Webinar: The Ins and Outs of Construction Bonds
June 17 @ 1:00 pm - 2:00 pm
There are many different types of bonds involved in the construction industry, especially when dealing with government-funded projects. This NEW webinar explains the ins and outs with special guests, Brent Chambers of CapitalPlus, and Cornelius Riordan, an attorney with Robbins, Salomon & Patt. Cornelius is an expert in the construction industry, specifically on the topic of bid, payment, and performance bonds. He represents contractors, sureties and lenders in litigation cases and appeals in both state and federal courts.
During this webinar, you will learn about:
- Difference between bid bonds and payment and performance bonds
- Rights and remedies available when a claim is made on a payment and performance bond
- Difference between a mechanic’s lien and a bond
- Miller Act
- Bond protections
About our speakers:
Cornelius “Con” F. Riordan’s legal practice emphasizes the representation of contractors, sureties and lenders in both litigation and transactional aspects of construction and surety law. He has tried cases to verdict for contractors and sureties as well as representing them in appeals in both state and federal courts. He also has extensive transactional experience, including preparation of construction contracts, construction loan agreements as well as documents in default and termination cases, workouts, financing of principals, asset sales and acquisitions. As part of Con’s construction practice, he has participated in mediation and arbitration proceedings.
Brent Chambers is the Executive Vice President of CapitalPlus Construction Services (CapitalPlus). Brent oversees strategic development, sales and growth of the organization and serves as a member of the Credit Committee. He received a Bachelor of Science in Geology from East Carolina University in 1984. Brent joined CapitalPlus Construction Services in 2017 with the goal of using his extensive background in the engineering and construction industry to help mid-market construction business owners with contract and risk management and cash flow solutions.
Prior to Joining CapitalPlus, Brent served 34 years as an Owner or Senior Executive in the Environmental, Engineering and Construction Industry. He is a growth-oriented leader having spent his career serving the Government, Power/Utility, Industrial/Commercial, Oil & Gas, Transportation, Mining and Water Sectors. His experience has included P&L ownership, strategic planning, turnarounds and acquisitions/mergers. He spent twelve years working as a Vice President in the publicly traded space with AMEC Foster Wheeler (ENR top 10 Engineering and Construction firm) where he was most recently the US Central Region Manager overseeing 23 offices in 16 States. Prior to his time at AMEC Foster Wheeler, he worked in small to medium sized privately held firms in a variety of senior leadership roles.
CapitalPlus Construction Services specializes in helping construction companies in all trades with working capital, supply chain support as well as consulting on lien rights compliance, risk management and contract compliance services.
- June 17
1:00 pm - 2:00 pm
- Event Categories:
- Webinar, Notice & Mechanic's Lien Webinar