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In episode 83 of The Subcontractors Blueprint podcast, host Jacob Austin is speaks on the CIC BIM Protocol, crucial for managing Building Information Modelling (BIM) design processes in construction projects. Jacob emphasises the importance of understanding the protocol's structure, key clauses, and common pitfalls. He highlights the need for subcontractors to be aware of their obligations, the implications on their liability, and the significance of proper documentation and training. By mastering these elements, subcontractors can enhance collaboration, efficiency, and their overall success in the increasingly digital construction industry.
KEY TAKEAWAYS:
Introduction and purpose of the CIC BIM Protocol. Structure and components of the BIM Protocol, including key clauses. Importance of the BIM Responsibility Matrix for subcontractors. Obligations of subcontractors and employers under the BIM Protocol. Common pitfalls subcontractors face when engaging with BIM. Practical tips for subcontractors to effectively implement the BIM Protocol.BEST MOMENTS:
"The ultimate goal is fewer mistakes, better coordination, and clearer digital collaboration across the project."
This puts a clear obligation on you to actively engage in the coordination process, not just passively, to receive instructions."
"This is trying to give the members of the project the ability to rely on your data, but limiting your liability if they modify it or start misusing it for something beyond the project scope."
"The BIM process is incredibly useful and it's really collaborative, but it can also be really rigid."
"Ignorance is not bliss. Ignorance is going to get you a contra charge."
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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n episode 82 of The Subcontractors Blueprint podcast, host Jacob Austin is discussing the transformative impact of technology in the construction industry. He delves into Building Information Modelling (BIM), drones, and digital sign-off technologies, emphasising their potential to streamline processes, improve efficiency, and boost profitability for subcontractors. Austin offers practical advice on integrating these tools, such as designating team members to manage project information and leveraging digital platforms for better version control and communication. He underscores the importance of adopting these advancements wisely to enhance operations and stay competitive in an increasingly digital landscape.
KEY TAKEAWAYS:
Impact of technology on the construction industry Challenges associated with adopting new technologies Importance of centralised platforms for managing project information Practical tips for navigating digital tools and platforms Advantages of digital sign-off processes over traditional methods Need for strategic evaluation and integration of new technologies in operationsBEST MOMENTS:
"One report found projects using common data environments had a 20% shorter project duration and 30% lower overall costs."
"Drones can do these kinds of tasks in minutes, not only saving time, but improving safety."
"BIM isn't just a fancy 3D model, but a process that integrates design, quantities, scheduling, and programming into a shared digital space."
"No technology fixes a bad process, so you need to integrate these tools wisely."
"Embracing technology in construction can be a bit like going to the gym... stick with it and you'll come out faster, stronger, and maybe even wondering why you didn't start sooner."
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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Saknas det avsnitt?
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In episode 81 of The Subcontractors Blueprint podcast, host Jacob Austin is explores the distinctions between large and small construction projects. He advises subcontractors on tailoring their commercial strategies to different project scales, emphasising profitability, cash flow management, and contract comprehension. Jacob discusses the complexities and risks of large projects, such as high-rise buildings, versus the quicker turnarounds and steady cash flow of smaller projects. He also highlights the importance of internal capabilities, marketing, and risk management. The episode aims to help subcontractors make informed decisions about the types of projects that best align with their business models.
KEY TAKEAWAYS:
Adjusting commercial strategies based on project scale Timeframes for project completion and their impact on finances Complexities and risks associated with big versus small projects Cash flow management and profitability considerations Marketing benefits of working on large projects versus smaller projects Hybrid approach to project selection for financial stability and diversificationLink to the Cost Reporting Episode Mentioned in this Episode
BEST MOMENTS:
"The bigger and the more educated your client is, the more likely they are to try and tilt that contract in their favour."
You need to do your due diligence not just on the contract that you're appointed under, but on the client themselves that's going to pay the bills."
"Smaller projects might have less absolute risks. There's less people to impact if things go wrong, and that means less greedy mouths to feed when it comes to things like contra charges."
"Cash flow is really important to your business, so consider before you commit to doing a job that you can see it through to the end and remain financially stable."
"Don't be afraid to carve out a niche in one area if that's where you particularly excel, or perhaps maintain a smart blend."
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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This week's episode - 80 of The Subcontractors Blueprint podcast is a rerun of Episode 19, in which Jacob Austin discusses the topic of Value Engineering and Whole Life Costing. He starts by defining these two phrases which are widely used in the industry. He then gives some historical context to value engineering and how it has evolved into what we know today. Jacob highlights some interesting reasons behind particular materials being specified and how these may affect the implementation of value engineering. He also gives some practical advice on how to deal with value engineering requests, what to do to avoid the risks and ensure the full impact is considered prior to proceeding. Throughout the episode, Jacob imparts his industry wisdom to help subcontractors manage the value engineering process.
KEY TAKEAWAYS:
Value engineering is a process of buying the best performing product or output for the least financial outlay.When submitting value engineering options it is important to establish what is driving the selection of the specified products. Sometimes these are not obvious, and may come back to bite.If multiple performance requirements must be considered, they can be evaluated by the formula: Product Value = Function ÷ CostA full spec or datasheet for any products you propose should be submitted alongside the price and ensure that the contractor and their architect review it in detail prior to committing to changing.BEST MOMENTS:
"All it is is ripping out any value from a project and substituting it with cheap alternatives"
"In my experience how we implement it in construction is all to do with cost reduction"
"Sometimes the best savings can be quite radical"
"It just goes to show you never can tell what someone else is going to want and if you can, your skills are probably best employed somewhere else"
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 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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In episode 79 of The Subcontractors Blueprint podcast, host Jacob Austin is talking about aiming to secure work in a competitive market. Jacob tackles common bidding challenges, stressing the importance of crafting compelling bids that emphasise unique value propositions. He covers key topics such as writing effective bids by tailoring them to client needs and showcasing competitive advantages. Additionally, he discusses identifying and pricing risks through thorough risk assessments to prevent underbidding. Jacob also highlights the significance of tracking material prices and labor rates to stay updated on market conditions for accurate pricing. Furthermore, he advises using past experiences by leveraging data from previous projects to inform future bids and emphasises leveraging niche expertise to highlight specialised skills for a competitive edge.
KEY TAKEAWAYS:
Challenges faced by subcontractors when bidding for projects Importance of writing effective and tailored bids Utilising niche expertise to gain a competitive edge Leveraging past project experiences to improve bid accuracy The significance of showcasing unique value propositions in bids Identifying and accurately pricing project risksBEST MOMENTS:
"Winning a project isn't just about one job; it's about building relationships with main contractors and their project managers."
"Consider how each project can build your reputation, bring you more expertise, and help you strengthen your market position."
"Develop a standard tender checklist that should cover everything from reviewing the main contract conditions to the spec, the scope, and the program."
"Using past experience to inform your bids is vital; if you're not analysing that to refine your future bids, you're missing out on a huge learning opportunity."
"Bidding isn't about winning at any cost; it's about winning profitably and sustainably."
Link to the Cost Reporting Episode Mentioned in this Episode
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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In episode 78 of The Subcontractors Blueprint podcast, host Jacob Austin is speaks about the rising importance of sustainability clauses and environmental requirements in the construction industry. Jacob highlights the necessity for subcontractors to adapt their business models to meet these evolving demands while maintaining profitability. He discusses the implications of sustainability obligations in contracts, the benefits and challenges of implementing eco-friendly practices, and proactive strategies for subcontractors to address sustainability. By embracing sustainable practices, subcontractors can enhance their marketability, build stronger client relationships, and contribute to a more sustainable future in construction.
KEY TAKEAWAYS:
Importance of sustainability in the construction industry Transition from optional to essential sustainability practices Compliance requirements for subcontractors regarding eco-friendly materials Proactive strategies for subcontractors to implement sustainability Challenges associated with adopting eco-friendly materials Opportunities for subcontractors to innovate and differentiate in a competitive marketBEST MOMENTS:
"If you want to keep winning lucrative contracts, particularly for government or large commercial organisations, then you need to tackle and address these green obligations head on."
"The tricky part is ensuring the cost for complying with those requirements is in your price. If not, you could face unexpected expenses."
"Implementing green measures often forces you to optimise your own processes, be that reducing materials or thinking about lean construction techniques which can boost your internal efficiency."
"Sometimes eco friendly materials have longer lead. In times, maybe they're not manufactured as often, or they come from smaller, more specialised suppliers."
"You might look at sustainability as a burden, but if you approach it in a strategic fashion, it can be a powerful tool for you to differentiate yourself in a competitive marketplace."
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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In episode 77 of The Subcontractors Blueprint podcast, host Jacob Austin is talking about the pivotal role of effective communication in the construction industry. Clear communication is essential for subcontractors, impacting relationships, project success, and the ability to secure repeat work. He discusses key communication tools such as RFIs, site instructions, and daily diaries, highlighting their importance in managing risks and ensuring clarity. Jacob also offers practical advice on maintaining professionalism, fostering a collaborative environment, and addressing issues proactively. This episode aims to equip subcontractors with strategies to enhance their communication skills, ultimately leading to better project outcomes and stronger contractor relationships.
KEY TAKEAWAYS:
Importance of effective communication in the construction industry. Tools and practices for effective communication. Strategies for maintaining professionalism in communication. Fostering a culture of openness and respect within project teams. Proactive communication and planning to anticipate project needs.BEST MOMENTS:
"Communicating effectively can save you more time, money, and stress than most pieces of plant and equipment on site."
"Being the organised subcontractor who always communicates clearly goes a long way to help you secure repeat work."
"A well-structured communication system will reduce confusion and potentially friction between you and other trades or the main contractor."
"Nothing can kill your time and morale on a project like a well-toned paper war or chain of email tennis."
"The defects liability or the rectification period can be the point that makes or breaks the client's perception of a contractor."
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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In episode 76 of The Subcontractors Blueprint podcast, host Jacob Austin is talking about Contra Charges in the construction industry. Jacob explains that contra charges are common law mechanisms to address damage or breaches of contract, not punitive measures. He covers key points such as the definition and context of contra charges, common reasons they occur, and the burden of proof required for disputes. Jacob also provides practical advice on handling contra charges, including maintaining detailed records, requesting evidence, and negotiating settlements. The episode emphasises proactive risk management and collaborative solutions to mitigate the impact of contra charges on subcontractors.
KEY TAKEAWAYS:
Definition and context of contra charges in the construction industry. The burden of proof required for main contractors to justify contra charges. Practical advice for subcontractors on managing contra charges effectively. Emphasis on thorough documentation and communication throughout projects. Encouragement for subcontractors to be proactive in resolving issues to avoid formal contra charges.BEST MOMENTS:
"If there's a charge, the chances are they've had to arrange for corrective works, or they've incurred some costs due to a problem that you have caused."
"The JCT forms, for example, literally don't say the word contra charge."
"The contractor has got to establish that there has been something that you've done that's contrary to the contract, or perhaps you failed to do something that you are obliged to do."
"Consider a pragmatic settlement. If the amount seems fair, or if you know that your team was at fault, dragging out the dispute probably isn't going to help."
"Documentation is your best friend. Firstly, knowing what your order documents say. But then those site documents, the photos, the diaries, the email trails, your program and progress monitoring."
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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In episode 75 of The Subcontractors Blueprint podcast, host Jacob Austin discusses the crucial topic of extensions of time clauses in construction contracts. He explains how these clauses protect subcontractors from liquidated damages and help manage project delays. Jacob provides practical advice on the procedures for applying for extensions, identifying relevant events, and understanding the implications of concurrency and time at large. He emphasises the importance of timely notifications, comprehensive record-keeping, and effective communication. This episode aims to equip subcontractors with the knowledge to enhance profitability, improve cash flow, and ensure business growth.
KEY TAKEAWAYS:
Importance of extensions of time (EOT) clauses in construction contracts for subcontractors. Protection against liquidated damages due to project delays. Necessity of timely notification to contractors regarding potential delays. Importance of maintaining accurate and comprehensive records of delays. Procedures for applying for extensions of time and relevant events that justify them.BEST MOMENTS:
"Liquidated damages are actually quite useful because it puts a finite answer on what that cost is, so that you can manage the risk accordingly."
"The extension of time procedure and the liquidated damages themselves are there to avoid that messy process and help all parties manage the risk and understand where they stand."
"If the delay is a natural event, as in something like the weather or something that is in nobody's control, then you would be entitled to more time, but you wouldn't be paid for the time."
"When you realise a delay is occurring or likely to occur, you have to give a notice."
"The notice serves a valuable purpose; it allows everyone to investigate and take records whilst memories are fresh."
"Concurrency is really difficult to prove, and it is also genuinely quite rare for there to be two overlapping events with equal effects that run genuinely concurrently."
Link to episode 14 referred to in this episode: Episode 14
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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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/
www.qs.zone/all-links
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In episode 73 of The Subcontractors Blueprint podcast, host Jacob Austin addresses the topic of amending standard forms of contract in the construction industry. Jacob explains why these amendments are often necessary, such as adapting to new regulations or project-specific needs, but also highlights the potential risks and misunderstandings they can cause. He provides practical strategies for subcontractors, including early review of amendments, proactive negotiation, thorough documentation, and seeking professional advice. Jacob aims to empower subcontractors with the knowledge and tools to navigate contract modifications confidently, ensuring their interests are protected.
KEY TAKEAWAYS:
Reasons for contract amendments and their necessity. Potential pitfalls and risks associated with contract modifications. Importance of understanding the implications of amendments. Real-world examples illustrating the consequences of poorly drafted amendments. Importance of documentation and record-keeping during negotiations.BEST MOMENTS:
"Amendments can be double-edged swords; on one side, well-drafted revisions help ensure compliance with new regulations, but on the other, they can be misused to push maximum risk onto someone else's shoulders."
"Nobody likes doing extra paperwork, but getting things defined at the start of the job and setting clear expectations is the best way to procure a job."
"I want you as a subcontractor to be able to enter into agreements with your eyes open to what goes on."
"You don't want a situation where you started work and now the contract is saying, "Hold on, I can't pay you because you haven't signed my contract."
"Understanding what amendments are intended to do and how they can be misused gives you the ability to push back where it's appropriate and approach amendments with cautious optimism."
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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In episode 72 of The Subcontractors Blueprint podcast, host Jacob Austin provides an in-depth analysis of the JCT Standard Building Subcontract 2016. Aimed at construction business owners, the episode educates subcontractors on the critical components of contract documents. Jacob emphasises the importance of understanding these documents to minimise the risk you take on as a subcontractor. He covers key elements such as contract structure, clauses, and requirements, while also addressing the significance of accurate contract drawings and specifications. By demystifying these aspects, Jacob equips subcontractors with the knowledge to avoid disputes and ensure successful project execution.
KEY TAKEAWAYS:
Importance of understanding contract documents for subcontractors. The significance of accurate contract drawings and specifications. Role of contractor design portions and alignment with subcontractor proposals. Importance of health and safety documents in construction contracts. Strategies for interpreting contract terms and addressing discrepancies.BEST MOMENTS:
"It's like having a map in a maze. You still have to do the walking, but at least you won't bang your head into the same wall ten times before finding the exit."
"Get the contract right, get it signed, and get everyone clear before any heavy lifting begins."
"Clarity is key. And if you don't know what something means, get your RFI schedule going and ask questions about it."
"Clear documentation equals fewer disputes when everyone knows what they're supposed to do, when to do it, and how they get paid."
"Contracts shouldn't be something to fear. Think of them as a framework that, if used correctly, they protect all parties involved."
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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In episode 71 of The Subcontractors Blueprint podcast, host Jacob Austin addresses the pressing economic challenges faced by subcontractors, including rising material costs, labor shortages, and inflation. Jacob offers actionable strategies to ensure profitability and business growth despite these adversities. Key topics include effective cash flow management, strategic pricing, client base diversification, and efficient material and labor cost management. Emphasising the importance of strong contractor relationships, Jacob provides practical advice to help subcontractors navigate the current economic landscape and thrive. This episode is a must-listen for construction business owners seeking to bolster their operations during uncertain times.
KEY TAKEAWAYS:
Strategies for subcontractors to survive in an uncertain economic climate. Importance of cash flow management for profitability. Pricing strategies to balance profitability and competitiveness. Building strong relationships with contractors through communication. Proactive communication and feedback mechanisms with contractors.BEST MOMENTS:
"You can have a full order book, and you can still fail if cash flow isn't your best friend."
"Remembering to obtain the paperwork necessary to get your hands on retention at the right time is an easy but often overlooked issue."
"Pricing in uncertain economic climates is a bit of a delicate balance."
"Diversify your client base to mitigate risk in an unstable economy."
"Tough times don't last, but tough subcontractors do."
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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In episode 70 of The Subcontractors Blueprint podcast, host Jacob Austin discusses the topic of retentions in the construction industry. He explains that retentions are a financial safeguard for clients, ensuring project quality and timely defect rectification. Jacob outlines the mechanics of retentions, highlighting challenges such as delayed payments and unfair terms. He emphasises the importance of understanding contractual terms, documenting work, and maintaining communication with contractors. By proactively managing retention claims, subcontractors can secure their payments and foster better relationships. Jacob's insights aim to help subcontractors navigate the complexities of retentions effectively.
KEY TAKEAWAYS:
Definition and purpose of retentions in the construction industry. Mechanics of how retentions are applied and released. Challenges faced by subcontractors regarding delayed payments and unfair terms. Importance of understanding contractual terms related to retentions. Strategies for proactive management of retention claims.BEST MOMENTS:
"Retentions are a form of a financial safety net for clients. They're there to offer certainty that the works are going to be finished, and they're almost like an insurance for if defects or issues arise after the project is completed."
"There are rules that stipulate how retentions should be dealt with, which fall under part of the Construction Act. And one of the most important provisions of that is that payment to subcontractors cannot be tied to events in the main contract."
"Retentions are often misunderstood or even resented by subcontractors. After all, from one perspective, it's money that you've earned that's being withheld, and it can be seen as outdated or punitive."
"The key to getting your hands on them is to do what you're supposed to do, workwise, and be proactive about chasing up the release."
"Instead of pricing retentions, focus on ensuring your contract terms are fair and enforceable, and do your bit to get your hands on the money."
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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In episode 69 of The Subcontractors Blueprint podcast, host Jacob Austin talks about the transformative role of Building Information Modelling (BIM) in the construction industry, particularly from the perspective of quantity surveyors. Jacob explains how BIM enhances efficiency, collaboration, and accuracy in measurements and cost estimation. He emphasises the importance of adopting BIM to improve information flow, decision-making, and overall project outcomes. By consolidating project data into a single digital model, BIM fosters better coordination among stakeholders and reduces errors. Jacob encourages listeners to embrace BIM for its potential to revolutionise traditional construction practices and improve project efficiency.
KEY TAKEAWAYS:
Importance of Building Information Modelling (BIM) in the construction industry. Perspective of quantity surveyors on measurements and estimating. Transition from traditional methods to digital models for cost estimation. Support for facilities management through comprehensive digital models. Challenges in implementing BIM, including cultural shifts and technology barriers.BEST MOMENTS:
"BIM is about delivering construction projects more efficiently, doing what we said we would do in the way we said we do it, and hopefully by the time we said we'd do it too."
"BIM helps us to build the job before we build it, means we can get it right on the first day on the first try."
"This collaborative approach reduces inefficiencies, eliminates unnecessary waste, and improves the quality of the delivered asset or building."
"BIM can also help quantity surveyors stay aligned with design changes, ensuring that stakeholders are working with the most current information."
"Collaboration is key; BIM thrives in a collaborative environment and quantity surveyors, designers, subcontractors, contractors must work together to develop the model that works for everybody's needs."
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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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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In episode 67 of The Subcontractors Blueprint podcast, host Jacob Austin explores the crucial topic of bonds and guarantees in construction contracts. Tailored for subcontractors, Jacob explains the different types of bonds—default and on-demand—their purposes, and financial implications. He emphasises the importance of understanding bonding capacity and offers practical tips for managing bonds effectively. Jacob also discusses the significance of termination dates and parent company guarantees. This episode aims to educate subcontractors on navigating the complexities of bonds and guarantees, ensuring they protect their financial interests and thrive in the construction industry.
KEY TAKEAWAYS
Definition and function of bonds as financial instruments in the construction industry. Financial security and risk management implications of bonds for subcontractors. Process of obtaining bonds through insurance companies and banks. Financial implications and potential costs associated with bonds. Practical tips for managing bonds and guarantees effectively.BEST MOMENTS:
"Many subcontractors, in fact, might be more financially stable than the contractor themselves. Who's asking for that bond? And that's where understanding your options and rights around bonds can save you from taking on undue risk.
"A default bond, which is sometimes called a conditional bond, is a true performance bond. It's only triggered if the subcontractor, let's say you, fails to meet your contractual obligations."
"On demand bonds are typically more expensive as well due to the higher level of risk. Your bank might recommend one, but it's worth noting that this is the most onerous form of bond."
"Obtaining a bond can tie up a subcontractors financial resources, and that potentially makes it harder for them to fulfil the contract in the first place."
"Bonds can be modified to meet the needs of both parties, so don't hesitate to request changes if you feel certain terms could expose you to undue risk."
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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In episode 66 of The Subcontractors Blueprint podcast, host Jacob Austin speaks on the critical aspects of construction law, emphasising the significance of contracts for subcontractors. He provides practical advice on protecting your business from unwanted contractual risks by understanding contractual rights and obligations. Jacob highlights the importance of written contracts, outlines key elements that make them legally binding, and discusses various contract types. He also covers relevant UK statutes, common pitfalls to avoid, and effective dispute resolution methods. This episode serves as an invaluable resource for subcontractors navigating the complexities of construction contract law.
KEY TAKEAWAYS:
Key elements that make a contract legally binding. Relevant statutes influencing construction contract law in the UK. Differences between express and implied terms in contracts Common pitfalls subcontractors should avoid in contract agreements. Importance of maintaining accurate documentation for protection.BEST MOMENTS:
"There are three key elements which are the offer and acceptance, the consideration, and the intention to create legal relations."
"Written contracts have the advantage of clarity. They lay out terms like payment schedules, timelines, and specific deliverables, which leaves less room for misinterpretation."
"Simple contracts can be made in writing, orally, or through conduct, and they're typically enforceable for up to six years."
"Express terms are specifically stated, and express terms may include further terms by reference."
"Keeping documentation is one of the best tools you have for protecting yourself in a subcontract."
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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In episode 65 of The Subcontractors Blueprint podcast, host Jacob Austin covers the complexities of global claims in construction disputes. He explains what global claims are, their associated risks, and the importance of maintaining detailed records. Jacob provides strategies for both making and defending against these claims, emphasising the need for clear causation and accurate documentation. He also highlights key legal precedents and offers practical advice for subcontractors to protect their interests. This episode aims to equip construction business owners with the knowledge to navigate global claims effectively, ensuring profitability and business growth.
KEY TAKEAWAYS:
Definition and explanation of global claims in construction disputes. Importance of maintaining detailed records for claims. Legal principles and burden of proof in global claims. Strategies for making and defending against global claims. The role of causation and dominant causes in claims.BEST MOMENTS:
"A global claim lumps everything together and argues that the overall cost was caused by a combination of multiple events."
"The burden of proof is still on the claimant to show that the events they're claiming for actually caused the loss."
"A global claim doesn't give the other party a clear picture of what they're being held responsible for."
"The best way to avoid a global claim is to keep detailed records throughout the project."
"If you can break the chain of causation, the claim may fail altogether or at least be heavily reduced."
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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In episode 64 of The Subcontractors Blueprint podcast, host Jacob Austin explores the vital role of mediation in the construction industry, particularly for subcontractors. He outlines the mediation process, emphasising its benefits over traditional litigation, such as being less adversarial, faster, and more cost-effective. Key terms like BATNA, mediator, and settlement agreement are explained, alongside the mediator's role and the importance of confidentiality. Jacob also discusses the costs involved and potential outcomes of mediation, providing subcontractors with practical insights to handle disputes efficiently and maintain business health.
KEY TAKEAWAYS:
Overview of the mediation process and its advantages over litigation. Stages of the mediation process (introduction, information exchange, option generation, negotiation, conclusion). Confidentiality aspects of mediation and its implications for parties involved. Cost considerations for mediation, including fixed fees and potential savings compared to litigation. Potential outcomes of mediation, including settlement agreements and non-binding conclusions.BEST MOMENTS:
"Mediation works by bringing the disputing parties together with a neutral mediator who helps to facilitate communication and negotiation. The goal is for both parties to reach a mutually acceptable agreement without the need for a formal court hearing or proceedings."
"And here's the best part: nothing is binding until both parties agree and sign a written settlement. That means that you can explore solutions and take risks during the process, without the fear of being locked into something that you don't agree with."
"The role of the mediator isn't to decide what's right or wrong, or who's right or wrong, but to guide the process and help the parties reach a resolution in construction disputes."
"Think of the mediator as a master navigator. They aren't there to make decisions and tell you where you're going to end up, but they are there to help both the parties explore all the possible decisions and solutions, and guide them along the path that they choose."
"Mediation offers you a meaningful way to settle your construction disputes whilst avoiding the adversarial and lengthy procedures of litigation, and is even quicker and more cost effective than the construction industry's preferred method of dispute resolution adjudication."
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
- Visa fler
