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

Construction is evolving fast—are you keeping up? In this episode, we dive into six key changes shaping the future of the industry and what you need to do to stay competitive.

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.

We have done over 6,000 contract reviews and helped over 300 Construction Contractors, Subcontractors, and Suppliers across the USA, Australia, Canada, New Zealand, UK & Ireland manage over $20 billion worth of contracts.

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Want to BOOST your profit margins up to 15%? Go here: https://quantumcs.co/YtO3SimpleChanges

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Timestamps:

(1:42) - It used to be all about relationships, but it is no longer the case

(2:55) - You just don't really see standard contracts anymore

(4:24) - AI, ChatGPT is actually going to replace white-collar workers pretty quickly

(5:56) - The cost of materials, across the board, has gone bonkers, particularly in construction

(7:01) - Everyone is experiencing difficulty in finding good people

(8:03) - If you're a main contractor please be careful with your balance sheet

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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6 Ways The Construction Industry Is Changing (And What You Need To Do) [#ThrowbackThursday] | Ep. 352

Construction Secrets