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This episode is a re-run. It was originally published in November 2022.
Join us as we explore the nuanced concept of proportional liability in construction, specifically tailored for tier 2 contractors. Tune in for expert analysis and actionable advice to reshape your risk management strategies effectively!
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:
(1:57) - How does a law come about and where does your contract sit in relation to the law?
(4:31) - If something goes wrong on a construction project, you're only liable to pay for your contribution to what went wrong
(5:13) - In the Civil Liabilities Act, it says that you need proportion to blame fairly
(7:14) - Am I in a state that allows contracting out?
(8:49) - You need to make a commercial decision if it works in your favor or not
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
5
66 ratings
This episode is a re-run. It was originally published in November 2022.
Join us as we explore the nuanced concept of proportional liability in construction, specifically tailored for tier 2 contractors. Tune in for expert analysis and actionable advice to reshape your risk management strategies effectively!
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:
(1:57) - How does a law come about and where does your contract sit in relation to the law?
(4:31) - If something goes wrong on a construction project, you're only liable to pay for your contribution to what went wrong
(5:13) - In the Civil Liabilities Act, it says that you need proportion to blame fairly
(7:14) - Am I in a state that allows contracting out?
(8:49) - You need to make a commercial decision if it works in your favor or not
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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