In construction, there are a few key clauses that you need to get to grips with... Here are two crucial ones.

Welcome to the Construction Secrets where we can help you deliver commercially, and secure a healthy profit on each project through negotiating better contracts.

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Timestamps:

(1:54) - Relying on relationships is not prudent.

(3:00) - If you start to become contractual halfway through the project, it's a clear change of methodology.

(4:19) - Parent company guarantee and directives guarantee.

(5:27) - You can negotiate security out of the contract which will increase your cash flow.

(6:35) - They're asking you to take on additional risk.

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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