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

Most of the time, the client won't approve your change order for ages, for a long time, and that kills your cash flow. How to prevent this from happening? Tune in to find out!

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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/bookinthecall. Jump on a free strategy session to see how we can help you!

Timestamps:

(2:46) - In the States, it's predominantly change order. The rest of the world, it's variation. It depends on the contract

(3:11) - What is a change order?

(6:33) - You can also submit a notice of dispute against their rejection

(7:59) - When you do the variations, then you can get really aggressively negotiated down, and that hurts your margin

(9:06) - Sometimes a contract will ask you to specify what your profit and overhead is going to be

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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The Definitive Guide to Change Orders in Construction [#ThrowbackThursday] | Ep. 280

Construction Secrets

The Definitive Guide to Change Orders in Construction [#ThrowbackThursday] | Ep. 280