• Sub-Subcontracting - A Subcontractor's Guide To Sub-letting Your Work

  • Nov 12 2024
  • Length: 21 mins
  • Podcast

Sub-Subcontracting - A Subcontractor's Guide To Sub-letting Your Work

  • Summary

  • In episode 68 of The Subcontractors Blueprint podcast, host Jacob Austin provides construction business owners with essential strategies manage sub-contracting their own work. Key topics include contractual obligations, quality control, payment structures, communication, and risk management. Jacob emphasises the importance of clear communication, robust contractual protections, and diligent oversight to maintain compliance with main contractor expectations.

    KEY TAKEAWAYS:

    • Establishing effective communication channels between main contractors and sub-subcontractors.
    • Strategies for ensuring quality control and compliance with industry standards.
    • Managing materials and payment practicalities, including retention of title clauses and avoiding factoring.
    • The significance of regular check-ins and open dialogue to maintain project alignment.
    • Managing project timelines and addressing potential delays with clear clauses and penalties.

    BEST MOMENTS:

    "When you, as a subcontractor working for a main contractor, decide to engage a sub subcontractor, it's essential to ensure that relevant terms from the main contract are passed on downstream."

    "You also need to transfer program requirements, but also be mindful that in construction, it's common to see program requirements shift due to unforeseen circumstances."

    "Moving on to payment structures. One critical factor in managing your sub subcontractors is setting fair but protective payment arrangements to maintain cash flow."

    "One thing that you have to be really clear about, if you're managing sub subcontractors, is maintaining a clear communication boundary with the main contractor."

    "Consider developing a quality checklist tailored to the specifics of the sub subcontract tasks and sharing it with them as part of the inquiry."

    Jacob is on a mission to help the 1 million SME contractors working within the construction industry. If you've taken something of value from this episode, please share the podcast with someone you know, and pass the value on.

    HOST BIO: Meet Jacob Austin, a Chartered Quantity Surveyor with a rich background at construction industry giants Balfour Beatty, Kier, and Vistry Group. With extensive involvement in education, health, and residential projects spanning various scales, from £1000s to £100M in concurrent developments, Jacob brings a unique perspective. Having collaborated with numerous small businesses, he's now committed to sharing his expertise to drive their success. Join Jacob on his podcast, where he blends his profound insights and personable approach to offer guidance, industry secrets, and inspirational stories.

    LinkedIn - www.linkedin.com/in/jacob-austin/

    Instagram - www.instagram.com/qs.zone/

    www.qs.zone/all-links

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