CONTRACTOR’S PRACTICAL GUIDE TO CHANGE ORDER PRICING AND MANAGEMENT WORKSHOP 

The "Contractor’s Practical Guide to Change Order Pricing and Management" workshop offers invaluable guidance and practical tools to contractors for effective change order management. By enhancing preparedness for change orders, simplifying processes, and increasing change order approval rates, this workshop aims to significantly boost effectiveness in managing change orders.

This comprehensive workshop serves as a practical guide, covering critical aspects of construction contracting, including preparation, pricing, collection, submission, negotiation, and payment for all project changes. Participants will work with a manual comprising over 25 example checklists, forms, and letters. Through step-by-step procedures and practical examples, this workshop equips contractors with the necessary tools and knowledge to successfully navigate change order pricing submittals and issuance processes.

What you will learn:

• Identifying the conditions that lead to change orders and implementing strategies for proactive preparedness.
• Understanding the Request for Information (RFI) process and leveraging RFIs for obtaining answers and initiating changes.
• Exploring the Supplemental Instruction (SI) and its implications, including strategies for managing risks associated with improperly issued SIs.
• Reviewing contractual obligations related to the change order process, such as overhead and profit considerations, valid pricing periods, and more.
• Detailed examination of the step-by-step change order process, including:

• Establishing a master change control log.
• Managing subcontractor pricing, including distribution, receipt management, review, and correction return.
• Evaluating internal company costs, including direct, indirect, and consequential expenses.
• Assessing schedule impacts and additional general conditions costs, including time impact analysis and fragnet creation.
• Compiling and organizing proposed change costs, covering internal, external, and schedule impact expenses.
• Emphasizing the importance of thorough supporting documentation.
• Timely submission of proposed change pricing packages and understanding qualifications to protect the contractor's interests regarding pricing validity.
• Managing consultant and owner reviews and issuance of change orders.
• Recognizing situations requiring proactive action, including issuing notices and "Notice of Delay" if necessary for prompt change order issuance.
• Managing change orders and issuing subcontractor change orders.

• Identifying and preparing for common change order issues.
• Exploring the risks associated with change directives and emphasizing the importance of accurate daily labor timesheets and cost tracking.
• Understanding the significance of issuing "zero dollar" subcontractor change orders to ensure all parties are working from current documents.
• Evaluating the cumulative impact of changes and the contractor's responsibility to anticipate future impacts based on current changes.

This workshop includes an exclusive, comprehensive manual designed to be both a reference and a practical guide throughout the sessions. Backed by over 40 years of industry expertise, this invaluable resource is packed with actionable how-to guides, checklists, and templates. It serves as a strategic blueprint for streamlining change order processes, boosting profitability, and ensuring consistency in change order management.

Who should attend:

why choose this workshop:

This workshop provides an exclusive comprehensive manual serving as a reference and guide throughout the sessions. Drawing upon over 40 years of accumulated knowledge from the construction industry, this manual proves invaluable. It encompasses practical how-to guides, checklists, and templates, serving as a cornerstone for implementing new RFP response processes and procedures in your office.

This course is accredited for two (2) Gold Seal credits 

• Registrants seeking the Gold Seal credits must:
  Link up to this courses with their own screen/account. (No screen sharing).
  Be prepared to leave their cameras on so that I can again, confirm their participation... and
  Be prepared to complete the quiz/test at the end of the course individually.                           

Cancellation Policy

Cancellations will be accepted up to 48 hours before the scheduled start time of the course for a full refund, unless otherwise indicated. Refunds will not be issued once a course has commenced.