05/04/2022
Imagine what slips under the radar?
When you are tendering a project or works, there will be many things you are aware of to consider...
..and to assess what impact this has on your costs, so you can make adequate cost allowance.
You probably feel pretty comfortable, and possibly a bit nervous, when undertaking this task, as if you secure this work, you think you can make a tidy profit.
BUT there is an issue. How do you price the things you are not aware of?
AND being more specific, how do you adequately price if you don't know the terms and conditions of contract?
This would include payment terms, retention % and payment, your insurances, your liability, the scope of works and how this can be varied, your liability, what happens if you complete the works late, circumstances entitling you to suspend work due to non-payment, and many many more crucial matters which influence your pricing and cashflow.
I would say, you still can price, BUT this nothing short of guesswork.
So, if you are a Subcontractor Owner who doesn't really understand the contract terms and conditions you are agreeing, for whatever reason.
Then by becoming more aware of contract terms and conditions applicable to the works you do, will enable you to make more effective informed decisions which directly impact you and your business...
Click https://rcl.ink/FNyj7 for Contracts Unmasked and take the first step of becoming more aware and take back control, leaving the guesswork for your competitors.
DISCOVER how to confront the murky world of contract terms and conditions before the abyss of uncertainty wreaks havoc in your business.
