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RICS / IPTI CONFERENCEChallenges and Recent Developments in Valuation and Construction
PERSPECTIVES FROM THE PUBLIC AND PRIVATE SECTORS
2013
22nd - 23rd May 2013Hyatt Regency Trinidad
1 Wrightstown RoadPort-of-Spain, Trinidad
In partnership with the Ministry of Finance and the Economy
We would like to thank the following organizations for their support of the conference:
Gold Sponsors:
Silver Sponsors:
Bronze Sponsors:
Time Function Chair/Speakers
08:45 Registration
09:00 Opening Remarks Sanjay Amin
Paul Sanderson
09:30 Current Issues and Recent Trends in Property Tax and Valuations Paul Sanderson
10:00 Current Issues and Recent Trends in Construction
Cost, procurement and contracts
Mark Hodkinson
10:30 Networking Break
10:50 The Potential and Challenges of Property Taxation in Caribbean Ric Javed Ali
11:20 Current Trends in Commercial and industrial Real Estate-Caribbean
Perspective
Andrew MallalIeu
11:45 Our world, transformed - key factors shaping international and national
markets
Sean Tompkins
12:15 Lunch
Page 2
CONCURRENT AFTERNOON SESSIONS -DAY ONE
STREAM 1: VALUATION STREAM 2: CONSTRUCTION
1:15-2:45 pm Session 1: Maintaining Standards and Trends Moderator: Paul Sanderson
1:15-2:45 pm Session 2: Issues and Challenges in Construction Moderator: Henry Taylor
Strengthening valuation reporting and quality standard
Leveraging technology for valuation
Preparing valuations in challenging economic conditions
Planning and prioritizing capital development Panelists:
James Andrews
Eric Allen
Michael McGrath
Douglas Bennett
Bruce Greenberg
The pitfalls of building in the Caribbean
Avoiding claims for loss and expense on projects
The pros and cons of design and build form contracts
Cost and time overruns Panelists:
Dean Burrowes
Bongani Ndlovu
2:45-3:00 pm Networking Break
3:00-4:30 pm Session 3: Risks in the Valuation Process Moderator: John Glen
3:00-4:30 pm Session 4: Disputes and Litigation Moderator: Stephen Singh
Sales Analysis: Comparable selection in an uncertain market
Working with legislation and case law
How do we address risks in the valuation process? Panelists:
Ray Pierre
Craig Rowsell
Linden Scott
Lisa Taylor
Dispute resolution
Alternate Dispute Resolution: Arbitrations and mediations
Preparation for litigation Panelists:
Peter Morris
Stephen Singh
Donald Rodney
John Dowse
4:30-5:30 pm Reception, Valuer Registration Discussion, and David Neale Award
International Property Tax Institute
Challenges and Recent Developments in Valuation and Construction: Perspectives from the Public and Private Sectors Hyatt Regency Trinidad Hotel, Port-of-Spain, Trinidad
AGENDA ● May 22, 2013
Challenges and Recent Developments in Valuation and Construction: Perspectives from the Public and Private Sectors Hyatt Regency Trinidad Hotel, Port-of-Spain, Trinidad
AGENDA ● May 23, 2013
Time Function Chair/Speakers
08:45 Summary of Day 1 Proceedings
09:00 Strategies for Leveraging Value and Optimizing Assets Michael Blaschuk
09:30 Data Management: From Valuation to Improving Transparency Simon Watson
10:00 Networking Break
10:20 The Pros and Cons of Public Private Partnerships (PPP) Brian Hackett
11:00 The Benefits of Life Cycle Costing Ivan Hinkson
11:30 IPTI’s Quest for Best-Practice: Benchmarking and Beyond Jerry Grad
12:00 Lunch
Page 3
CONCURRENT AFTERNOON SESSIONS—DAY TWO
STREAM 1: VALUATION STREAM 2: CONSTRUCTION
1:15-2:45 pm Session 5: Valuation and Property Tax Moderator: Wayne Forde
1:15-2:45 pm Session 6: Current Practices in Construction Moderator: Liam Day
How to create and manage valuation teams
Importance of public and political education
Mass appraisal applications to non-residential properties Panelists:
Mervyn Thompson
Tex Turnquest
Paul Campbell
Bruce Greenberg
JCT vs FIDIC Forms of Contract: The pros and cons
BIM: Its applicability in the Caribbean market
New Rules of Measurement
The impact of sustainability of asset value and construction practices
Panelists:
Mithra Rampersad
Iain Kent
2:45-3:00 pm Networking Break 2:45-3:00 pm Networking Break
3:00-4:30 pm Session 7: The Caribbean Real Estate Market—A Banker’s View Moderator: Sanjay Amin
3:00-4:30 pm Session 8: Risks in Construction Process Moderator: Michael Blaschuk
Current trends in the Real Estate Market
Lender requirements
Options to deal with distressed assets
Capital Markets Panelists - Bank representatives:
CIBC
RBC
Republic Bank
Scotiabank
Philip Rahaman
Risks in the procurement process in the Caribbean
Health and Safety Standards
Contract Administration Panelists:
Allen Cochran
Aidan Gregoire
Ronald Gardner
Winsbert Felix
4:30 pm Summary and Closing Remarks 4:30 pm Summary and Closing Remarks
International Property Tax Institute
7:30 pm Delegate dinner and cultural presentation hosted by the Government of Trinidad and Tobago, Ministry of Finance, Economy, Valuation Division
Ric Javed Ali Assistant Commissioner of Valuation, Ministry of Finance of Trinidad and Tobago
Eric Allen Director and Commissioner of Land Valuations, National Land Agency
Sanjay Amin Director, BCQS International
Jim Andrews Managing Director, Integra Realty Resources
Douglas Bennett Director, Thomson Reuters Tax & Accounting, Government
Michael Blaschuk Director of Real Estate Operations, BC, Canada
Dean Burrowes Partner, Burrowes + Wallance Quantity Surveyors
Paul Campbell Director, MPAC, Centralized Properties, Office of the Chief Assessor, Canada
Allen Cochran CEO, Construction Cost Consultants
Liam Day Managing Director, BCQS International
John Dowse Owner, Cerno Consulting (UK), Cerno Services Ltd (Caribbean)
Winsbert Felix Winsbert Felix, Saint Lucia
Wayne Forde Commissioner of Land Tax, Government of Barbados
Ronald Gardner Owner, Ronald Gardner
Aidan Gregoire Director, ABGA Consultants, Ltd
John Glen President, JTG Real Estate Advisory Services, Canada
Jerry Grad CEO, International Property Tax Institute
Bruce Greenberg Director, Real Estate Valuation Services, Deloitte
Brian Hackett Advisor Leader/Partner, Trinidad PWC
Ivan Hinkson Certified Cost Consultant, Quantity Surveyor - Construction Controls Ltd
Mark Hodkinson Associate Director, BCQS
Iain Kent Regional Commercial Manager, Carillion (Caribbean) Ltd
Andrew Mallalieu Director and Principal, Terra Caribbean
Michael McGrath Head of Valuations, BCQS International
Peter Morris Managing Director, Project Management Group
Bongani Ndlovu Government of Bermuda
Raymond Pierre Director and Principal, RA Pierre
Philip Rahaman Chief Risk Officer, First Citizens Bank Limited
Mithra Rampersad Managing Director, Rivelin Consultants
Donald Rodney Director and Principal, Donald Rodney & Company
Craig Rowsell Executive Vice-President, NAS Valuation Inc.
Paul Sanderson President, International Property Tax Institute
Linden Scott Managing Director, Linden Scott and Associates Ltd
Stephen Singh Managing Partner, Johnson, Camacho & Singh
Henry Taylor Owner, Henry Taylor Associates Ltd
Lisa Taylor Partner, Advisory Services, KPMG
Mervyn Thompson ARICS
Sean Tompkins Chief Executive Officer, RICS
Tex Turnquest Vice President/Director, TR Associates Ltd
Simon Watson Founding Partner, Charterland Ltd
Workshop Speakers/Chairs
Challenges and Recent Developments in Valuation and Construc-tion: Perspectives from the Public and Private Sectors
Hyatt Regency Trinidad Hotel, Port-of-Spain, Trinidad
Challenges and Recent Developments in Valuation and Construction
May 22-23, 2013 ● Hyatt Regency Trinidad—Port-of-Spain, Trinidad
CONFERENCE AND HOTEL INFORMATION CONFERENCE FEES Includes materials, meet and greet reception, lunches and coffee breaks.
Regular Fee $375.00 US/pp Early bird $300.00 US/pp
RICS/IPTI Member Fee $325.00 US/pp Early bird $250.00 US/pp
1 Day attendee:
Regular Fee $215.00 US/pp Early bird $165.00 US/pp
RICS/IPTI Member Fee $185.00 US/pp Early bird $135.00 US/pp
Student rate with valid university ID for one-day attendance $50.00 US/pp (limited quantity)
For Early Bird fee payment must be made on or before April 19, 2013
Refund Policy: All cancellations must be made in writing. Cancellations received 15 days prior to the event will be charged a 25% administration fee. No refund for cancellations received after this dead-line. Substitutes welcome. HOTEL INFORMATION (Conference Venue) Hyatt Regency Trinidad
#1 Wrightson Road, Port-of-Spain
Trinidad
Contact the hotel directly and ask for the RICS rate by May 8 2013. Telephone: +1 868-623-2222 or at: https://resweb.passkey.com/Resweb.do?mode=welcome_ei_new&eventID=10433728&utm_source=62716&utm_medium=email&utm_campaign=21586047 REGISTRATION FORM Please use one form per registration.
Delegate Name on Badge: First Name Last Name Organization Name: Title: Email: Fax: City: Country: PAYMENT INFORMATION
I am an RICS/IPTI Member YES □ NO □ Submitted On-Line□
Registration Fee Submitted (per person) USD For complete information and to register for this event: http://ricsiptitrinidad.eventbrite.com/
For Sponsorship Opportunities for this event: http://trinidadsponsorships.eventbrite.com/
International Property Tax Institute
4950 Yonge Street, Suite 2308, Toronto, Ontario M2N 6K1
Room Type Rate
Single Occupancy (includes breakfast, internet and tax
US $155.00/night
Double Occupancy (includes breakfast, internet and tax
US $170.00/night