9 min
Exactly What To Do When You Are Asked To Sign Guarantees and Deeds in Your Construction Contract [#ThrowbackThursday] | Ep. 300 Construction Secrets w/ Cian Brennan
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- Management
This episode is a re-run. It was originally published in November 2022.
Not sure what to do when you’re asked to sign guarantees and deeds in your construction contract? Listen now and get all the answers you need!
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:
(2:10) - We need to understand the difference between guarantees and deeds
(4:03) - If you're the parent company and you're trying to isolate your own risk, you're almost wanting to isolate yourself from that risk
(5:23) - I hate director's guarantees
(6:08) - Deeds are, it's a special type of prompts or commitment that indicates the most serious solemn indication that the executing party tends to do what they have promised
(7:59) - Director's guarantee, parent company guarantee, guarantees in general, and deeds are all telling you to take on more risk
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
This episode is a re-run. It was originally published in November 2022.
Not sure what to do when you’re asked to sign guarantees and deeds in your construction contract? Listen now and get all the answers you need!
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:
(2:10) - We need to understand the difference between guarantees and deeds
(4:03) - If you're the parent company and you're trying to isolate your own risk, you're almost wanting to isolate yourself from that risk
(5:23) - I hate director's guarantees
(6:08) - Deeds are, it's a special type of prompts or commitment that indicates the most serious solemn indication that the executing party tends to do what they have promised
(7:59) - Director's guarantee, parent company guarantee, guarantees in general, and deeds are all telling you to take on more risk
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
9 min