Episode 43 - How to rank contract departures based on importance
In this episode of Tricks of your Trade, I'm sharing my tips for prioritizing contract departures when negotiating with your builder. Instead of getting lost in legal jargon and clauses, I take a practical approach to help you identify what's really important for your project.
Here are the key takeaways:
- Builders don't usually write their own contracts, so it's important to think about it in terms of risk management.
- Prioritize departures based on likelihood of occurrence, impact on the project, and negotiation currency.
- Focus on the specific needs of your project and spend your negotiation currency wisely.
Thanks for listening to the Tricks of your Trade podcast, and don't forget to tune in next time for more trade secrets!