This episode is a re-run. It was originally published in June 2024.
Most subcontractors don’t lose money because of bad work. They lose it because of silent risks in the contract.
In this episode, we break down the hidden traps that kill your margin and how to stop it from happening on your next job.
Tune in.
Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.
Don’t let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?
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Timestamps:
(2:19) - How to win bids, not by being the cheapest, but by being the smartest
(4:18) - Smart contract negotiation isn't a tactic, but your first line of defense against uncertainty and scrutiny
(6:01) - The strategy was bid low enough to win the project, win the job, but have favorable terms set up for changes and delays
(7:21) - The margin really is in the post-award phase
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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