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This episode is a re-run. It was originally published in September 2022.
Dive deep into the entire pre-construction process. Discover the essential steps that lay the foundation for your construction project's success in this podcast episode. Tune in!
Construction Companies doing $5M+!š£ We have created a FREE REPORT, packed with information gathered from over 4000 Contract Reviews. In this report you will find The 3 Things You Need To Negotiate In Every Contract. Click Here to find out how you can sign low-risk contracts, boost cash flow & improve your profit margin. https://quantumcs.co/downloadthereport
If you want find to out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(3:05) - They have no intention whatsoever of awarding the work. They just want to get a guide for the prices
(3:46) - How can we reduce our risk, reduce our costs by making sure that we sign the best possible contract we can sign?
(4:37) - Wherever you are on the construction hierarchy, if you're down the chain a little bit, the risk gets pushed down the chain
(6:38) - The general terms that you're signing up to payment terms, all of that sort of stuff is up for negotiation and also your price
(7:18) - You need to be really ruthless on checking that final contract
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! ⤵ļø
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This episode is a re-run. It was originally published in September 2022.
Dive deep into the entire pre-construction process. Discover the essential steps that lay the foundation for your construction project's success in this podcast episode. Tune in!
Construction Companies doing $5M+!š£ We have created a FREE REPORT, packed with information gathered from over 4000 Contract Reviews. In this report you will find The 3 Things You Need To Negotiate In Every Contract. Click Here to find out how you can sign low-risk contracts, boost cash flow & improve your profit margin. https://quantumcs.co/downloadthereport
If you want find to out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(3:05) - They have no intention whatsoever of awarding the work. They just want to get a guide for the prices
(3:46) - How can we reduce our risk, reduce our costs by making sure that we sign the best possible contract we can sign?
(4:37) - Wherever you are on the construction hierarchy, if you're down the chain a little bit, the risk gets pushed down the chain
(6:38) - The general terms that you're signing up to payment terms, all of that sort of stuff is up for negotiation and also your price
(7:18) - You need to be really ruthless on checking that final contract
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! ⤵ļø
ā ā ā ā Facebookā ā ā ā | ā ā ā ā LinkedInā ā ā ā | ā ā ā ā YouTubeā ā ā ā | ā ā ā ā Instagramā ā ā ā | ā ā ā ā TikTokā ā ā ā | ā ā ā ā Twitter
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