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This episode is a re-run. It was originally published in May 2023.
A construction dispute is a race to see who loses the least amount of money...
Even when you're 100% in the right..
That's the part most subs work out too late.
Tune in to learn more about effective strategies in navigating construction disputes.
Timestamps:
(2:48) - Once you understand how to interpret that contract honestly, most of the risk and understanding the risks that you're taking on goes away and you understand how to make more money in post-award
(3:17) - We win projects at a loss knowing that we have the contractual experience in the post-award phase on change orders to get our margin back and to make money
(8:52) - The key learning from the disputes is it's pretty simple. It's a race to see who loses the least amount of money
(9:44) - The key to a construction dispute and I know this sounds a bit painfully obvious, is to not get into a construction dispute
(12:28) - It's a lot easier when you're trying to work with everybody versus fight