Why You Need to Avoid Being Tied into the Head Contract if You're a Tier 2 Construction Company [#ThrowbackThursday] | Ep. 306

This episode is a re-run. It was originally published in November 2022. Find out the critical reasons why Tier 2 construction firms must steer clear of the head contract trap. Delve into the complexities of this arrangement, understand its potential consequences, and learn strategic maneuvers to protect your interests and maintain control over your projects. Don't let contractual entanglements dictate your fate – listen now! 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: (2:51) - The principal is not your client (5:29) - What are the problems that we're trying to solve? (6:13) - Your change order won't be approved unless it's been approved by the principal (8:44) - Don't tie your defects liability period to the head contract PC date (9:13) - There are different six ways that you can be tied into the head contract and what are we going to do about it 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