326 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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Squeaky Bum Time in Construction [#ThrowbackThursday] | Ep. 326
This episode is a re-run. It was originally published in January 2023.
The back end of the contract (excuse the pun) is when squeaky bum time kicks in. Listen in as we dive deeper into this critical phase.
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.
Ready to Earn More from Every Contract? Find out how to protect yourself from larger companies taking advantage and start boosting your profits by 15%. Click here to discover the 3 simple changes in your contracts that make a big difference: https://quantumcs.co/LI3SimpleChanges
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/LI3simplechangescall. Jump on a free strategy session to see how we can help you!
Timestamps:
(1:33) - Squeaky Bum time, the most important part of a foodball game
(2:52) - The best way to tackle a problem is to flip it around
(5:54) - Properly negotiate the terms and conditions of your contract
(6:20) - Submit your variations and change orders all the way through
(7:08) - You don't even get into a dispute
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! ⤵️
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Dispute Resolution Tips for Construction Contractors | Ep. 325
Transform conflicts into chances for growth! Tune in for expert advice on managing disputes and ensuring project profitability. Click play and grow your success!
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.
Ready to Earn More from Every Contract? Find out how to protect yourself from larger companies taking advantage and start boosting your profits by 15%. Click here to discover the 3 simple changes in your contracts that make a big difference: https://quantumcs.co/LI3SimpleChanges
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/LI3simplechangescall. Jump on a free strategy session to see how we can help you!
Timestamps:
(1:45) - The real problem when it comes to contract management is there's so much misinformation out there
(2:55) - Too often, the default next step is straight to court or arbitration, which can be prohibitively expensive
(3:54) - Before signing any contract, review the dispute resolution clause, make sure there's an escalation process in place
(5:51) - Inform your client that delays in approval are hurting your cash flow and your ability to commit to future changes
(6:57) - Get in front of the decision-makers, present your case clearly, and be willing to compromise
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 -
Asked to Proceed with a VO/CO without Costs Being Agreed? Here is What To Do [#ThrowbackThursday] | Ep. 324
This episode is a re-run. It was originally published in January 2023.
Pushed to start a variation without finalizing costs? Tune in for essential advice on how to handle this situation.
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.
Ready to Earn More from Every Contract? Find out how to protect yourself from larger companies taking advantage and start boosting your profits by 15%. Click here to discover the 3 simple changes in your contracts that make a big difference: https://quantumcs.co/LI3SimpleChanges
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/LI3simplechangescall. Jump on a free strategy session to see how we can help you!
Timestamps:
(1:44) - 26% of all insolvencies come from the construction industry
(5:48) - Before signing a contract, check the variation clause
(6:23) - You mustn't proceed with a variation until a variation is approved
(7:26) - Make sure your whole team knows that you don't start work without a signed variation
(8:18) - This is my opinion on what you could do
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 -
6 Smart Moves for Reliable Construction Cash Flow [Spotify Video Episode] | Ep. 323
Struggling with cash flow? Learn 6 expert tips to maintain financial stability in your construction projects. Press play and master your cash flow now!
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.
Ready to Earn More from Every Contract? Find out how to protect yourself from larger companies taking advantage and start boosting your profits by 15%. Click here to discover the 3 simple changes in your contracts that make a big difference: https://quantumcs.co/LI3SimpleChanges
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/LI3simplechangescall. Jump on a free strategy session to see how we can help you!
Timestamps:
(1:24) - What most companies do is they get work from any client, but the problem is the client themselves are struggling for work themselves
(2:29) - The real key here is to ensure you negotiate hard on the moneymaker clauses in the contract
(3:29) - Be the contractor that they can depend on and not just meet expectations, but exceed expectations
(4:47) - Keep the dialogue frequent and focused and ensure that all decision makers are engaged moving forward until we get the agreement finalized
(5:24) - It's not just about winning bids, it's about making long term profitable relationships, project after project
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 -
Use This Trick To Make More Profit on Your Construction Project [#ThrowbackThursday] | Ep. 322
This episode is a re-run. It was originally published in January 2023.
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.
Ready to Earn More from Every Contract? Find out how to protect yourself from larger companies taking advantage and start boosting your profits by 15%. Click here to discover the 3 simple changes in your contracts that make a big difference: https://quantumcs.co/LI3SimpleChanges
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/LI3simplechangescall. Jump on a free strategy session to see how we can help you!
Timestamps:
(1:33) - You need to deliver contractually, that's where the money is
(4:07) - If you wanted to reduce your risk, as much as possible submit a notice of delay
(5:20) - You'll make so much more money if you submit your notices
(7:47) - Make it look like a memo, not a letter
(8:01) - You're covering your risks because you're getting your notices in
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 -
Mastering the Art of Contract Management In Construction | Ep. 321
Take control of your construction contracts! We share essential tips to manage contracts, cut risks, and maximize profits. Click to listen and master contract management!
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.
Ready to Earn More from Every Contract? Find out how to protect yourself from larger companies taking advantage and start boosting your profits by 15%. Click here to discover the 3 simple changes in your contracts that make a big difference: https://quantumcs.co/LI3SimpleChanges
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/LI3simplechangescall. Jump on a free strategy session to see how we can help you!
Timestamps:
(2:55) - Contract management is not just a necessity, but a game changer in a construction industry
(3:02) - Three critical things that Illustrate the transformative power for being proactive with your contracts
(3:59) - The terms you agree to today will dictate your business reality in the future
(5:00) - Professional respect is earned through smart contracting
(6:36) - Effective contract management is about more than avoiding problems
(7:16) - Knowing the contracts inside and out, you become a reliable and trusted partner on every project
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