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R1 - CFO's Role in the Change & Claims Process 
June 29, 2015   10:30am - 11:45am
  Synced Audio / Video / Slides

This presentation will cover areas where your company's finance department can make or break collection of claims and can drastically affect cost of outside consultants and lawyers through: data organization and searching, allocation of expenses, tracking extra costs separately, tracking what are “allowable” costs under owner rules and separating them from other costs to avoid audit and false claim issues, and assuring compliance with ethics and claims certification processes.

Learning Objectives:
  • Learn to identify how a specific contract may direct you to keep records to support claims for extra work.
  • Learn to identify owner restrictions on what you can collect for changes and claims to assure ability to segregate costs.
  • Learn to identify laws and regulations that put your company and CFO at risk for improperly stated claims.
  • Learn how to explain to operations staff the importance of keeping records as you direct for changes and claims.

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