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Construction Secrets
Raine Gerber
399 episodes
3 days ago
Welcome to the Construction Secrets podcast where we talk about signing better construction contracts, getting better project cash flow and making more profit per project, and the many mistakes and failures we have learned along the way. Powered by Quantum Contracts.
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Management
Business
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All content for Construction Secrets is the property of Raine Gerber and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
Welcome to the Construction Secrets podcast where we talk about signing better construction contracts, getting better project cash flow and making more profit per project, and the many mistakes and failures we have learned along the way. Powered by Quantum Contracts.
Show more...
Management
Business
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The ONE Thing That Can Bankrupt Your Construction Business [#ThrowbackThursday] | Ep. 393
Construction Secrets
6 minutes 11 seconds
1 month ago
The ONE Thing That Can Bankrupt Your Construction Business [#ThrowbackThursday] | Ep. 393

This episode is a re-run. It was originally published in March 2024.


You might think you're signing a fair contract… but you’re not.

Most contractors believe they’re agreeing to standard terms, when in reality, they’ve been handed a heavily amended document that quietly shifts all the risk onto them.

These “wolf in sheep’s clothing” contracts look safe until something goes wrong.

Suddenly, you're hit with hidden clauses, tight time bars, and zero entitlement to variations or delays.

In this episode, we break down how this happens, why it’s so common, and what you can do to protect your margins and cash flow.

Tune in now and find out if your contracts are quietly setting you up to fail.


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?


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Timestamps:

(2:08) - The thing about this is contracts typically are not really designed to be fair

(3:06) - What they do is if they can push the risk, if they can have you finance the project on their behalf, their cashflow is a lot better

(4:38) - What actually happens is they use the standard form contract, and then they amend that contract and then give you that contract

(5:40) - They can manipulate time bars


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.


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Construction Secrets
Welcome to the Construction Secrets podcast where we talk about signing better construction contracts, getting better project cash flow and making more profit per project, and the many mistakes and failures we have learned along the way. Powered by Quantum Contracts.