October 16, 2025 @ 9:30 am - 10:30 am
Timing
9:30 – 10:30 AM (Central)
Location
ZOOM
The Ethics of Money: Bidding/Scope, Payment Requests and Change Orders
Money often “bends” or deflects normal ethical boundaries due to its personal and professional importance. This situation is exacerbated by the fact our industry is a very competitive, low margin industry. This presentation takes a look at some of the problem areas involving money in our industry in the context of our industry’s core values. Examples from industry are given to demonstrate how the problems often manifest themselves on a project in three main areas; Bidding/Scope, Payment Requests, and Change Orders. Possible strategies are discussed on how one might account or mitigate risk in these three areas.
About the Speaker:
Prof. Wentz graduated from the University of Nebraska with a Bachelor of Science degree in Mechanical Engineering and a Master’s degree in Business Administration. He is a registered professional engineer in Nebraska. Additionally, he holds both Master Heating Contractor and Master Plumbing Contractor licenses, is a LEED® – Accredited Professional (AP-BD&C)) and holds an ASHRAE certification as a High-performance Building Design Professional (HBDP).
Upon graduation from the University of Nebraska – Lincoln, Tim went to work for his family’s mechanical contracting firm where he developed an expertise in design/build contracting, estimating and project management on a wide range of commercial projects across the Midwest. Since entering academia in 1994, Prof. Wentz has received numerous awards and honors for his teaching and service to the HVAC industry. In 2000, ASHRAE awarded Tim the E. K. Campbell Award of Merit for outstanding service and achievement in teaching. The Mechanical Contractors Association of America (MCAA) has named Tim their national “Educator of the Year” award on three occasions, 2000, 2002 and 2004. In March of 2009, the MCAA awarded Tim its highest honor, the Distinguished Service Award and in 2015 ASHRAE awarded Tim the Exceptional Service Award. In recognition of his service to industry, in 2018 the College of Engineering at the University of Nebraska awarded Tim its inaugural Lifetime Achievement Award.
Program hosted by MCAA Affiliate Alliance
RSVP by October 2nd
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Registration is now closed for this event. Please contact Ali at 402.592.3330 for additional information.