This would make for a great Halloween blog: It’s no treat to finish other companies’ construction projects. And being politically correct when dealing with another construction professional’s mistakes is tricky.
You may be finishing up for a competitor, but you’re also dealing with the work of a company that may be a future partner or source of more work. And if it happened to them, it might happen to you someday.
You literally don’t want to burn any bridges here.
Taking On Construction Projects Halfway Through
What happens when you’re asked to take on construction projects halfway through? The first question to ask is, “Why?”
Relationship conflicts, disagreements, job conditions, financial issues, personal emergencies, or unforeseen circumstances can lead to a general contractor or subcontractor leaving a project midstream. If you’re the replacement, it’s important to know why they left.
Look Before You Leap
It’s a bit of an ego-trip. Everyone wants to be “The Wolfe,” the prestigious problem-solver in Pulp Fiction. Don’t let the initial excitement of landing a new project cloud your judgment. If you do, you could wind up with the same issues as your predecessor.
- If the first contractor was overwhelmed, that’s something you can manage.
- If money was an issue, it might not have been the general contractor’s lack of money. It could be a delinquent client.
You also need to know exactly how much money is available for the scope of work you inherited. “You may get in and think you have $1 million of work to do, and the bank may think you have $100,000 of work to do,” said Michael Rune II, Carlton Fields P.A.
Are There Do-Overs?
Your contract should specify the work that remains as-is, work to be completed, and itemize any crossover work. If you’ll be responsible for the quality of any scope of work, make sure it’s your work. You don’t want to assume 100% liability for 10 percent of the contract price, Rune continued.
If you’re taking on another company’s construction projects, the bottom line is how much you’re willing to risk to turn a profit. Only you can decide.
Other Construction Projects Impact Your Business
Construction industry businesses know what’s important to business development. You should be regularly evaluating your competition, seeking alignment with other companies’ construction projects, finding mentors, or nurturing startups.
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