A Trick Used by Tier-One Contractors That Could Cost You [#ThrowbackThursday] | Ep. 314 from Construction Secrets

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Cian Brennan

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A Trick Used by Tier-One Contractors That Could Cost You [#ThrowbackThursday] | Ep. 314

9 minutes Posted Jun 13, 2024 at 1:00 am.

) This little trick or this little problem that your client oftentimes puts into your contract can really end up costing you

) Whatever state you're in, you need to make sure that if there is a dispute, where does it get resolved?

) You want to have the dispute clause to have an intermediate step that compels their senior management to sit down and have a meeting

) When you get into dispute, their biggest tool against you is restricting your cash flow, is not paying you, withholding cash

) Make sure the applicable law is a state that you're in

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This episode is a re-run. It was originally published in December 2022.

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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.

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