This episode is a re-run. It was originally published in December 2023.
One wrong clause could make you pay for everyone else’s mistakes.
When something goes wrong on site, the blame game begins.
But if you signed the wrong indemnity clause, guess who’s left holding the bag?
Most construction companies don’t realise just how much risk they’ve agreed to until it’s too late.
If you’re a contractor, subcontractor, or supplier, this episode breaks down what indemnification really means and how to protect yourself before the finger-pointing starts.
Listen now to learn how to take control of your contracts and avoid paying for problems you didn’t cause.
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Timestamps:
(1:21) - The term indemnification itself, It's a clause in the contract that's critical to your business's survival
(1:58) - Everyone has to deal with indemnity clauses, no matter how much responsibility they have
(3:22) - Indemnity clauses are not created equal
(4:05) - This is important because it's not only what keeps you safe, but also makes things fair for everybody involved
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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