In episode 74 of The Subcontractors Blueprint podcast, host Jacob Austin kicks off 2025 by guiding subcontractors through the intricacies of the JCT (Joint Contracts Tribunal) standard building contract. Jacob raises key topics including notices, handling provisional sums, and the timing of variation quotations. Jacob also stresses the critical nature of prompt notifications and meticulous record-keeping. By fostering clear communication and collaboration, subcontractors can navigate contractual complexities and achieve successful project outcomes. This episode is a must-listen for construction business owners aiming to enhance their financial success.

KEY TAKEAWAYS:

• Overview of payment structures under the JCT (Joint Contracts Tribunal) standard building contract.
• Handling of provisional sums and variations in contracts.
• Importance of proper documentation and communication.
• Valuing variations and establishing fair rates for new work.
• Emphasis on collaboration between subcontractors and contractors for successful project outcomes.

BEST MOMENTS:

"Reading clauses on payment can feel about as fun as a trip to the dentist. But this is about the most important part of the subcontract."

"From a subcontractor's perspective, having a good site record and keeping a watchful eye on your productivity is essential as well as a detailed remeasure of the finished job."

"For defined provisional sums, the tender documentation must provide enough detail about the nature, location, and the requirements of the item."

"If you are being delayed or disrupted, you have to notify the contractor promptly. This is a warning to tell them, look, something's going wrong."

"A collaborative approach is the best way when it comes to construction. We're all usually trying to build something in challenging situations."

"The subcontract entitlements that we've discussed today are a framework to underpin that collaboration rather than work against it."

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/

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