Business Breakfast: “Preventing Fraud and Managing Risk Through Key Operational Systems”

Date: Tuesday, February 17

Time: 7:30-9:00am [full breakfast included]

Location:  Mchenry row conference center

Commercial contractors and suppliers are facing increasing pressure to change operational systems and adopt new technologies in order to meet evolving requirements of owners, agencies, insurance and bonding firms, and general contractors, who are all requiring compliance in order to manage their own downstream risks.

Topics will include:

• Market Pressures on Contractors to Enhance Key Operational Systems
• Bank Fraud
• Payment Processing
• Prevailing Wage Reports
• Project Management
• Cyber Threats
• Data Security
• CMMC assessment, implementation, and certification
• The Strategic View from a Contractor’s Perspective

Compliance requires an increase in overhead and increased pricing in bids, which also makes it more difficult, especially for smaller companies, to invest in and support the required changes.  Third party specialists are available to assist, including CMMC certification companies, CMMC assessment and implementation firms, project management specialists, and payment processing companies, all of which can help subcontractors and suppliers qualify for projects, focus on their construction operations, and limit exposures to liability.  

our speakers:

• Charles Hammett, Hammett Technologies – Overall fraud and data security/CMMC
• Chris Haiss, Gross, Mendelson – Bank fraud, payment processing, project management, prevailing wage issues
• Bobby Sigmon, Sessa Sheet Metal – Contractor’s perspective