Webinar

Webinar - Bonding: The Good, The Bad, And the Ugly. Everything You Wanted to Know About Surety Bonds, but were Afraid to Ask

  • Date: 11/29/2022
  • Start Time: 2:00 PM Eastern Time
  • End Time: 3:30 PM Eastern Time
  • Contact Hours: 1
  • Format: Webinar
  • CEUs: 1
Pricing:
PriceCostBeginsEnds
Webinar 112922: Bonding: The Good, The Bad, And the Ugly. Everything You Wanted to Know About Surety Bonds, but were Afraid to Ask (Member)$0.00 11/29/2022
Webinar 112922: Bonding: The Good, The Bad, And the Ugly. Everything You Wanted to Know About Surety Bonds, but were Afraid to Ask (Non-Member)$195.00 11/29/2022
Webinar 112922: Bonding: The Good, The Bad, And the Ugly. Everything You Wanted to Know About Surety Bonds, but were Afraid to Ask (Member) $0.00
Webinar 112922: Bonding: The Good, The Bad, And the Ugly. Everything You Wanted to Know About Surety Bonds, but were Afraid to Ask (Non-Member) $195.00
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Overview

How can a public agency using the low-bid system in awarding public works contracts be sure that the lowest bidder is dependable? How can private sector construction project owners manage the risk of contractor failure? Most public agencies and construction contractors are familiar with the process of obtaining surety bonds, but they may not be aware of the legal relationships that bonds establish. Bonds confirm the relationships among the principal (the contractor), the obligee (usually the owner) and the surety. This session will answer these questions and more. Participants will get a brief overview of bonding and insurance, see an outline for timing, and be able to identify when to use a particular type of bond. This online training session is targeted to beginning procurement professionals.


What You'll Learn

After completing this online training session, learners will be able to:
 
1. Describe the types of surety bonds.
2. Identify when to use a particular type of bond.
3. Give examples of how the surety provides the assurance that a contractor can perform.
 

Presenter Bio(s) 

Professional Certification(s) obtained: CPPO, C.P.M. Experience: Kirk Buffington, C.P.M. is the Director of Finance for the City of Fort Lauderdale, Florida – a position he has held since 2014. He brings 19 years of procurement experience to the profession – including 17 years in public procurement for Florida municipal and county governments. Kirk holds a Bachelor's Degree in Business from Florida State University and a Master's Degree in Business Administration with a major in Logistics and Materials Management from Webster University. In service to NIGP Chapters, Kirk has held membership in the Central Florida Chapter of NIGP since 1993 and in the Southeast Florida Chapter since 1995. He has served as the Southeast Florida Chapter Vice President and was the President for two years. Kirk is a Certified NIGP Instructor and served as the President of the National Institute of Governmental Purchasing, Inc. in 2008-2009. In service to the profession, Kirk has also held numerous leadership positions within the Florida Association of Public Procurement Officials (FAPPO) and as its President in 2001. He was also a member of the Local Planning Committee for the 1997 NIGP Forum in Fort Lauderdale.

Attendance for Individuals

In order to receive one contact hour, each member needs to register for the webinar individually in advance and then watch the live webinar. Your credit is tabulated by match between your login and your registration.

Attendance for Groups

There is a Group Sign-In Form provided with each webinar. The group sign-in form does not register anyone for the webinar, it just verifies live attendance. Each person will receive their login email on the day of the webinar – this verifies their registration. The group sign in form verifies that they watched the live webinar.

Please contact distancelearning@nigp.org if you do not receive your login information by 12 pm ET on the day of the webinar.
 

Presented By:

Phone: 800-367-6447Fax: 703-736-9644
Online, self paced learning, anytime, anywhere you want. Be sure to check out all the ONLINE offerings we have! Recommendations? Comments? Please send us an email at the address listed above. We'd love to hear from you!

Brought to You By:

Speaker:

  • Kirk Buffington, NIGP-CPP, CPPO, C.P.M., CPFIM, MBA

Sessions


Cancellation Policy

All cancellations must be made in writing by emailing registrationinfo@nigp.org. Once the login email is sent, registrants that are non-members are not eligible for a refund. Registered participants who do not attend will not receive credit. Need to miss the webinar due to a last minute meeting? There is no need to cancel. You won't receive credit, but you will still receive all the handouts and the recording link.

Disclamer

The content of this webinar is intended for informational purposes only. It is not intended to solicit business or to provide legal advice. Laws differ by jurisdiction, and the information in this webinar may not apply to every attendee. You should not take, or refrain from taking, any particular action based upon the information contained in this webinar without first seeking jurisdictional guidance.