November th, th Annual Caribbean Valuation and Construction Conference. A RICS/IPTI Conference
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1 I n co- o p e r a t i o n w i t h 4 th Annual Caribbean Valuation and Construction Conference Challenges and Recent Developments in Valuation and Construction Adaptat ion, Innovat ion and Best Practices A RICS/IPTI Conference Eligible for 14 hours CPD credits 2015 Platinum Sponsor: Silver Sponsors: November th, 2015 Hilton Rose Hall Resort & Spa Rose Hall Road Montego Bay, Jamaica
2 CHAIRS and SPEAKERS Eric Allen Sanjay Amin James Andrews Brent Augustus Tina Beale Michael Blaschuk Paul Campbell Richard Borst Martyn Bould, MBE Mark Brown Dean Burrowes Silburn Clarke Lloyd Davis Colin Doran Ben Elder Brian Gay John Glen Brian Guerin Shardon Haye Larry Hummel Johann Jalta James Kavanagh Clint Kissoon Winston Lawson Renea Linton Cliff Lipscomb Uche Obi Lorella Patterson Hon. Robert Pickersgill, M.P. Elliott Pollack Guy Roots, QC Paul Sanderson Sherona Simpson Scott Smith Elizabeth Stair Bruce Turner Timothy Thwaites Woodrow Whiteley Ruel Williamson Director and Commissioner of Land Valuations, National Land Agency, Jamaica Chairman, Royal Institution of Chartered Surveyors, Caribbean, Member RICS Governing Council, Director, BCQS International, Barbados Managing Director, Integra Realty Resources, Cayman Islands Partner, Brent Augustus & Co., Trinidad and Tobago University of Technology, Jamaica Director, Strategic Initiatives, IPTI, Canada Director, Centralized Properties, MPAC, Canada Senior Scientist, Tyler Technologies, USA Caribbean Chairman, Rider Levett Bucknell, Cayman Islands BCQS International, British Virgin Islands Burrowes & Wallace, Jamaica Spatial Vision, Jamaica Partner, Allison Pitter & Co. Chartered Valuation Surveyors, Jamaica Senior Director, Cost Consulting Project Management, Altus Group, Canada Global Director, RICS, UK Appraiser, BC Assessment, Canada Equitable Value Inc., Canada Director, Assessment Standards, MPAC, Canada Projects Officer, Jamaica Defence Force, Jamaica Consultant, Canada Cabinet, JALTA, Martinique Director, Land Group, RICS, Jamaica Academic Chair, George Brown College Assistant General Manager, National Commercial Bank, Jamaica Director, Property Tax, Marriott International, USA Director, Economic Research, Greenfield Advisors Senior Valuer/Business Development Manager, Caribbean, DDL Studio, Grand Cayman RICS Americas, Canada Minister of Water, Land, Environment and Climate Change, Jamaica Partner, Pullman & Comley, LLC, USA Francis Taylor Chambers, London, UK President, International Property Tax Institute, UK Lecturer, University of Technology, Jamaica CBRE, US Chief Executive Officer, National Land Agency, Jamaica Heuristic Consulting, Canada Commissioned Land Surveyor, Thwaites Surveying Ltd. President & CEO, Woodrow Whiteley & Associates, Jamaica Chief Operating Officer, IPTI, USA
3 AGENDA Day 1 Morning Session Wednesday, November 18 th, 2015 Conference Chair: Paul Sanderson, IPTI Time Function Chair/Speakers 8:00 Registration 9:00 Opening Ceremonies and Cultural Presentation Keynote Speaker Welcome and Opening Remarks 9:45 The National Land Agency: How the merger of four land related departments improved land governance in Jamaica 10:15 Networking Break 10:35 Local Application of International Standards in Valuation Ben Elder 11:05 Current Issues, Challenges and Recent Trends in Construction Cost, Procurement and Contracts 11:35 Recent Developments in Compulsory Purchase Caribbean Experience 12:05 Facilities Condition Assessments: A New Role for the Costing Expert 12:30-1:30 LUNCH Hon. Robert Pickersgill, M.P. Sanjay Amin Paul Sanderson Elizabeth Stair Martyn Bould Guy Roots, QC Michael Blaschuk Concurrent Afternoon Sessions Day 1 VALUATION STREAM SESSION A-Chair: Bruce Turner 1:30 to 3:00 pm Monitoring Standards and Quality Comparison of Various Valuation Standards James Andrews The Role and Importance of Professional Standards Brian Gay A Systematic Approach for Identifying Suspect Data in Automated Valuation Models Cliff Lipscomb 3:00 Networking Break SESSION C-Chair: Lloyd Davis 3:20 to 4:50 pm Statutory and Unique Valuations The emergence of Tiny and Small Homes as a New and Growing Housing Segment: Definitions, Cultural Changes and Economics Driving their Growth, Challenges to their Development, Construction Techniques and Valuation Challenges Richard Borst Valuation of Special Use Properties Larry Hummel Hospitality, Healthcare and Retirement Homes Elliott Pollack 4:50 Summary Reports from Sessions A,B,C,D CONSTRUCTION STREAM SESSION B-Chair: Owen Grant 1:30 to 3:00 pm Sustainable Development BIM at the Heart of Complex Projects Clint Kissoon BIM An Insight into Developments at RICS, James Kavanagh Sustainable Development in Emerging Economies Sherona Simpson SESSION D-Chair: Silburn Clarke 3:20 to 4:50 pm Land Surveyors Challenges Geomatix-Spatial Innovation Silburn Clarke Cadastral Mapping RICS Measured Surveys 3 rd Guidance 2014-How a Strong Specification is at the Heart of all Land Surveys James Kavanagh 5:15-6:15 Networking Reception
4 AGENDA Day 2 Morning Session Thursday, November 19 th, 2015 Time Function Chair/Speakers 9:00 Adaptation of French and Other European Construction Rules in Johann Jalta the Caribbean 9:30 Sharing Best Practice in Property Tax Valuation Paul Sanderson 10:00 Risk Assurance in Construction The Importance of Project Monitoring Mark Brown 10:30 Networking Break 10:50 Application of Automated Valuation Models (AVM) in Private and Public Sectors Is It Feasible? Paul Campbell and Brian Guerin 11:20 Procurement and P3 UWI Student Housing and Highway 2000 Projects Dean Burrowes 11:50 The Jamaican Perspective on Property Tax Compliance Tina Beale 12:20 LUNCH Concurrent Afternoon Sessions VALUATION STREAM SESSION E Chair: Eric Allen 1:20-2:50 pm Valuation of Leisure and Special Properties Hospitality and Resort Trends Scott Smith Hotel Valuation Issues Renea Linton Importance of Sales Verification for Non-Residential Properties John Glen 2:50 3:10 Networking Break SESSION G-Chair: Uche Obi Real Estate Markets 3:10-4:40 pm Caribbean Real Estate Market: Present and Future Trends Sanjay Amin, Eric Allen, Brent Augustus Sales and Rental Indexes Ruel Williamson 4:40 Sessions E,F,G,H Reports & Conference Wrap-up CONSTRUCTION STREAM SESSION F Chair: Sanjay Amin 1:20-2:50 pm Managing Risk and Best Practice Risks in Construction and Valuation A Banker s Perspective Winston Lawson Project Loan Monitoring Guidance and Risk in Lending What Constitutes Best Practice in Project Controls Colin Doran SESSION H Chair: Lorella Paterson Future of the Profession 3:10-4:40 pm How to Attract Young Professionals: Training Requirements in the Construction Industry Shardon Haye Implementing Public Procurement in Jamaica Woodrow Whiteley Need to Promote the Profession to Young People Including Women Lorella Paterson 5:00 Conference Concludes
5 HOTEL INFORMATION: Hilton Rose Hall Resort & Spa Rose Hill Road Montego Bay, Jamaica T Group Name: ZZACV Single Room Rate: $219/pp Double Room Rate: $265/pp Includes breakfast, lunch, dinner Please book your accommodations directly with the hotel at the following link: REGISTRATION FEES and INFORMATION: (All fees payable in US$) Includes conference material, coffee breaks, lunches, networking reception Type Fee RICS/IPTI Members $ Non-Members $ RICS/IPTI Members 1 Day Only $ Non Members 1 Day Only $ Students with Valid University ID November 18 only $ Students with Valid University ID November 19 only $ Speaker Registration Only $ Group discount available. Contact chaynes@rics.org for more information. TO REGISTER FOR THE CONFERENCE PLEASE VISIT: First Name: Organization: Country : Last Name: Title:
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