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QS.Zone

@qs_zone

Helping you to navigate the pitfalls of your building project, house build or extension | Construction Expertise | Training |

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linkhttp://QS.Zone calendar_today21-06-2023 21:11:02

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💰"Cash is king," they say! Nowhere is this truer than in the construction industry. But what happens when that cash trickle slows down? In this week’s episode of The Subcontractors Blueprint I discuss #cashflow and the dire consequences of late payments on subcontractors.

💰"Cash is king," they say!

Nowhere is this truer than in the construction industry. But what happens when that cash trickle slows down?

In this week’s episode of The Subcontractors Blueprint I discuss #cashflow and the dire consequences of late payments on subcontractors.
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When I put this episode together, one thing stood out. The same scenario. Different subcontractors. Different projects. Same outcome. A financial cap that was there in black and white — and cost them anyway. Episode 137 of The Subcontractors Blueprint covers exactly this

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I've seen letters of intent expressed in a two-line email. I've also seen them run to a document that effectively introduces a full subcontract. That scope-gulf makes them hard to manage. But the same themes keep appearing. The same traps. The same assumptions that cost money.

I've seen letters of intent expressed in a two-line email. I've also seen them run to a document that effectively introduces a full subcontract.

That scope-gulf makes them hard to manage.

But the same themes keep appearing. The same traps. The same assumptions that cost money.