Framework · 29:59
// THE QUOTE
“can they say that they're going to pay us in eight months as opposed to 28 days”
— Giovanni Cautillo · Ontario General Contractors Association
The 48-hour sub price-guarantee vs nine-month tender validity contradiction — a hard-edged contracting insight that any GC will nod at, fully self-contained.
Full episode at 29:59How an Association Beats Brutal Construction Contracts (OGCA President on Tender Risk & the Labour Gap) ▸
THE LESSON THIS CLIP CARRIES
Long price-validity periods raise bids because subs only hold pricing about 48 hours; shorten validity to attract bidders and better pricing.
“we are as contractors are only getting uh price guarantees from our subs for up to 48 hours”
THE CHAPTER IT LIVES IN
Focusing on the small contractor and closing
28:24
Clips like this, every two weeks.
SOURCE: 29:59 of How an Association Beats Brutal Construction Contracts (OGCA President on Tender Risk & the Labour Gap)