Construction Secrets

Raine Gerber
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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.

  1. 2 dgn geleden

    The Construction Contractor's Guide to Managing Delays and Cost Disputes ft. Paul Heming Pt. 1 [#ThrowbackThursday] | Ep. 426

    This episode is a re-run. It was originally published in May 2023. You can sit at the table having spent 500 grand. Or you can sit at the table having spent a tenner. Same argument. Very different leverage. That's the whole game when a variation isn't getting approved. Tune in! 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. Work With Us: Here Get The Subcontractor's Edge Book: Here Timestamps: (5:46) - It's about getting an outcome, getting paid, getting stuff approved (11:18) - The transaction of money more and more is bound by the contracts and less by handshakes (11:46) - Too often subcontractors get the short end of the stick, and that's largely because their resource is not the resource of whoever they go after (18:54) - The first thing in catching that fundamental problem is going into the contract and negotiating that out and saying, no, no, we're not doing that (19:47) - When I'm talking about contract and I always say it's not just contractually it's about strategy 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.

    29 min.

  2. 18 jun

    How To Use AI for Construction Businesses ft. Martin Preece Pt. 2 [#ThrowbackThursday] | Ep. 425

    This episode is a re-run. It was originally published in May 2023. The truck driver on the mining site who heard about self-driving trucks had two choices. Do nothing and get made redundant. Or learn the tech and end up running five trucks from a joystick. That's where construction is with AI right now. Hit the play button now. 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. Work With Us: Here Get The Subcontractor's Edge Book: Here Timestamps: (4:17) - It's a race to see who loses the least amount of money (7:12) - The law is above the contract and the contract falls as part of that (11:25) - Just control what you can control (16:53) - Media is leverage (18:39) - By using AI, you can deliver things quicker (25:04) - If you can get that business to pay for itself, you're essentially getting relationships and leads for free 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.

    31 min.

  3. 11 jun

    How Construction Companies Master Effective Communication ft. Martin Preece Pt. 1 [#ThrowbackThursday] | Ep. 424

    This episode is a re-run. It was originally published in May 2023. Three things the longest-lasting subs all do: They negotiate hard, every single time. They walk away from risky contracts, even good ones. They protect their margin like it's oxygen. That's it. That's the whole game. Listen up. 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. Work With Us: Here Get The Subcontractor's Edge Book: Here Timestamps: (2:46) - I was seeing so many companies losing money and going out of business because they didn't understand the contract (15:12) - Lowest price technically qualified doesn't mean you're going to have the lowest total cost of ownership (16:28) - If you've got a reasonable margin, you can afford better people (23:43) - The most successful ones tend to be family-run businesses like full-family businesses (24:47) - Making a reasonable margin on a low-risk job is better than making a high margin in a high-risk job over time 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.

    39 min.

  4. 4 jun

    Structuring Deals and AI in the Construction Industry ft. Will Foret & Justin Neagle Pt. 2 [#ThrowbackThursday] | Ep. 423

    This episode is a re-run. It was originally published in April 2023. Most subs think the money is made on site. It's not. It's made in the terms. I've seen tier ones win projects at a loss because they know they can claw the margin back post-award through variations and EOTs. Meanwhile the subs underneath them are signing the worst version of the contract, because nobody told them there was a game being played. If you've ever felt like you're doing all the work and somehow keeping none of the profit, tune in. 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. Work With Us: Here Get The Subcontractor's Edge Book: Here Timestamps: (1:44) - The returns are in the terms, that's where your money is made (5:10) - Liquidated damages are to compensate your client for the delay and the cost of the delay (8:37) - A lot of times there's an option to submit an alternative bid (18:56) - There can only be one angry man in the boat (22:24) - Chat GPT is very very powerful so it's just gonna continue to get better 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.

    28 min.

  5. 28 mei

    Singular Focus & Scaling ft. Will Foret & Justin Neagle Pt. 1 [#ThrowbackThursday] | Ep. 422

    This episode is a re-run. It was originally published in April 2023. Two electrical subs. Same project. Same scope. One made a killing. The other nearly went under. And here's the thing, right? The one that nearly collapsed actually did the better job on site. But their variations never got approved. Their EOTs weren't submitted properly. Their scope looked late on paper. And the head contractor hit them with liquidated damages. The other sub? Quietly contractually savvy. Got every variation paid. Protected their margin. Same site. Same scope. Nothing to do with the quality of the work. In this episode, we break down what separates the subs who scale from the ones who get quietly bled dry, one small variation at a time. If you've ever finished a job and wondered where the margin went, have a listen. 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. Work With Us: Here Get The Subcontractor's Edge Book: Here Timestamps: (6:40) - Negotiate the right things in the right way (10:20) - Lawyers would get you out of the problem that you're in (14:52) - Scale brings complexity (21:49) - How we've done over 2600 contract reviews and negotiations (28:50) - Approximately 26% of all bankruptcies of all businesses are from the construction industry (31:54) - If you try to negotiate they'll just give the work to somebody else 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.

    35 min.

  6. 21 mei

    The Little Guy Getting Screwed Over ft. Mick Donaghy Pt. 2 [#ThrowbackThursday] | Ep. 421

    This episode is a re-run. It was originally published in April 2023. Most construction companies don’t go broke because they can’t build. They go broke because of the contracts they sign. Risk gets pushed down the chain, and the smaller the contractor, the harder the hit when things go wrong. Relationships and good work are no longer enough when the paperwork decides who gets paid and who absorbs the loss. The companies that survive are the ones who get contractually sharp before the job even starts. Don’t miss out - tune in! 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? Click here to GRAB the FREE Industry Standards Guide: quantumcs.co/ISYt Click here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025 Click here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptIn Timestamps: (1:14) - Don't transfer the title until you get paid! (3:00) - How to pass on the risk to someone else. (5:00) - Your project managers manage your project as a side hustle only. (8:13) - What to do when you get into a dispute. (11:00) - Advice on how to properly manage contracts 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

    17 min.

  7. 14 mei

    How Consultancies Actually Work in Construction ft. Mick Donaghy Pt. 1 [#ThrowbackThursday] | Ep. 420

    This episode is a re-run. It was originally published in April 2023. Great builders still go broke when they ignore the contract. This episode explains how cash flow, risk, and payment terms decide whether you make profit or lose it, even when the work is done perfectly. It also covers why so many construction companies fail and how smarter contracts can change the outcome. If you want to protect your margin and stay in business long term, this one is worth your time. Listen in. 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? Click here to GRAB the FREE Industry Standards Guide: quantumcs.co/ISYt Click here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025 Click here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptIn Timestamps: (2:24) - What Quantum does is we are a smart contracts management contracts administration solution for construction companies (6:44) - I wanted to help the construction contractor subcontractors with the contract administration process because so many of them were losing money (10:02) - Anything where you're looking at a contract that has fifty to a hundred 200 pages (12:42) - You know what would you say you know makes a good contract and what makes a bad contract (15:06) - Moves that will make a huge difference to your cash flow 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

    17 min.

  8. 7 mei

    Squeaky Bum Time in Construction ft. Todd Weyandt Pt. 2 [#ThrowbackThursday] | Ep. 419

    This episode is a re-run. It was originally published in March 2023. Most projects don’t hurt you early. They hurt you at closeout. In this episode, find out what “squeaky bum time” is and why the final quarter is when notices, EOTs, and paperwork decide if you get paid or get cut back. Also, dive into how AI will shape construction and why the smartest companies make the complex simple. Click play to tune in. 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? Click here to GRAB the FREE Industry Standards Guide: quantumcs.co/ISYt Click here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025 Click here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptIn Timestamps: (2:35) - Everything happens in that final quarter (5:58) - People are more worried about losing money and getting ripped off than making lots of money and growing (7:21) - It gave us confidence that you knew what you were doing (10:23) - Machinery replaces blue-collar workers (12:05) - Construction is a little behind as well as an industry (13:35) - The most successful construction companies are the companies that do one thing (15:01) - The innovation is just getting better and better at the one thing 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

    18 min.
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Info

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.

Informatie

  • Maker
    Raine Gerber
  • Jaren actief
    2022 - 2026
  • Afleveringen
    426
  • Beoordeling
    Veilig
  • Copyright
    © Raine Gerber
  • Website van aflevering
    Construction Secrets

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