Listen "THIS Kills Your Margin On Your Construction Project | Ep. 168"
Episode Synopsis
Get expert advice on dealing with REMOVED Scope of Work. Listen up!👂
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(4:07) - They are entitled to be paid for what you agreed in their contract and the work that they've done
(5:35) - They're entitled to be paid for the costs unless the contract says different
(5:57) - If they’re terminating you in the contract, you are entitled to get paid for demonstrated actual costs
(6:32) - You should be entitled to claims for the costs that you have incurred
(7:04) - Check your termination clauses, check your variation clauses in your contracts that you signed
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
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(4:07) - They are entitled to be paid for what you agreed in their contract and the work that they've done
(5:35) - They're entitled to be paid for the costs unless the contract says different
(5:57) - If they’re terminating you in the contract, you are entitled to get paid for demonstrated actual costs
(6:32) - You should be entitled to claims for the costs that you have incurred
(7:04) - Check your termination clauses, check your variation clauses in your contracts that you signed
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
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ZARZA We are Zarza, the prestigious firm behind major projects in information technology.