In this video, I discuss the importance of having formal subcontracts with suppliers.
I explore why formal agreements are crucial for maintaining clear, effective supplier relationships. These subcontracts help define expectations, outline responsibilities, and set quality standards to avoid potential misunderstandings.
I help construction, engineering and consulting businesses create and negotiate clear contracts so they can achieve great project outcomes. I founded SoundLegal to help SMEs in the engineering, construction, consulting and light industrial sectors manage their risk to support business growth, by finding practical, common sense solutions to contractual and other legal challenges. Subscribe to the SoundLegal newsletter “No Jargon” to hear monthly business insights from me.
Are you worried about the indemnity provisions in your consulting contracts? Indemnity clauses can be tricky, but understanding them is
Ever felt nervous before signing a contract, whether for a new car, a home, or even a software update? You’re
Recently, a subcontractor asked me to comment on what they should be including in their payment claims. They had two
Australia’s remarkable success at Paris 2024 is epitomised by Cameron McEvoy’s first Olympic gold in the 50m freestyle. As an astrophysicist and mathematician, McEvoy’s unconventional, data-driven approach to training paid off, inspiring insights for contract managers. By leveraging data to identify risks, set realistic benchmarks, and create effective payment regimes, contract managers can achieve gold-standard outcomes in project management. Just as McEvoy refined his technique for Olympic success, using data from past projects can pave the way for more robust, future-focused contracts.
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