How contractors can build success by building with contracts

Ever started a project only to realise halfway through costs were spiralling out of control?

You were so eager to get going there was one critical step you rushed – the importance of going over the contract with a fine-tooth comb.

Contracts might sound like a pile of boring legal stuff. But here’s the thing – contracts aren’t just a pain, they’re your lifeline.

Picture this: A well-written contract is like your insurance policy on a project. It stops those misunderstandings from turning into major disasters, saving you time, money, and a whole lot of stress. So, if you want your builds to run like clockwork, you gotta get savvy about contracts.

Ensuring Clarity from the Start

Sit Down and Sort Through the Price

  • Break down those numbers. Sit down, go through every number in detail, make sure everyone’s on the same wavelength. Ensuring clarity on costs from the get-go means you’re setting the stage for a project without financial hiccups.
  • Read the contract carefully! It’s protecting you too. Don’t see a contract? Well, it’s worth asking the architect to pull one together. And if all else fails, get guidance from a solicitor or your QS about what to do. This is to protect you. Spending a few quid to put this in place could save you thousands. 

Leverage Your Quantity Surveyor’s Expertise

Get Your QS Involved Early On

  • Your quantity surveyor (QS) is much more than a behind-the-scenes desk jockey. They’re the financial guardians of your project. A QS can catch those sneaky extra costs you might overlook. 
  • They’ll help you make sure the contract is airtight before you sign.
  • Boots on the ground matter. Get your QS onto the job site from the get-go. They can flag problems early on, letting you tackle them before they get out of control.

Finalising Specifications and Program of Works

Locking Down the Specification

  • Agreeing on a clear, detailed specification is crucial. It ensures everyone’s on the same page about what’s being built, eliminating the “I thought you meant…” conversations before they can start.

Crafting a Detailed Program of Works

  • Nail down the timeline. A well-planned schedule ensures smooth progress and coordinated efforts across the board. Fewer frustrating delays that knock your finish date off course.

You’re Ready to Break Ground! 

Everyone signs the contract, and bam, your project is off and running.

Pro Tips for Smooth Sailing:

  • Don’t be a speed demon. No one cares if you can read that contract in record time. Take it slow, reread it, and even get a second opinion (like from your QS).
  • Open communication is your best friend. If something starts changing, flag it fast, and update those changes in the contract too.

Contracts might not be the sexiest part of a project, but they’re essential. Take them seriously, and you’ll build strong relationships, stay on budget, and finish those projects right on time.

Whenever you’re ready, Carroll Estimating can help you manage all your QS work from tender bid to final account.

When you work with us, we become part of your team.

Start building profitably, confidently today with Carroll Estimating.