This webinar was held in March, 2025 
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See below for details including seminar content, CPE, reviews, etc.

Who Should Attend

• Owner’s construction management executives
• Owner project managers
• Owner contract administrators
• Owner construction contract procurement representatives
• Owner legal representatives
• Owner’s construction audit representatives (internal audit and/or external consultants)
• Third-party program management representatives

Attendees Will Learn

1. Strategies to consider to help your organization avoid making costly mistakes when entering into construction contract agreements when the market is factoring in rapid escalation into their costs.

2. Key steps to help ensure the best value is received when the CM/GC and subcontractors price escalation into their bids and change orders.

3. Critical process to ensure change orders are fairly priced.

4. Processes to control costs related to material escalation purchases by the Contractor.

5. How to structure your contract to help ensure you do not overpay for material escalation.

6. Management/construction audit partnering strategies to help ensure construction administration is working as anticipated to benefit the project.

7. Owner’s Project Managers will learn specific key control points that will increase their ability to address rapid escalation in their construction projects due to tariffs and other government regulations.

8. Owner’s Project Managers will learn how to effectively partner with their construction auditors to more effectively control the costs of tariffs and economic unknowns in their construction contracts.

Program Fee

Regular Registration Fee = $49

Program fee includes instruction and all program materials.

Cancellation and Refund

If you register for a virtual training and are unable to attend, please notify us by email and we will apply your credit toward any future training. For information regarding refund, concerns and/or program cancellation please contact Marie Jones at [email protected].

CPE

All participants are eligible to receive up to 1 Continuing Education Credit (CPE’s) to fulfill professional accreditation requirements.  Participants will receive 1 CPE credit for every 50 minutes in attendance.  Field of Study: Specialized Knowledge. Course Level: Basic. Group-Internet, lecture-style seminar; no prerequisites or advanced preparation required. For information regarding CPE, complaint, or program cancellation, please contact Ashley Humphries at 214-551-4942 ([email protected]) or Rich Townsend at 972-679-6762 ([email protected]).

Construction Audit & Cost Control Institute (CAACCI) 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: www.nasbaregistry.org

Instructors

Rich Townsend is Co-Owner of the consulting firm R. L. Townsend & Associates, LLC. The firm provides construction audit and construction cost control advisory services to a wide variety of organizations throughout the United States.

Mr. Townsend is a Certified Internal Auditor (CIA), a Certified Public Accountant (CPA), and a Certified Construction Auditor (CCA). He currently serves on the advisory board for The National Association of Construction Auditors. He has been providing professional development training seminars through the Construction Audit & Cost Control Institute, Inc. since 2008.

He is a graduate of Waynesburg University (Waynesburg, Pennsylvania) where he obtained a Bachelor of Science Degree with a major in accounting.

Ashley Humphries is a Senior Construction Auditor at R. L. Townsend & Associates, LLC. She has worked for the firm for the last nine years and she has extensive experience working on construction audits of major construction projects for private and public universities, university healthcare organizations, public school districts, industrial, and real estate development.

She has been part of our Construction Audit & Cost Control Institute instructor team for the last several years. She has also participated in presentations at the National Association of Construction Auditors annual conferences.

Ashley is a Certified Internal Auditor (CIA) and a Certified Construction Auditor (CCA). She is a graduate of the University of North Texas (Denton, Texas).

Register:

Regular Registration Fee = $49

REGISTRATION NOTES:

• To Register a Group:  Select the quantity in the form below.
• International Payments:  must be made by credit card in advance of this seminar.
• Need Assistance with Registration:  Contact Marie Jones through the chat box or call (254) 736-0309 or email:  [email protected]

 Have Questions About Seminar Content? Contact Ashley Humphries at (214) 551-4942 or [email protected] or Rich Townsend at (972) 679-6762 or [email protected]

Click here for a copy of a W-9 for Construction Audit & Cost Control Institute, Inc.