Hot take · 38:04
// THE QUOTE
“there's a saying whether the juice is worth the squeeze it's just gotten quite risky”
— Ian Boyd · Iron Maple Constructors
Strong opinion on P3 risk transfer eroding margins over time — credible contract-model candor; setup and payoff both present within the window.
Full episode at 38:04How to Start a GC on Relationships Alone: Iron Maple's Ian Boyd & Rene Cox on Risk, P3s, and the Atlantic Canada Construction Market ▸
THE LESSON THIS CLIP CARRIES
P3 contracts have become progressively less attractive as risk transfers pile onto contractors while margins compress — know when to exit a delivery model.
“when you lose money on a P3 you don't lose ten thousand or twenty thousand — those numbers are such a big multiple”
THE CHAPTER IT LIVES IN
Risk management, contract types and P3 lessons
35:00
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SOURCE: 38:04 of How to Start a GC on Relationships Alone: Iron Maple's Ian Boyd & Rene Cox on Risk, P3s, and the Atlantic Canada Construction Market