Subcontractor Bonds Webinar with Jonelle Oldacre March 25, 2021

Did you know that failure to properly negotiate a subcontract agreement, especially when bonds are involved, could cost a subcontractor thousands? A subcontractor should fully consider the implication of accepting a job that requires a bond and fully understand all of the risks involved in the agreement.

Subcontractors: Prepare Bids This Way to Protect Your Bottom Line

construction bids

Have you ever had the unpleasant—and costly—surprise of a general contractor putting additional job requirements into your scope of work? Fortunately, there’s a way to protect yourself: by preparing an itemized bid that lists exactly what you agree to do for the reflected price. Itemizing your bid and then thoroughly reviewing the subcontract before signing is the best way to be clear about your expectations and to prevent financial ruin from an unexpected work requirement. So—prepare your bids this way and protect your bottom line as a subcontractor.

The Myth About Liens That Subcontractors Shouldn’t Believe

subcontractor lien

The truth is that any provision in a subcontract that says you cannot file a lien is unenforceable. That means even if you sign a subcontract that states you cannot file a lien, you can still file a lien. Don’t let a general contractor convince you otherwise.

¿Qué acepta cuando firma un subcontrato?

subcontract documents

Como subcontratista, eso significa que su primera prioridad al considerar un trabajo es asegurarse de que comprende exactamente lo que está acordando hacer. Si no lo hace, corre el riesgo de una historia de terror de responsabilidades sorpresivas, multas y otros costos que pueden destruir su balance final o incluso dejarlo fuera del negocio.

Dangerous Contract Clauses Contractors Must Understand

The first rule about subcontracts is…there are no rules. Whatever you sign in a subcontract will be used against you. About this Event One of the most common details contractors miss is not looking at the additional documents the subcontract contains, but this is just one of the many things you need to look out […]

What are You Agreeing to When You Sign a Subcontract?

subcontract documents

The first rule about subcontracts is…there are no rules. Whatever you sign in a subcontract will be used against you. The prime contract, plans and specifications, and schedule are the most common documents in a subcontract, but be aware that there could be others. It’s up to you to find these documents and ensure that you understand them before signing the subcontract.

Construction Brothers: 65. Quit Getting Screwed (feat. Karalynn Cromeens)

Don’t Sign Your Company Away: Advice From Karalynn Cromeens Karalynn Cromeens joins The Construction Brothers on their podcast and dives into how to keep from accidentally agreeing to clauses that could potentially put your company out of business. Since contract language can be tricky, Cromeens points out exactly which parts can hinder your business and […]