Program Agenda – Seattle

Your Path to Surety Bonds – What Small Businesses Need to Know

May 18, 2017
Seattle Public Library
1000 Fourth Ave.
Seattle, WA 98104

8:00 – 8:30am		Participants Arrive
8:30 – 8:35am		Welcoming Remarks and Overview of Program Arnaldo Soto, Chair, NASBP Small and Emerging Business Committee and Catharine Powers, OSG Seattle Area Office Director
8:35 – 9:05am		Bonding and Insurance Various types and purposes of surety bonds and how small, emerging, and underserved contractors can begin the process of obtaining bonding. Jacob Haddock, Propel Insurance Stuart O’Farrell, Arthur J. Gallagher & Co.
9:05 – 9:15am		Perspective of a Surety Underwriter Joel Hertzog, Merchants Bonding
9:15 – 9:45am		Banking & Finance How to obtain a loan and business lines of credit, and establish a working relationship with a banker. Janie Sacco, Kitsap Bank
9:45 – 10:15am		Risk Management and Legal Concerns Performance risk, construction law, contracting issues, including change orders and equitable contract price adjustments and remedies available to contractors involved in legal disputes. Tymon Berger, Construction Litigation Partner at Ahlers Cressman, PLLC
10:15 – 10:20am		Break/Mid-morning networking
10:20 – 10:50am		Construction Accounting Construction accounting principles and financial systems that every small, emerging, and underserved contractor must know and adhere to for successful bonding relationships and business operations. Chris Newman, Managing Member, Newman Town, PLLC
10:50– 11:20am		Federal Assistance Programs SBA Surety Bond and Loan Program staffs will discuss their expertise concerning bond and loan guarantees to assist small, emerging, and underserved contractors. Mark Costello, Supervisory Lender Relations Specialist Linda Laws, SBA Office of Surety Guarantees
11:20 – 11:35am		Small Contractor Success Story A local small construction business will provide its story of obtaining financial and surety credit and building it resources network. Kara Skinner, Integrity Surety Company Travis Crabb, Neptune Marine LLC
11:35 – 11:55am		Local Procurement Opportunities The Federal procurement process, as well as ways a small business can access state, local, and private contracting opportunities. Cate Taylor, Washington PTAC Counselor
11:55 – 12:00pm		Concluding Remarks: Wrap-Up/Additional Resources Linda Laws, SBA Office of Surety Guarantees
12:00 – 1:00pm		Network with a Surety Professional