Construction Contingencies:
The uncertainties that have affected construction in the last few years led to skyrocketing contingency budgets. Contingency budgets have begun to fall as the market returns to normal, but setting appropriate budgets remains challenging. Panelists on this month’s call will provide insights into the objective examination of construction projects and discuss best practices and minimization of risks on projects from small commercial tenant improvements to larger ground up projects. Topics will include properly tracking contingency, documenting your construction loan file, and managing leftover contingency at the project’s conclusion.
Panelists include:
- Lorrie Kramer | Construction Loan Manager / Post Close Auditor at Milestone Bank
- Ryan Kearey | President at RJ Kearey Construction
- Kendra Vincenty | Chief Commercial Officer at First Bank of the Lake
- Miguel Brizuela | Founder and Managing Attorney at Miguel A. Brizuela, P.A.
- Kyle Gustafson (Moderator) | National Client Manager at Partner Engineering and Science, Inc.
Construction Contingencies
Thursday, March 28, 2024
11:00 AM – 12:00 PM Pacific Time
Click here to register and view the call on-demand.
View the presentation slides here.