Bid Bonding is a key requirement of government and other larger contracts. This seminar is an opportunity to learn the basics of Bid Bonding and an opportunity to ask experts in the business questions you may have about the Bid Bonding you are already undertaking. This seminar is being hosted by the Yukon Contractors Association in partnership with Wilson M. Beck Insurance Services one of Western Canada’s largest privately held brokerages.
The seminar is free for YCA members and only $20 for other stakeholders and interested parties. We have limited space, so please RSVP as soon as you can to guarantee your seat at this session.
What You Can Expect to Learn at this Seminar
Suretyship has been a valuable tool dating back to 2750 BC and is used around the world to help secure the bid process and contract performance in the Construction Industry.
While Surety has been around for a long time, we are still seeing innovations and expansion of its utilization. Over the last few years, more public and private owners have begun utilizing bonding including a significant uptake in E-Bonds (that is Digitally Verifiable Bonds). A case in point is Bill 142 in Ontario which was put into place in late 2019 as part of prompt payment legislation and contained a requirement for any provincially funded projects over $500,000 to be bonded.
Be prepared to get ahead of your future bonding requirements by attending this seminar to ensure you have a good understanding of what the process entails. If you already have a bonding facility in place this seminar will ensure you have a better understanding of what the Surety looks at when making their decisions.
In this seminar, we will go over everything you’ll need when setting up your bond facility, how your broker fits into the process, and understand Surety’s underwriting appetite. We will also touch on the costs and benefits of maintaining a bonding facility along with the basic types of bonds. Click here for the bio of the seminar presenter Craig Spence CPA CMA.
Date: Wednesday June 18, 2025
Time: 9:30 a.m. – 10:30 a.m.
Location: Whitehorse Chamber of Commerce Board Room (downstairs) – 302 Steel Street
Other: Coffee and light snacks will be provided
RSVP: RSVP by 12:00 noon on Friday June 13, 2025 to guarantee your seat – SEATS ARE LIMITED
Contact: Shagun – Yukon Contractors Association at office@yukoncontractors.ca for information about the seminar
SECOND EVENT:
BID BONDING SEMINAR FOR YUKON FIRST NATIONS
This seminar will cover the basics of Bid Bonding. The objective is to provide Yukon First Nation contractors, development corporations, and other stakeholders with information about Bid Bonding with a specific focus on answering questions about Bid Bonding in the Yukon and what Yukon First Nation companies need to consider about Bid Bonding.
What You Can Expect to Learn at this Seminar
Suretyship has been a valuable tool dating back to 2750 BC and is used around the world to help secure the bid process and contract performance in the Construction Industry.
While Surety has been around for a long time, we are still seeing innovations and expansion of its utilization. Over the last few years, more public and private owners have begun utilizing bonding including a significant uptake in E-Bonds (that is Digitally Verifiable Bonds). A case in point is Bill 142 in Ontario which was put into place in late 2019 as part of prompt payment legislation and contained a requirement for any provincially funded projects over $500,000 to be bonded.
Be prepared to get ahead of your future bonding requirements by attending this seminar to ensure you have a good understanding of what the process entails. If you already have a bonding facility in place this seminar will ensure you have a better understanding of what the Surety looks at when making their decisions.
In this seminar, we will go over everything you’ll need when setting up your bond facility, how your broker fits into the process, and understand Surety’s underwriting appetite. We will also touch on the costs and benefits of maintaining a bonding facility along with the basic types of bonds. Click here for the bio of the seminar presenter Craig Spence CPA CMA.
Date: Wednesday June 18, 2025
Time: 11:00 a.m. – 12:00 p.m.
Location: Whitehorse Chamber of Commerce Board Room (downstairs) – 302 Steel Street
Other: Coffee and light snacks will be provided
RSVP: RSVP by 12:00 noon on Friday June 13, 2025 to guarantee your seat – SEATS ARE LIMITED
Contact: Shagun – Yukon Contractors Association at office@yukoncontractors.ca for information about the seminar
CCDC Documents