306 episodes
Construction Secrets w/ Cian Brennan Cian Brennan
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- Business
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. Hosted by Cian Brennan.
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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 Service” 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. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/LegacyFreeReport
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
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 -
Why 7 Out of 10 Subcontractors Fail in 10 Years—And How to Avoid It [Spotify Video Episode] | Ep. 305
Staying afloat in construction is tough. Find out why many don't make it and learn how you can survive. Tune in!
For more videos, subscribe to our YouTube channel using this link: https://quantumcs.co/CSYouTube
Our “Quantum Contract Advantage Service” 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. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/LegacyFreeReport
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(1:16) - The contract space is the only place in the construction industry where you can instantly add hundreds of thousands even multiples of millions to the P&L on every project
(6:10) - Who am I and how do I know this?
(13:51) - I found out that they had invested millions and millions of dollars into their contracts people processes and systems
(17:08) - The Quantum Contract Advantage
(22:31) - All you have to do is send us your contracts when they come in, let us know about any changes or delays as and when they happen, and we'll take it from there
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 -
The 2 Things about Intellectual Property that You Need to Know [Tier 2 Construction Companies Only] [#ThrowbackThursday] | Ep. 304
This episode is a re-run. It was originally published in November 2022.
Discover how protecting your IP assets could be the key to securing your competitive edge in the industry. Press play to stay informed and empowered!
Our “Quantum Contract Advantage Service” 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. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free:
https://quantumcs.co/LegacyFreeReport
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(2:35) - What is intellectual property IP?
(3:56) - Background IP, this is [the] IP that you're bringing into a project
(5:57) - The problem that we're trying to solve essentially is who owns what, who owns the background IP, who owns the IP generated
(7:37) - If you're bringing in this intellectual property that gives you a competitive advantage and you're agreeing to hand it over, then that's not good
(9:23) - You need to establish if the IP is a concern
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 -
Why Your Construction Company Is Unsellable (And What To Do About It) | Ep. 303
Learn the steps to making your construction business irresistible to buyers. Find out what buyers are searching for and how to make your company stand out. Get started today – listen now!
Our “Quantum Contract Advantage Service” 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. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/LegacyFreeReport
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(1:17) - What are the things that construction companies don't work on that If they worked on, it would make their business far more sellable
(3:07) - Even though you're prepared to sell, you don't have to sell
(4:24) - We want to be prepared for sale to get the highest value exit when it happens
(5:42) - When you're trying to build a bigger business, they want to see a business that runs without you
(6:28) - Are my staff going to be looked after? Are they going to keep the people?
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 -
Proportional Liability in Construction for Tier 2 Contractors [Australia Only] [#ThrowbackThursday] | Ep. 302
This episode is a re-run. It was originally published in November 2022.
Join us as we explore the nuanced concept of proportional liability in construction, specifically tailored for tier 2 contractors. Tune in for expert analysis and actionable advice to reshape your risk management strategies effectively!
Our “Quantum Contract Advantage Service” 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. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/LegacyFreeReport
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(1:57) - How does a law come about and where does your contract sit in relation to the law?
(4:31) - If something goes wrong on a construction project, you're only liable to pay for your contribution to what went wrong
(5:13) - In the Civil Liabilities Act, it says that you need proportion to blame fairly
(7:14) - Am I in a state that allows contracting out?
(8:49) - You need to make a commercial decision if it works in your favor or not
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 Contractors: Terminating Your Contract | Ep. 301
Uncover the hidden truths about contract termination for construction contractors and its consequences. Gain valuable insights and practical advice for navigating termination situations with confidence. Tune in now!
Our “Quantum Contract Advantage Service” 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. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/LegacyFreeReport
If you want to find to out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(1:24) - Termination is one of the company ender clauses in a contract
(2:16) - If they breach the contract or if they default on the contract, what happens then?
(3:28) - Termination for convenienc
(5:10) - It's all about how much money do I lose? Am I going to be compensated for demobilizing? Is that going to be fair?
(7:55) - They have to demonstrate that you have defaulted
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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