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Podcast: Construction Secrets
Episode: Avoid This Costly Contract Clause: Save Your Construction Business [#ThrowbackThursday] | Ep. 413
Description: This episode is a re-run. It was originally published in August 2024.This one clause can bankrupt a profitable project overnight.Consequential damages can make you liable for your client’s loss of profit, even when your own margin is razor thin.With 65% of construction companies facing unexpected claims averaging over $500,000, this risk is far from theoretical.In this episode, we break down why this clause is a silent company ender and how it shifts massive, unpredictable liability onto subcontractors....