This episode is a re-run. It was originally published in January 2023.

The back end of the contract (excuse the pun) is when squeaky bum time kicks in. Listen in as we dive deeper into this critical phase.

Our “Quantum Contract Advantage System” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk.

We have done over 6,000 contract reviews and helped over 300 Construction Contractors, Subcontractors, and Suppliers across the USA, Australia, Canada, New Zealand, UK & Ireland manage over $20 billion worth of contracts.

Want to IMPROVE your contract terms for FREE? Go here: https://hubs.ly/Q02Q4r6W0

Want to BOOST your profit margins up to 15%? Go here: https://quantumcs.co/YtO3SimpleChanges

Want us to MANAGE your contracts for you? Go here: https://quantumcs.co/YtOCal3SimpleChanges

Timestamps:

(1:33) - Squeaky Bum time, the most important part of a foodball game

(2:52) - The best way to tackle a problem is to flip it around

(5:54) - Properly negotiate the terms and conditions of your contract

(6:20) - Submit your variations and change orders all the way through

(7:08) - You don't even get into a dispute

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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Transform conflicts into chances for growth! Tune in for expert advice on managing disputes and ensuring project profitability. Click play and grow your success!

Our “Quantum Contract Advantage System” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk.

We have done over 6,000 contract reviews and helped over 300 Construction Contractors, Subcontractors, and Suppliers across the USA, Australia, Canada, New Zealand, UK & Ireland manage over $20 billion worth of contracts.

Want to IMPROVE your contract terms for FREE? Go here: https://hubs.ly/Q02Q4r6W0

Want to BOOST your profit margins up to 15%? Go here: https://quantumcs.co/YtO3SimpleChanges

Want us to MANAGE your contracts for you? Go here: https://quantumcs.co/YtOCal3SimpleChanges

Timestamps:

(1:45) - The real problem when it comes to contract management is there's so much misinformation out there

(2:55) - Too often, the default next step is straight to court or arbitration, which can be prohibitively expensive

(3:54) - Before signing any contract, review the dispute resolution clause, make sure there's an escalation process in place

(5:51) - Inform your client that delays in approval are hurting your cash flow and your ability to commit to future changes

(6:57) - Get in front of the decision-makers, present your case clearly, and be willing to compromise

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.

Follow our Socials and let's get connected! ⤵️

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This episode is a re-run. It was originally published in January 2023.

Pushed to start a variation without finalizing costs? Tune in for essential advice on how to handle this situation.

Our “Quantum Contract Advantage System” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk.

We have done over 6,000 contract reviews and helped over 300 Construction Contractors, Subcontractors, and Suppliers across the USA, Australia, Canada, New Zealand, UK & Ireland manage over $20 billion worth of contracts.

Want to IMPROVE your contract terms for FREE? Go here: https://hubs.ly/Q02Q4r6W0

Want to BOOST your profit margins up to 15%? Go here: https://quantumcs.co/YtO3SimpleChanges

Want us to MANAGE your contracts for you? Go here: https://quantumcs.co/YtOCal3SimpleChanges

Timestamps:

(1:44) - 26% of all insolvencies come from the construction industry

(5:48) - Before signing a contract, check the variation clause

(6:23) - You mustn't proceed with a variation until a variation is approved

(7:26) - Make sure your whole team knows that you don't start work without a signed variation

(8:18) - This is my opinion on what you could do

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.

Follow our Socials and let's get connected! ⤵️

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Struggling with cash flow? Learn 6 expert tips to maintain financial stability in your construction projects. Press play and master your cash flow now!

For more videos, subscribe to our YouTube channel using this link: https://quantumcs.co/CSYouTube

Our “Quantum Contract Advantage System” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk.

We have done over 6,000 contract reviews and helped over 300 Construction Contractors, Subcontractors, and Suppliers across the USA, Australia, Canada, New Zealand, UK & Ireland manage over $20 billion worth of contracts.

Want to IMPROVE your contract terms for FREE? Go here: https://hubs.ly/Q02Q4r6W0

Want to BOOST your profit margins up to 15%? Go here: https://quantumcs.co/YtO3SimpleChanges

Want us to MANAGE your contracts for you? Go here: https://quantumcs.co/YtOCal3SimpleChanges

Timestamps:

(1:24) - What most companies do is they get work from any client, but the problem is the client themselves are struggling for work themselves

(2:29) - The real key here is to ensure you negotiate hard on the moneymaker clauses in the contract

(3:29) - Be the contractor that they can depend on and not just meet expectations, but exceed expectations

(4:47) - Keep the dialogue frequent and focused and ensure that all decision makers are engaged moving forward until we get the agreement finalized

(5:24) - It's not just about winning bids, it's about making long term profitable relationships, project after project

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.

Follow our Socials and let's get connected! ⤵️

⁠⁠⁠⁠Facebook⁠⁠⁠⁠ | ⁠⁠⁠⁠LinkedIn⁠⁠⁠⁠ | ⁠⁠⁠⁠YouTube⁠⁠⁠⁠ | ⁠⁠⁠⁠Instagram⁠⁠⁠⁠ | ⁠⁠⁠⁠TikTok⁠⁠⁠⁠ | ⁠⁠⁠⁠Twitter

This episode is a re-run. It was originally published in January 2023.

Our “Quantum Contract Advantage System” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk.

We have done over 6,000 contract reviews and helped over 300 Construction Contractors, Subcontractors, and Suppliers across the USA, Australia, Canada, New Zealand, UK & Ireland manage over $20 billion worth of contracts.

Want to IMPROVE your contract terms for FREE? Go here: https://hubs.ly/Q02Q4r6W0

Want to BOOST your profit margins up to 15%? Go here: https://quantumcs.co/YtO3SimpleChanges

Want us to MANAGE your contracts for you? Go here: https://quantumcs.co/YtOCal3SimpleChanges

Timestamps:

(1:33) - You need to deliver contractually, that's where the money is

(4:07) - If you wanted to reduce your risk, as much as possible submit a notice of delay

(5:20) - You'll make so much more money if you submit your notices

(7:47) - Make it look like a memo, not a letter

(8:01) - You're covering your risks because you're getting your notices in

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.

Follow our Socials and let's get connected! ⤵️

⁠⁠⁠⁠Facebook⁠⁠⁠⁠ | ⁠⁠⁠⁠LinkedIn⁠⁠⁠⁠ | ⁠⁠⁠⁠YouTube⁠⁠⁠⁠ | ⁠⁠⁠⁠Instagram⁠⁠⁠⁠ | ⁠⁠⁠⁠TikTok⁠⁠⁠⁠ | ⁠⁠⁠⁠Twitter

Take control of your construction contracts! We share essential tips to manage contracts, cut risks, and maximize profits. Click to listen and master contract management!

Our “Quantum Contract Advantage System” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk.

We have done over 6,000 contract reviews and helped over 300 Construction Contractors, Subcontractors, and Suppliers across the USA, Australia, Canada, New Zealand, UK & Ireland manage over $20 billion worth of contracts.

Want to IMPROVE your contract terms for FREE? Go here: https://hubs.ly/Q02Q4r6W0

Want to BOOST your profit margins up to 15%? Go here: https://quantumcs.co/YtO3SimpleChanges

Want us to MANAGE your contracts for you? Go here: https://quantumcs.co/YtOCal3SimpleChanges

Timestamps:

(2:55) - Contract management is not just a necessity, but a game changer in a construction industry

(3:02) - Three critical things that Illustrate the transformative power for being proactive with your contracts

(3:59) - The terms you agree to today will dictate your business reality in the future

(5:00) - Professional respect is earned through smart contracting

(6:36) - Effective contract management is about more than avoiding problems

(7:16) - Knowing the contracts inside and out, you become a reliable and trusted partner on every project

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.

Follow our Socials and let's get connected! ⤵️

⁠⁠⁠⁠Facebook⁠⁠⁠⁠ | ⁠⁠⁠⁠LinkedIn⁠⁠⁠⁠ | ⁠⁠⁠⁠YouTube⁠⁠⁠⁠ | ⁠⁠⁠⁠Instagram⁠⁠⁠⁠ | ⁠⁠⁠⁠TikTok⁠⁠⁠⁠ | ⁠⁠⁠⁠Twitter

This episode is a re-run. It was originally published in December 2022.

Project managers, take note! We're diving into top tips that can transform your construction management skills. Tune in to learn more!

Our “Quantum Contract Advantage System” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk.

We have done over 6,000 contract reviews and helped over 300 Construction Contractors, Subcontractors, and Suppliers across the USA, Australia, Canada, New Zealand, UK & Ireland manage over $20 billion worth of contracts.

Want to IMPROVE your contract terms for FREE? Go here: https://hubs.ly/Q02Q4r6W0

Want to BOOST your profit margins up to 15%? Go here: https://quantumcs.co/YtO3SimpleChanges

Want us to MANAGE your contracts for you? Go here: https://quantumcs.co/YtOCal3SimpleChanges

Timestamps:

(2:25) - Novice construction companies will always really focus on doing an amazing job

(3:55) - If you only focus on construction, you forget about the money side of things

(4:29) - You need to be the type of person that can deliver onsite, deliver everything from a construction point of view, but also deliver contractually and commercially

(6:38) - The people that can bring in the money is who gets promoted

(7:28) - If you want to move up in the construction industry, you got to get good at the contract things, because that's what brings the money in the door

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.

Follow our Socials and let's get connected! ⤵️

⁠⁠⁠⁠Facebook⁠⁠⁠⁠ | ⁠⁠⁠⁠LinkedIn⁠⁠⁠⁠ | ⁠⁠⁠⁠YouTube⁠⁠⁠⁠ | ⁠⁠⁠⁠Instagram⁠⁠⁠⁠ | ⁠⁠⁠⁠TikTok⁠⁠⁠⁠ | ⁠⁠⁠⁠Twitter

Say goodbye to financial instability! Tune in to learn the essential tips for a healthier bottom line. Don’t miss out — hit play!

Our “Quantum Contract Advantage System” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk.

We have done over 6,000 contract reviews and helped over 300 Construction Contractors, Subcontractors, and Suppliers across the USA, Australia, Canada, New Zealand, UK & Ireland manage over $20 billion worth of contracts.

Want to IMPROVE your contract terms for FREE? Go here: https://hubs.ly/Q02Q4r6W0

Want to BOOST your profit margins up to 15%? Go here: https://quantumcs.co/YtO3SimpleChanges

Want us to MANAGE your contracts for you? Go here: https://quantumcs.co/YtOCal3SimpleChanges

Timestamps:

(3:43) - What machinery and systems are you making money on right now? How can you boost their efficiency?

(4:39) - Real growth happens when you do step back off the tools and start leading

(5:20) - Leaders need to work on the non-urgent, but really important stuff

(6:44) - Stepping back from the day-to-day task isn't just about delegation, it's about proper handover period with systems and training

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.

Follow our Socials and let's get connected! ⤵️

⁠⁠⁠⁠Facebook⁠⁠⁠⁠ | ⁠⁠⁠⁠LinkedIn⁠⁠⁠⁠ | ⁠⁠⁠⁠YouTube⁠⁠⁠⁠ | ⁠⁠⁠⁠Instagram⁠⁠⁠⁠ | ⁠⁠⁠⁠TikTok⁠⁠⁠⁠ | ⁠⁠⁠⁠Twitter

This episode is a re-run. It was originally published in December 2022.

Make your cash work for you in construction! Find out why managing cash flow is key to business success and how to do it right. Dive into our podcast!

Our “Quantum Contract Advantage System” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk.

We have done over 6,000 contract reviews and helped over 300 Construction Contractors, Subcontractors, and Suppliers across the USA, Australia, Canada, New Zealand, UK & Ireland manage over $20 billion worth of contracts.

Want to IMPROVE your contract terms for FREE? Go here: https://hubs.ly/Q02Q4r6W0

Want to BOOST your profit margins up to 15%? Go here: https://quantumcs.co/YtO3SimpleChanges

Want us to MANAGE your contracts for you? Go here: https://quantumcs.co/YtOCal3SimpleChanges

Timestamps:

(1:40) - Why is cashflow such an issue?

(3:29) - The end of month is something you need to be careful of

(5:17) - If you've been asked to do additional work and if you don't notify them, you're not going to get paid for it

(7:02) - Instead of security of having a retainer, a retention, you can go bank guarantee or surety bond

(8:30) - From a contracts management point of view, we are preparing ourselves contractually for that last quarter

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.

Follow our Socials and let's get connected! ⤵️

⁠⁠⁠⁠Facebook⁠⁠⁠⁠ | ⁠⁠⁠⁠LinkedIn⁠⁠⁠⁠ | ⁠⁠⁠⁠YouTube⁠⁠⁠⁠ | ⁠⁠⁠⁠Instagram⁠⁠⁠⁠ | ⁠⁠⁠⁠TikTok⁠⁠⁠⁠ | ⁠⁠⁠⁠Twitter

Unlock the power of smart contracting with insights from a billion-dollar construction company! Tune in for the inside scoop and start applying these strategies to your business today.

Our “Quantum Contract Advantage System” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk.

We have done over 6,000 contract reviews and helped over 300 Construction Contractors, Subcontractors, and Suppliers across the USA, Australia, Canada, New Zealand, UK & Ireland manage over $20 billion worth of contracts.

Want to IMPROVE your contract terms for FREE? Go here: https://hubs.ly/Q02Q4r6W0

Want to BOOST your profit margins up to 15%? Go here: https://quantumcs.co/YtO3SimpleChanges

Want us to MANAGE your contracts for you? Go here: https://quantumcs.co/YtOCal3SimpleChanges

Timestamps:

(2:19) - How to win bids, not by being the cheapest, but by being the smartest

(4:18) - Smart contract negotiation isn't a tactic, but your first line of defense against uncertainty and scrutiny

(6:01) - The strategy was bid low enough to win the project, win the job, but have favorable terms set up for changes and delays

(7:21) - The margin really is in the post-award phase

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.

Follow our Socials and let's get connected! ⤵️

⁠⁠⁠⁠Facebook⁠⁠⁠⁠ | ⁠⁠⁠⁠LinkedIn⁠⁠⁠⁠ | ⁠⁠⁠⁠YouTube⁠⁠⁠⁠ | ⁠⁠⁠⁠Instagram⁠⁠⁠⁠ | ⁠⁠⁠⁠TikTok⁠⁠⁠⁠ | ⁠⁠⁠⁠Twitter