This episode is a re-run. It was originally published in December 2022.

Unlock the power of a single contract clause to shield your business from the rising tide of inflation. Dive into how this strategic move can protect your bottom line and ensure your projects stay profitable, regardless of economic fluctuations. Ready to future-proof your construction business? Hit play and stay one step ahead!

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:

(1:44) - The rise and fall and escalation is essentially increasing of the rates that you've agreed in your contract because of outside forces

(4:20) - If you've agreed a rates based contract, every bit of work that you do, you are going to be losing 25, 30%, every bit of work that you do

(6:50) - How often are we going to increase the rates?

(9:52) - When are we going to increase the rates?

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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