A bad construction contract isnโt just a headacheโit can wreck your cash flow, lock you into risky commitments, and leave you exposed when things go wrong.
In this solo episode of Construction MFโers, Scott Peper breaks down the three critical contract elements every subcontractor needs to review before signing. These simple steps can be the difference between a profitable job and a financial disaster.
๐น๐๐ถ๐ฑ๐ฑ๐ฒ๐ป ๐ฅ๐ถ๐๐ธ๐ ๐ถ๐ป ๐๐ผ๐ป๐๐ฟ๐ฎ๐ฐ๐๐ โ Learn why standard contracts arenโt always contractor-friendly, and how payment terms, change orders, and owner disputes can create major risks.
๐น๐๐ฎ๐๐ต ๐๐น๐ผ๐ & ๐ฃ๐ฎ๐๐บ๐ฒ๐ป๐ ๐๐น๐ถ๐ด๐ป๐บ๐ฒ๐ป๐ โ Your schedule of values dictates when you get paid. Structure it to match your real project timeline and avoid funding gaps.
๐น๐๐ป๐ผ๐ ๐ฌ๐ผ๐๐ฟ ๐๐ถ๐ฎ๐ฏ๐ถ๐น๐ถ๐๐ โย If your contract doesnโt clearly define who covers change orders, delays, or scope issues, you could end up paying for work you never agreed to.
Weโve seen too many contractors sign first, regret laterโdonโt let that be you.
Before you put pen to paper, listen to this episode. Itโs a short investment that can save you thousands.
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ย https://www.linkedin.com/in/scott-peper-9387288/
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#construction #contract #casflow
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