Builders Breakfast - Building a Complete Insurance Bid

Description

Join us for our September Builders Breakfast, featuring an informative session focused on insurance for the construction industry.

Date: Tuesday, September 22 

Time: 8:30 AM – 10:30 AM 

Topic: Insurance

CPD: 2

This session provides a practical overview of building a complete and accurate bid for insurance restoration and new construction projects. It will focus on developing a clear scope of work, accurate pricing, appropriate contract terms, change orders, and clear payment expectations.

The goal is to help contractors, builders, and property owners better understand the bidding process and reduce scope gaps, unexpected costs, delays, and payment disputes.

OVERVIEW

• Bid Process – Understanding the steps involved in reviewing an insurance scope and preparing a contractor bid.
• Scope of Work – Making sure the scope is complete, accurate, and includes all required repairs.
• Change Orders – Understanding when changes are required, how they are documented, and how additional costs are approved.
• Contract Types – Reviewing common contract types and when they may be used.
• Payment Terms – Understanding deposits, progress payments, holdbacks, and final payments.
• Insurance Payment Schedule – Understanding how and when the insurer releases payments and how these payments relate to the contractor's billing schedule.

Come for the breakfast, stay for the conversation, and leave with practical information to help protect your business and projects.