Few issues are as critical to the business of construction as tendering. After all, unless you land the work how long can you stay in business? When it’s all or nothing – win the job or sit out the season – experience is a tough teacher. Most survive by learning how to play the game, but in order to do that you have to understand the rules.
Issues arise with every construction. But what separates the projects that complete successfully from those mired in litigation? Whether it is early intervention to nip catastrophe in the bud or proactive management before problems arise, there are some easy guidelines you can follow to minimize risk.
Most in the industry avoid liens at all cost, but too often that cost falls on those who the lien was intended to protect. By clear communication and compliance with the legislation from the outset, fallout can be contained without sacrificing the underlying intention to protect people at risk of never being paid for their work and materials.