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04:10pm - 05:25pm EDT - December 7, 2021

Tuesday
04:10pm - 05:25pm EDT - December 7, 2021 | Room: Tower 1/2/4/6/7
Carl Franseen, CPA, CCIFP; Jackie Buck, CCIFP; Mr. Timothy Michael Love, CPA, CGMA
Tags: Construction CFO
Total Minutes: 75
During this session, financial executives representing construction contractors of varied sizes and industries will be focused on:

1. What CFO’s are doing right now to deal with current risks and opportunities such as the COVID-19 pandemic

2. Disruption in construction end markets such as those related to oil production and transportation,

3. The continuing skilled labor shortage, and technology steps that are being deployed to real benefit.
05:55pm - 07:10pm EDT - December 7, 2021

Tuesday
Federal government contract spending reached $682 billion in fiscal year 2020, which included $147 billion in federal contract dollars to small businesses. Government contracting provides an excellent revenue source for construction contractors, which likely will only increase with the recent passage of the Infrastructure Investment Jobs Act. This session will provide attendees with basic advice on how construction contractors can pursue potential opportunities for work in the government contracts marketplace and will also describe the compliance issues that contractors should be aware of when pursuing and conducting this work. The presenters (two CPAs and one attorney) have deep experience with several years of practice in the government contracts marketplace and will provide opportunities for questions and further discussion after the presentation content is completed

Objectives:
  • Recognize the basic understanding of key regulatory requirements
  • Describe basic government contracting environment
  • Review basic accounting guidance for compliant government cost accounting practices
01:30pm - 02:45pm EDT - December 8, 2021

Wednesday
The session is designed to provide a comprehensive overview of how to prepare a contractor for sale. The presentation will start with a discussion of the pre-transaction process of getting a contractor ready for a transaction including associated readiness considerations. We will provide a detailed overview of the mergers and acquisitions process and the role of the investment banker. This overview will encompass a framework of the sales process and time line from marketing the contractor, receiving and negotiating a letter of intent and the due diligence process to ultimate closing.

Objectives:
  • Analyze conditions leading to sale and the steps in developing a successful plan to sell a contractor
  • Identify the financial & non-financial transaction readiness considerations
  • Determine the various advisors that should assist a business owner in the sale process and their respective roles
  • Identify the substantive process steps and the associated timing to accomplish these steps for the sale of a private company
  • Identify the key items that a private company seller should focus on during the sale process in order to ensure an optimal outcome is achieved
04:50pm - 05:40pm EDT - December 8, 2021

Wednesday
04:50pm - 05:40pm EDT - December 8, 2021 | Room: Raphael
Barbara G. Werther, ​Speaker - Virtual
Tags: Construction CFO
Total Minutes: 50
Regardless of the vicissitudes of the economy, construction projects inevitably experience change orders and delays, which often result in unproductive and wasteful litigation. Managing the process correctly to avoid litigation is critical to a successful project. Understanding the contractual mechanisms for navigating the change order and delay process is the hallmark to achieving the finish line. This means properly staffing the project with individuals who understand the process and are capable of carrying it out. This course will provide the basic educational framework for recognizing changes and delays, and perfecting the parties' interests, while not jeopardizing project outcomes.

Objectives:
  • Identify how to avoid litigation
  • Identify the processes of changes and delays to protect rights