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Don't miss your opportunity to attend this program!
(Individual module registration is not available.)
Are you ready to enhance your legal expertise in construction contracts and claims management?
CFMA’s Construction Contracts & Claims Management Legal Certificate Program is designed as an advanced certificate of completion program to specifically address the contract and legal nuances of the construction industry for CFPs.
CFMA’s Construction Contracts & Claims Management Legal Certificate Program — which starts on February 4, 2025, and is scheduled on five consecutive Tuesdays from 3-5 PM ET (12-2 PM PT), concluding on March 4 — is anchored in case studies and will be presented by leading industry professionals and delivered through live, online modules with interactive exercises that will require participation. A private online discussion community will provide you with the opportunity to share thoughts and engage with participants throughout the program.
The five modules in this advanced certificate program are:
Each module will unpack a unique case study and will require your participation via live roundtable discussions, group assignments, and communication forums. You will receive a case study to read and review prior to each live session.
The Contracts & Claims Management Legal Certificate Program will
conclude with a final activity in which you will be required to submit a
one-page summary demonstrating knowledge learned. Upon successful
completion of the program requirements, you will receive a certificate
of completion in the form of a digital badge in addition to earning 10
CPE credits in Business Law.
Level & Prerequisites
This is a group
internet-based course at the Advanced Level. Pre-reading and preparation
are required before participating in each module of the program.
CPE information
Earn 2.0 CPE credits for attending each module, with a total of 10.0 CPE credits in the field of Business Law upon completion of the entire program.
(Please note that CPE credits can only be earned by attending the live session and are not available by watching the recordings.)
CCIFP information
Earn 2.0 CCIFP Maintenance Credits for attending each module, with a total of 10 CCIFP Professional Development Credits towards the General or Construction Requirement.
Who should attend?
Price
$475 for CFMA Members and $750 for Non-Members
“It is essential for financial managers of contractors, subcontractors, and suppliers to have a strong grasp on critical legal issues that face the construction industry. Through CFMA’s Construction Contracts & Claims Management Legal Certificate Program, we will address these critical legal issues in an in-depth manner that is not available to us via other program and seminar formats. After you complete this program, you will not only understand these legal risks, but you will also have a better understanding of how to best protect your company as you navigate through these every day legal issues.”
— Ryan Hiss, Partner, Laurie & Brennan.
Defining Scope of Work & Payment Terms |
Tuesday, February 4, 2025 at 3:00pm - 5:00pm Eastern |
This session will cover the essential components of a construction contract, with a particular focus on developing and managing the scope of work, establishing clear payment schedules, and understanding common payment structures (e.g., lump sum, cost-plus, unit rate). You will learn to effectively draft and review contract terms to ensure clarity, accuracy, and enforceability, and gain a deep understanding of how well-defined scope and payment provisions can prevent disputes, optimize project execution, and mitigate risks during the construction process. By the end of this module, participants will be able to:
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Navigating Changes & Unforeseen Conditions |
Tuesday, February 11, 2025 at 3:00pm - 5:00pm Eastern |
Change happens and often unexpectedly. During this session, you will learn how to identify, document, and manage change orders and unforeseen conditions to ensure compliance with contract terms, protect financial interests, and minimize the risk of disputes. Uncover the key provisions in construction contracts that address changes to the work and unforeseen conditions and explore how these issues are typically managed within the legal and contractual framework. Topics covered include the impact of changes on cost and schedule, strategies for negotiating fair compensation, and the importance of timely communication and documentation throughout the process. By the end of this module, participants will be able to:
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Time is Money: Strategically Manage Delays & Schedule Interruptions |
Tuesday, February 18, 2025 at 3:00pm - 5:00pm Eastern |
Through detailed case studies, you will dive into examples of common delay scenarios including weather-related disruptions, design changes, supply chain interruptions, and contractor performance issues. This module will provide contract strategies for protecting a contractor’s right to not only an extension of time, but also additional costs arising from such delay, as well as limiting liability for contractor caused delays. Explore valuable tools for identifying whether delays are excused and determining when and how to seek appropriate remedies. By focusing on the critical elements of asserting and supporting delay claims, this session will help contractors, project managers, and other construction professionals effectively prevent, document, and resolve delay-related disputes. By the end of this module, participants will be able to:
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Implementing Legal Remedies & Successful Dispute Resolution |
Tuesday, February 25, 2025 at 3:00pm - 5:00pm Eastern |
Focusing on practical solutions, financial implications, and dispute resolution processes, this module offers a deep dive into how to handle conflicts that arise during construction projects, from contract breaches to performance issues, delays, and beyond. Explore various legal remedies available to contractors, owners, and subcontractors when disputes occur including claims for damages, contract termination, and enforcement of contract terms. Also, cover the most common forms of dispute resolution, such as negotiation, mediation, arbitration, and litigation, helping you to understand when and how each method can be used effectively to achieve the desired outcome. By the end of this module, participants will be able to:
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Covering Your Bases: Insurance, Bonds & Indemnification |
Tuesday, March 4, 2025 at 3:00pm - 5:00pm Eastern |
During this session, you will explore the various types of insurance policies commonly required in construction contracts such as general liability, workers’ compensation, builder’s risk, and professional liability insurance. Also, dive into the intricacies of performance bonds and payment bonds — which guarantee the completion of the project and the payment of subcontractors and suppliers, respectively — how they are issued, and how to manage claims related to them. In this module, you will examine indemnification provisions, including the difference between indemnity agreements that protect against third-party claims vs. those that cover direct contractor liability, and discuss in detail key issues such as enforceability, legal limitations, and risk allocation. By the end of this module, participants will be able to:
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The Construction Financial Management Association (CFMA) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: Web site: https://www.nasbaregistry.org/ |