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Bidding and Contracting for Services: A Primer for Condominium Association Leaders, Online Training Format

SKU: 347
$9.50

*Includes Applicable 2016 Legislative Updates

Bidding and Contracting for Services: A Primer for Condominium Association LeadersThe law confers broad authority to condominium associations to manage the communities they serve, including the power to enter into contracts for products and services, supervise the maintenance of the property, and collect assessments to fund projects. As fiduciaries of the association and the unit owners they represent, board members must spend money wisely and adhere to all statutes and bylaws scrupulously. And in no aspect of their duties will their judgment be more subject to scrutiny and challenge than in contracting and bidding for services. This course provides comprehensive explanations of the State of Florida’s statutory regulations of board members’ bidding and contracting practices. Learners are given the knowledge they need to fulfill their managerial duties in full compliance with the laws and bylaws to which they are subject. Additionally, the course empowers board members to make prudent decisions that improve the value of the property whose condition they supervise (Discounts are available for Condominium Boards or Property Management Companies by calling us at 1-800-521-9667).

TARGET AUDIENCE
Directors, Officers, and board members of condominium associations

TIME TO COMPLETE:
60 minutes

PURPOSE:
To instruct Directors, Officers, and board members of condominium associations in how to fulfill their fiduciary duties to the association when contracting for professional and maintenance services.

LEARNING OBJECTIVES
After completing this course, the learner will be able to:

  • interpret and implement the statutory guidelines covering bidding and contracting that association leaders must adhere to;
  • choose reputable, competent contractors for major projects on condominium property;
  • interpret and implement statutory guidelines for hiring attorneys and accountants that association leaders must adhere to;
  • purchase appropriate insurance policies that meet statutory requirements and those of the condominium’s governing documents; and
  • make informed decisions when hiring property managers and maintenance workers.



If you're not completely satisfied with the quality of our courses, we will refund your money - guaranteed. Click here for detailsTOPICS COVERED

  1. Statutory Guidelines Covering Board Members’ Responsibilities Regarding Bidding and Contracting for Services
  2. Avoiding Conflicts of Interest between Board Members and Contractors
  3. Entering into Contracts during a State of Emergency
  4. Criteria for Choosing Contractors
  5. Verifying Contractors’ Licensures and Qualifications
  6. Entering into Properly Written Contracts
  7. Hiring the Right Professionals: Attorneys, Accountants, Insurance Agents
  8. Contracting for Maintenance Services



FLORIDA REGULATORY COUNCIL OF COMMUNITY ASSOCIATION MANAGERS
This course (approval number: 9626051) has been approved for 1.00 hour of continuing education credit in the areas of IFM or ELECTIVES (DISTANCE) by the Regulatory Council of Community Association Managers of the Florida Department of Business and Professional Regulation. For more information about continuing education for Community Association Managers, visit the Council's homepage at www.myfloridalicense.com/dbpr/pro/cam/index.html


Bidding and Contracting for Services: A Primer for Condominium Association Leaders

Table of Contents

  • Chapter 1: Instructions
    • THE HUMAN EQUATION, INC. - TERMS OF USE
      • Page 1, 2
  • Course Objectives
  • Chapter 2: Introduction
    • Page 3
    • Corporate Structure of Associations
      • Page 4
    • Fiduciary Duty
      • Page 5
    • The Importance of Bidding and Contracting
      • Page 6
  • Chapter 3: What the Law Says
    • Page 7
    • Condominium Association Contracts for Services
      • Page 8
    • Association Contracts
      • Page 9
    • Requirements for Contracts for Services
      • Page 10, 11, 12
    • Enforcing Contracts
      • Page 13
    • Exceptions for Leases
      • Page 14
    • Cancelling Contracts for Services
      • Page 15
    • Possible Conflicts of Interest
      • Page 16, 17, 18
    • Opting Out of Statutory Requirements
      • Page 19, 20
    • Emergency Powers
      • Page 21
    • State of Emergency
      • Page 22
    • Emergency Powers
      • Page 23
    • Time Limitations on Emergency Powers
      • Page 24
    • An Association’s Right of Access
      • Page 25
    • An Association’s Right of Access
      • Page 26, 27, 28, 29, 30
  • Chapter 4: Choosing a Contractor
    • Page 31
    • Hiring a Professional Consultant
      • Page 32
    • Tips for Choosing Contractors
      • Page 33, 34
    • Check a Contractor’s History in the Community
      • Page 35
    • Hire Only Licensed Professionals
      • Page 36
    • Make Sure the Contractor Obtains Required Permits
      • Page 37
    • Check Subcontractors’ Licenses and Qualifications
      • Page 38
    • Verify Insurance Coverage
      • Page 39
    • Seek a Contractor with Surety Bonding
      • Page 40
    • Check References
      • Page 41, 42
    • Interview Finalists
      • Page 43
    • Entering into a Properly Written Contract
      • Page 44, 45
    • Getting a "Right to Cancel" Provision
      • Page 46
    • Make Sure the Work Has Been Completed Satisfactorily
      • Page 47
    • Set Appropriate Payment Terms
      • Page 48
    • Making Final Payment
      • Page 49, 50, 51, 52
  • Chapter 5: Hiring Professionals
    • Page 53
    • Issues Condominium Associations Must Handle
      • Page 54
    • Legal Issues Handled by Association Attorneys
      • Page 55
    • Criteria for Hiring an Attorney
      • Page 56
    • Attorney’s Fees
      • Page 57, 58
    • Hiring Accountants
      • Page 59
    • Required Financial Reports
      • Page 60
    • The Need for a Certified Public Accountant (CPA)
      • Page 61
    • Ordinary Accounting Services
      • Page 62
    • Special Accounting Services
      • Page 63
    • An Accountant’s Role in Reserve Studies
      • Page 64
    • Reserve Study: Physical Analysis of Common Components
      • Page 65
    • Reserve Study: Financial Analysis
      • Page 66
    • The Importance of a Thorough Reserve Study
      • Page 67
    • Guidelines for Choosing Financial Professionals
      • Page 68, 69
    • Acquiring Insurance for the Association
      • Page 70
    • Hiring Insurance Professionals
      • Page 71
    • Verifying the Financial Solvency of Insurers
      • Page 72
    • Hiring Insurance Professionals
      • Page 73
    • Hiring Insurance Professionals
      • Page 74
    • Insurance Requirements
      • Page 75
    • Recommended Coverage: Directors and Officers Liability Insurance
      • Page 76
    • Directors and Officers Liability Insurance
      • Page 77
    • Recommended Coverages
      • Page 78, 79
    • Contracting for Maintenance Services
      • Page 80
    • Types of Maintenance Work
      • Page 81
    • Community Association Managers
      • Page 82, 83, 84, 85, 86, 87, 88, 89, 90
    • Hiring Maintenance Contractors
      • Page 91, 92
  • Chapter 6: Conclusion
    • Page 93
  • Chapter 7: Time to Review
    • Page 94

Student Benefits

Students and employees who take the Bidding and Contracting for Services: A Primer for Condominium Association Leaders course will enjoy:

 Course FeaturesIncludedComments
 
HRCI Recertification Credits
 
0.00 HRCI Recertification Credit(s).
 
SHRM PDC Credits
 
0.00 SHRM PDC Credit(s).
 
CAM Credits
 
1.00 CAM Credit(s).
 
Florida Bar CLE Recertification Credits
 
0.00 Florida Bar CLE Recertification Credit(s).
 
Florida Bar CLE Ethics Recertification Credits
 
0.00 Florida Bar CLE Ethics Recertification Credit(s).
 
State Bar of Georgia CLE Recertification Credits
 
0.00 State Bar of Georgia CLE Recertification Credit(s).
 
State Bar of Georgia CLE Ethics Recertification credits
 
0.00 State Bar of Georgia CLE Ethics Recertification credit(s).
 
FL CE 2-20 Credits
 
0.00 FL CE 2-20 Credit(s).
 
Unlimited 1 Year Access
 
The Human Equation's courses may be accessed and reviewed as many times as you wish even after completion.
 
90 Days Money Back Guarantee
 
The course must not be completed.
 
Friendly and Knowledgeable Customer Service
 
M-F from 8:00am to 4:30pm.
 
Table of Contents
 
Allows you to jump directly to slides and chapters that you have already viewed.
 
Pictures/Illustrations
 
56 pictures/illustrations.
 
Interactive Learning Activities
 
15 interactive learning activities.
 
Audio Narration
 
0 audio narrations.
 
Supporting Documents
 
1 supporting documents.
 
Case laws
 
1 case laws.
 
Definitions
 
3 definitions.
 
Questions and Answers
 
8 questions and answers.
 
Video Clips
 
0 video clips.
 
Practice Quiz
 
0 practice true or false questions and 0 practice multiple choice questions.
 
Scored Exam
 
0 exam true or false questions and 0 exam multiple choice questions.
 
Printable Certificate
 
The certificate contains your name, completion date, and the certification organization's ID which you will need to claim your credit(s).
 
Customizable Settings
 
Adjustable font sizes and sounds.
 
Automatic Bookmarking
 
Simply close the course when you are done and it will reopen on the last visited page on your next session.
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Training Manager Benefits

Managers and supervisors who purchase The Human Equation's courses to train their employees will enjoy:

 Learning Management System FeaturesIncludedComments
 
Convenient User Creation and Management
 
Hierarchy-tree based management
 
Reporting
 
Downloadable spreadsheets.
 
Course Scheduling
 
Customizable start dates and due dates.
 
Automated Email Reminders
 
Due date reminders.
 
Convenient Course Assignments
 
Single or multiple user course assignments.
 
Customized Learning Environment
 
The Human Equation's Learning Management System is customizable to match your organization's look and feel.
 
Enterprise Discounts
 
Significant wholesale discounts available for enterprises.