Construction Secrets

Avoid This Costly Contract Clause: Save Your Construction Business | Ep. 333


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One clause could spell disaster for your construction business. Join us as we reveal how to spot and avoid this hidden risk before it costs you big. Tune in!


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Timestamps:

(1:31) - What is this crucial clause in your contract that could make or break your business?

(2:15) - An unexpected claim for loss of profits can wipe out your gains completely

(3:15) - 65% of construction companies have faced unexpected claims for consequential damages, with the average claim amounting to over $500,000

(4:00) - Consequential damages can lead to claims that far exceed the value of the original contract


DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.


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Construction SecretsBy Cian Brennan

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