This episode is a re-run. It was originally published in February 2023.

Cash flow is king in construction. But did you know that there are four secrets to increasing it? Listen to find out!

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.

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If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/YtOCal3SimpleChanges

Timestamps:

(1:23) - Cashflow is one of the biggest reasons why construction companies go out of business

(3:15) - The first thing you need to look at is the payment terms

(4:40) - They ask you to notify them within 1-2 business days if there's a delay or if there's a change on-site

(5:52) - You want to make sure that you're getting paid

(6:49) - There may be an option to submit an alternative tender

(8:25) - You can make your margin back, the 5% that you lost, in post-award easily

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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4 Secrets to Increasing Cashflow on Construction Projects [#ThrowbackThursday] | Ep. 334

Construction Secrets