This episode is a re-run. It was originally published in November 2022.

Looking to learn the art of contract exits? This podcast episode has got you covered! We talk about the strategic approaches to finding your way out of hostile construction contracts. Listen up!

Our “Quantum Contract Advantage Service” 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. Here's How: https://quantumcs.co/becomealegacysubcontractor

If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!

Timestamps:

(2:51) - How terminations can impact you and practical steps that you can take to ensure you've got a way out and to limit your downside

(4:03) - Termination by frustration is when you cannot finish the contract

(5:41) - What happens is the tier one, in order to remove some of the risk from himself, will push the risk down onto the tier twos

(10:58) - Cash flow is really negotiation

(12:24) - We need to negotiate what happens if you get terminated

(15:44) - The biggest advice that we can give you is the squeaky wheel gets the oil

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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How to Get Out of a Construction Contract [#ThrowbackThursday] | Ep. 289

Construction Secrets

How to Get Out of a Construction Contract [#ThrowbackThursday] | Ep. 289