A Trick Used by Tier-One Contractors That Could Cost You [#ThrowbackThursday] | Ep. 314

This episode is a re-run. It was originally published in December 2022. Don’t fall for costly contractor tricks! Uncover the tactics used by the big players and protect your bottom line. Listen up! 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. Want to IMPROVE your contract terms for FREE? Go here: https://hubs.ly/Q02Q4r6W0 Want to BOOST your profit margins up to 15%? Go here: https://quantumcs.co/YtO3SimpleChanges Want us to MANAGE your contracts for you? Go here: https://quantumcs.co/YtOCal3SimpleChanges Timestamps: (1:44) - This little trick or this little problem that your client oftentimes puts into your contract can really end up costing you (2:35) - Whatever state you're in, you need to make sure that if there is a dispute, where does it get resolved? (5:55) - You want to have the dispute clause to have an intermediate step that compels their senior management to sit down and have a meeting (7:42) - When you get into dispute, their biggest tool against you is restricting your cash flow, is not paying you, withholding cash (8:49) - Make sure the applicable law is a state that you're in 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! ⤵️ ⁠⁠⁠⁠Facebook⁠⁠⁠⁠ | ⁠⁠⁠⁠LinkedIn⁠⁠⁠⁠ | ⁠⁠⁠⁠YouTube⁠⁠⁠⁠ | ⁠⁠⁠⁠Instagram⁠⁠⁠⁠ | ⁠⁠⁠⁠TikTok⁠⁠⁠⁠ | ⁠⁠⁠⁠Twitter