Knowledge is your shield! Unveil this contract trick that construction contractors include in their contracts that could cost you!💸 Tune in!

For more Construction Secrets videos, subscribe to our youtube channel using this link: https://quantumcs.co/CSYouTube

Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: ⁠⁠⁠⁠⁠https://quantumcs.co/casestudy-podcast⁠⁠⁠⁠⁠

If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io

Timestamps:

(1:57) - So whatever state you’re in, you need to make sure that if there’s a dispute, where does it get resolved?

(3:14) - More often than not, an arbitration is a hundred grand before you even step out the door

(4:16) - In the front end, when we’re signing our contracts, we need to make sure that we check the applicable law

(5:13) - When you go to those negotiations, it is worth coming not looking for everything but be willing to give away a little bit to come to a resolution

(5:35) - You want to make sure that the actual dispute resolution – that you’re going to have is going to be something that is low cost

(6:30) - When you get into a dispute, their biggest tool against you is restricting your cash flow

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.

Follow our Socials and let's get connected! ⤵️

Bet Ya Didn’t Know Construction Contractors Are Doing This [Spotify Video Episode] | Ep. 203

Construction Secrets

Bet Ya Didn’t Know Construction Contractors Are Doing This [Spotify Video Episode] | Ep. 203