Jun 27, 2019 - 00:00

Atlanta

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

DATE: June 27, 2019

Location: Atlanta Technical College Dennard Conference Center

1560 Metropolitan Parkway SW

Atlanta, GA 30310-444

PROGRAM AGENDA

8:00 – 8:30am Participants Arrive (clear security)

8:30 – 8:35am Welcoming Remarks and Overview of Program

8:35 – 8:45am Small Contractor Success Story: Anthony Hines, Owner, Final Touch Shoes

A local small construction business will provide its story of obtaining financial and surety credit and building it resources network.

8:45 – 10:00am – 75 minutes on Bonding and Insurance: Katie Kleinschmidt, Vice President – Surety, USI Insurance Services

Various types and purposes of surety bonds and how small, emerging, and underserved contractors can begin the process of obtaining bonding. Construction accounting principles and financial systems that every small, emerging, and underserved contractor must know and adhere to for successful bonding relationships and business

10:00 – 10:30am – 30 minutes on Banking & Finance: Ray Pennie, President, Business Development Access to Capital for Entrepreneurs, Tony Christopher, President and CEO, Georgia Certified Development Corporation and Alan Thomes, Managing Director of SBA Banking, Cadence Bank

How to obtain a loan and business lines of credit and establish a working relationship with a banker.

10:30 – 10:35am – Break/Mid-morning networking

10:35 – 11:05am – 30 Minutes on Risk Management and Legal Concerns: Greg Veal; Bovis, Kyle, Burch, & Medlin, LLC

Performance risk, construction law, contracting issues, including change orders and equitable contract price adjustments and remedies available to contractors involved in legal disputes.

11:05– 11:20am Federal Assistance Programs, Earnest Knott, Area Director, SBA Surety Bond Guarantee Program

SBA Surety Bond and Loan Program staffs will discuss their expertise concerning bond and loan guarantees to assist small, emerging, and underserved contractors.

11:20 – 11:50am Local Procurement Opportunities, Andrew Smith, Georgia Tech Procurement Assistance Center

The Federal procurement process, as well as ways that a small business can access state, local, and private contracting opportunities.

11:50 – 12:00pm – Other Resources

12:00 – 12:10pm – Producer Insights for Success

12:10 – 12:15pm – Concluding Remarks: Wrap-Up/Additional Resources

12:15 – 1:00pm – Network with a Surety Professional