
Navigating Tariffs Webinar - Past Event

Tariffs are coming! And this can lead to rapid escalation that will be reflected in project costs. Steel, aluminum, lumber, and glass are just some of the materials that could be subject to escalation. This webinar is here to help Owners proactively address tariffs (and other price escalation/de-escalation unknowns) in all stages of construction including the bidding process, during construction, and project closeout. With the economic environment changing daily, our goal is to give your organization the valuable tools it needs to be ready to face the idea of potential tariffs and economic unknowns.
Contractors and their attorneys are already talking about how they are going to be addressing potential increases in costs due to tariffs and levies. This webinar presents strategies to proactively mitigate the potential increases in costs due to contractor requests for contract price adjustments due to tariffs and levies.
Instructors Ashley Humphries and Rich Townsend are ready to equip you with contract language and management processes that will help ensure that all parties will be treated fairly and mitigate risks of being overcharged.
This will be a webinar you will not want to miss!
Program Schedule
Tuesday, March 11, 2025
All sessions will be held via Zoom 11:00 am - 12:00 pm CDT - Presented from Dallas, TX
9:00 am - 10:00 pm PDT
12:00 pm - 1:00 pm EDT
This is a live presentation only. Any recordings made will be for our records only.
Who Should Attend
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Owner's construction management executives
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Owner project managers
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Owner contract administrators
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Owner construction contract procurement representatives
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Owner legal representatives
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Owner's construction audit representatives (internal audit and/or external consultants)
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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.
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.
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).