How to defend yourself against the corrupt & the stupid in construction [#ThrowbackThursday] | Ep. 112

This episode is a re-run. It was originally published on May 2022 BUSINESS IS BUSINESS! Yes, it is, but it doesn't mean that you can abuse the other parties involved in the contract. 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: (1:28) - It's a lot of work given the scale of these oil and gas projects (2:55) - You don't have a contract with the principal you have a contract with the main contractor (4:30) - The construction industry has the most insolvencies of any industry (7:06) - If ever you're looking at your own contract make sure you have a reciprocal termination clause (9:57) - We managed to negotiate that reciprocal termination clause (10:19) - You can't just get out of any contract for any reason whatsoever 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