Tune in now for the vital knowledge you need to succeed and expert legal advice to protect you in your projects. In this episode, Curtis Lawson delves into the nuances of construction terminology and their legal weight and alongside is our friend, builder and legal expert, Daniel Bawden, President/CEO of Legal Eagle Contractors, Co. Together, the two will run through some seemingly basic terms that carry heavy weight in the construction world, and why you need to understand their meanings and implications before exchanging any documents with a client or contractor. They share their best advice for anyone diving into a construction project - from the essentials you must include, to key elements, to best practices for both homeowners and contractors. They shed light on the distinctions between terms like estimate, quote, bid, and proposal, providing valuable insights for homeowners and contractors alike.
In This Episode:
✅ Clarifying the differences between estimate, quote, bid, and proposal
✅ Setting accurate expectations through contracting terminology
✅ Importance of clear, comprehensive documentation in construction projects
✅ Strategies for avoiding disputes over scope, costs, and schedule
✅ Balancing flexibility and commitment in project agreements.
Key Points:
⚖️ Understanding the distinctions between estimate, quote, bid, and proposal
📝 Importance of detailed documentation to align expectations and prevent disputes
💼 Setting accurate allowances for fixtures, finishes, etc. to avoid conflicts
🛠️ Strategies for navigating cost-plus or time & materials contracts
🤝 Building trust and transparency through consistent written communication
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🎤 OUR GUEST 🎤
Daniel Bawden | President/CEO of Legal Eagle Construction in Houston, TXHis insights into contracting terminology and project documentation are invaluable for homeowners and contractors alike. Connect with Daniel and Legal Eagle Construction for professional guidance on your next construction project! 🌐 https://legaleaglecontractors.com/ 📷 https://www.instagram.com/legaleaglecontractors/ 📞 (713) 781-2090 📧 info@legaleaglecontractors.com
🎤 OUR HOST 🎤
Curtis Lawson | Principal at Shepherd Construction Advisors & Crafted Custom Homes + Renovations
🏡Want to Build a Custom Home?
🌐 https://craftedhome.com
📧 podcast@yourprojectshepherd.com