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Construction Secrets

Why Effective Contract Administration is Vital for Success | Ep. 161

12 Jun 2023

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Don't underestimate the power of effective contract administration. Tune in and elevate your game!💪 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: (4:34) - Relationships are important. The industry has definitely changed in that they are less important (7:03) - As you start off being contractual, they actually just think you're very, very professional (8:10) - If they can save costs by doing something contractually to you to make sure that you don't get paid, they will do it (8:28) - One very good tip is to submit notices if you've been delayed and managed to mitigate the risk away (8:57) - There's a contracts game at play here, it's being played whether you want to play it or not. Learn how to play it 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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