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Discover in this episode the winning approach in Construction Disputes.😎 Here's Part 2 with Seth Tandett in the Concrete Logic Podcast.
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(2:48) - Once you understand how to interpret that contract honestly, most of the risk and understanding the risks that you're taking on goes away and you understand how to make more money in post-award
(3:17) - We win projects at a loss knowing that we have the contractual experience in the post-award phase on change orders to get our margin back and to make money
(8:52) - The key learning from the disputes is it's pretty simple. It's a race to see who loses the least amount of money
(9:44) - The key to a construction dispute and I know this sounds a bit painfully obvious, is to not get into a construction dispute
(12:28) - It's a lot easier when you're trying to work with everybody versus fight
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
By Raine Gerber5
77 ratings
Discover in this episode the winning approach in Construction Disputes.😎 Here's Part 2 with Seth Tandett in the Concrete Logic Podcast.
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(2:48) - Once you understand how to interpret that contract honestly, most of the risk and understanding the risks that you're taking on goes away and you understand how to make more money in post-award
(3:17) - We win projects at a loss knowing that we have the contractual experience in the post-award phase on change orders to get our margin back and to make money
(8:52) - The key learning from the disputes is it's pretty simple. It's a race to see who loses the least amount of money
(9:44) - The key to a construction dispute and I know this sounds a bit painfully obvious, is to not get into a construction dispute
(12:28) - It's a lot easier when you're trying to work with everybody versus fight
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

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