In episode 92 of The Subcontractors Blueprint podcast, host Jacob Austin discusses the practical implications of the Building Safety Act for subcontractors involved in high-rise building projects in England. The episode focuses on the two critical gateways that can impact project timelines and cash flow. Jacob emphasises the importance of understanding these regulatory checkpoints, preparing early, and sharing risks with contractors to navigate potential delays effectively. By adopting proactive strategies and maintaining open communication, subcontractors can better manage the challenges posed by the new regulatory framework and ensure project profitability.
KEY TAKEAWAYS:
BEST MOMENTS:
"These gateways could feel a bit like a boss fight with a bureaucratic giant shouting 'you shall not pass' until certain conditions are met."
"Gateway two has massive potential to hold up the start of construction. If that approval takes longer than expected, the whole project start is delayed."
"Measure twice, cut once, turning more into measure five times, and maybe cut next year if I get approval."
"Ultimately, the goal is to avoid disputes here, and you're going to do that by clarifying the risk up front."
"Communication and early planning are your best friends. There's no benefit here in fighting the system or sticking your head in the sand."
Jacob is on a mission to help the 1 million SME contractors working within the construction industry. If you've taken something of value from this episode, please share the podcast with someone you know, and pass the value on.
HOST BIO: Meet Jacob Austin, a Chartered Quantity Surveyor with a rich background at construction industry giants Balfour Beatty, Kier, and Vistry Group. With extensive involvement in education, health, and residential projects spanning various scales, from £1000s to £100M in concurrent developments, Jacob brings a unique perspective. Having collaborated with numerous small businesses, he's now committed to sharing his expertise to drive their success. Join Jacob on his podcast, where he blends his profound insights and personable approach to offer guidance, industry secrets, and inspirational stories.
LinkedIn - www.linkedin.com/in/jacob-austin/
Instagram - www.instagram.com/qs.zone/
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