt Construction’s Subcontractor Mentoring program, how to set it up, and the pitfalls along the way
  • Decide if a mentoring program will work for you and your construction partners