CMC: Insurance & Bonding

This module is not available as a stand alone course as it is part of a series that entails a $2500 fee. Construction projects have an inherent risk associated with them and contractors need to be educated about how to mitigate such risks so that they are covered in the event of a default. The course introduces participants to the various types of risks involved and how to plan effectively. Tools such as surety bonds provide financial security and construction assurance that contractors will be able to pay all of the parties involved including suppliers, laborers etc. The course covers the benefits of using surety bonds and the various types of contract surety bonds available to cover projects. The course is ideal for construction project managers, independent contractors engaged in the construction industry, technically skilled workers engaged in various trades, apprentices, and adult construction workers. Attendees will learn: