This episode is a re-run. It was originally published in October 2022.
Terminate the termination risk! Learn how to shield yourself from unwarranted client terminations in construction. Listen now!
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Timestamps:
(1:44) - They knew we can't pay these guys, but they still got them to do work. They still got them to complete work
(2:30) - You're essentially financing the project for them
(4:37) - If you can negotiate some better things upfront, you're going to save yourself a ton of money
(5:52) - The problem we have here is you can't terminate them if they default in lots of contracts
(6:58) - You're asking for what's called reciprocal termination
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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