Why Effective Contract Administration Is Vital For Success [#ThrowbackThursday] | Ep. 367

This episode is a re-run. It was originally published in June 2023.It’s not just about signing the deal—it’s about managing it effectively. Discover how smart contract administration turned one project around and why it’s vital for your success. Tune in now!Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.Don’t let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?Click here to IMPROVE your contracts using the Quantum Contract System:quantumcs.co/Yt2025Click here to BOOST your profit margins up to 15%:quantumcs.co/YtO3SimpleChangesClick here to GAIN expert advice weekly for FREE:quantumcs.co/YTNewsOptInTimestamps:(4:34) - Relationships are important. The industry has definitely changed in that they are less important(7:03) - As you start off being contractual, they actually just think you're very, very professional(8:10) - If they can save costs by doing something contractually to you to make sure that you don't get paid, they will do it(8:28) - One very good tip is to submit notices if you've been delayed and managed to mitigate the risk away(8:57) - There's a contracts game at play here, it's being played whether you want to play it or not. Learn how to play itDISCLAIMER: 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