Construction Secrets

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

Your construction project looks successful on paper, but your margin tells a different story. Could you be making this common mistake? Click play to find out what’s costing you and how to fix it!

Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.

Don’t let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?

Click here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025

Click here to BOOST your profit margins up to 15%: quantumcs.co/YtO3SimpleChanges

Click here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptIn

Timestamps:

(4:07) - They are entitled to be paid for what you agreed in their contract and the work that they've done

(5:35) - They're entitled to be paid for the costs unless the contract says different

(5:57) - If they’re terminating you in the contract, you are entitled to get paid for demonstrated actual costs

(6:32) - You should be entitled to claims for the costs that you have incurred

(7:04) - Check your termination clauses, check your variation clauses in your contracts that you signed

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 June 2023.

Most people sign contracts without reading the fine print, but these will make you think twice. Don’t sign another one until you hear these 5 shocking truths—listen up to learn more!

Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.

Don’t let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?

Click here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025

Click here to BOOST your profit margins up to 15%: quantumcs.co/YtO3SimpleChanges

Click here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptIn

Timestamps:

(1:51) - The first thing is not having a reciprocal termination clause

(2:34) - You need to make sure you have what's called reciprocal termination so that you can terminate them for default

(4:13) - Having no cap on your liquidated damages means that if the delay is huge, those costs could just spiral and spiral and spiral and get bigger and bigger and bigger

(4:40) - Consequential damages are consequential loss, which is essentially a loss of profit

(4:48) - Liquidated damages is you compensating them for the costs of you being late

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 June 2023.

It’s not just about signing the deal—it’s about managing it effectively. Discover how smart contract administration turned one project around and why it’s vital for your success. Tune in now!

Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.

Don’t let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?

Click here to IMPROVE your contracts using the Quantum Contract System:quantumcs.co/Yt2025

Click here to BOOST your profit margins up to 15%:quantumcs.co/YtO3SimpleChanges

Click here to GAIN expert advice weekly for FREE:quantumcs.co/YTNewsOptIn

Timestamps:

(4:34) - Relationships are important. The industry has definitely changed in that they are less important

(7:03) - As you start off being contractual, they actually just think you're very, very professional

(8:10) - If they can save costs by doing something contractually to you to make sure that you don't get paid, they will do it

(8:28) - One very good tip is to submit notices if you've been delayed and managed to mitigate the risk away

(8:57) - There's a contracts game at play here, it's being played whether you want to play it or not. Learn how to play it

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 June 2023.

What if the software you’re using to simplify your contracts is actually costing you more? One construction company learned the hard way. Listen now to find out why and how to avoid the same mistake!

Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.

Don’t let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?

Click here to IMPROVE your contracts using the Quantum Contract System:quantumcs.co/Yt2025

Click here to BOOST your profit margins up to 15%: quantumcs.co/YtO3SimpleChanges

Click here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptIn

Timestamps:

(4:21) - People almost didn't use it because they didn't want to bother going through every single step and clicking it and opening it and go to the next step and the next one

(6:29) - A lot of the softwares are put together by IT people and the actual people that need to use the software on construction sites are supervisors and project managers

(8:31) - Think twice before you do invest because it's very expensive and it costs a lot of money

(8:49) - The system itself won't put money in your back pocket

(8:58) - Focus on making sure that you're getting your notices in, that you're doing all the contractual things that you should be doing

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 June 2023.

Liquidated damages: a contract term you can’t afford to overlook. Find out how they work and why they’re critical for project success – listen up!

Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.

Don’t let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?

Click here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025

Click here to BOOST your profit margins up to 15%:quantumcs.co/YtO3SimpleChanges

Click here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptIn

Timestamps:

(3:28) - Liquidated damages is to reimburse the client for the cost of the delay to the construction project itself

(4:38) - The key thing in consequential damages is your client, more often than not, is so big that his profit or his loss of profit could be the size of your company

(5:20) - What can go wrong is they can hit you with liquidated damages and then they can also take you to court as well

(5:35) - We want the liquidated damages clause to say that liquidated damages are the sole remedy for delay

(6:19) - The biggest thing is capping how big the liquidated damages can be

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 May 2023.

What happens when you see construction challenges from both sides? Understanding two perspectives can change how you work and succeed in the industry. Listen now to learn why it matters!

Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.

Don’t let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?

Click here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025

Click here to BOOST your profit margins up to 15%: quantumcs.co/YtO3SimpleChanges

Click here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptIn

Timestamps:

(1:45) - 33% materials, 33% people and 33% profit

(3:48) - You need to have your contractual docs in a row or you get steamrolled

(6:16) - The thing is, it's not black or white. It is on a continuum

(7:26) - When you bridge that gap of showing them that you're an actual business, that makes the difference

(8:05) - They're afraid to say their business because they don't want to look unprofessional

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 May 2023.

Subcontractors, beware: these actions could be damaging your site relationships. Discover what to stop doing and how to foster better partnerships. Tune in now!

Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.

Don’t let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?

Click here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025

Click here to BOOST your profit margins up to 15%: quantumcs.co/YtO3SimpleChanges

Click here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptIn

Timestamps:

(3:29) - Even though they're doing good work on-site, they weren't getting paid

(5:15) - There's a chain of command that needs to be followed

(5:38) - The mindset shift that you need to understand here is it's not how good a job that you do

(7:14) - Create a great relationship where you consistently try and make him look good in front of his bosses. And that is the key to success on your construction projects

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 May 2023.

Confused by construction payment levels? This episode breaks it all down so you know exactly how to get paid what you’re worth. Don’t miss it – listen now!

Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.

Don’t let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?

Click here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025

Click here to BOOST your profit margins up to 15%: quantumcs.co/YtO3SimpleChanges

Click here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptIn

Timestamps:

(5:14) - The worst case really is you win a tender, so you've had to cut your margin to win the tender or you've had to do something to perform the work cheaper than anybody else

(5:56) - You want to get the payments to lock in the costs of the materials

(6:09) - Try your best to negotiate that front payment

(6:38) - What is your offer that you can supply that will differentiate you from everybody else?

(7:26) - Stay away from that vicious cycle of tendering lower, lower, lower, lower, lower, lower, lower until you basically make no money on projects

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 May 2023.

Time is money – but are you using yours wisely? Find out how to make every minute count for your business success. Listen now for tips you can start using today!

Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.

Don’t let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?

Click here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025

Click here to BOOST your profit margins up to 15%: quantumcs.co/YtO3SimpleChanges

Click here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptIn

Timestamps:

(4:45) - You want to know what the risks are that is very important to you

(4:57) - If you were to pay someone that day rate, what would you want them to be doing for you?

(5:16) - Your time is extremely valuable to you and your business

(5:33) - You are more valuable to the company

(5:37) - Time is very important particularly for a lot of construction leaders

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 May 2023.

Imagine never waiting on client payments again! In this episode, we break down smart tactics to ensure clients pay up on time. Don’t miss out – tune in!

Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.

Don’t let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?

Click here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025

Click here to BOOST your profit margins up to 15%: quantumcs.co/YtO3SimpleChanges

Click here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptIn

Timestamps:

(2:48) - It's about the small things

(4:01) - You're due to be paid when you're due to be paid

(4:48) - Be on top of when you're not paid

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