SPECIAL EDITION FEATURING iFC
LEARNING WITH GRIT EPISODE: 9 

In a special edition of Learning with GRIT, Sean Pincus sat down with iFC for their Quick Tips series. He shared the best practices of working with a general contractor—proper preparation, risk and liability, communication, and cost overruns and delay prevention.

Tip #1—Proper Preparation Prevents Poor Performance

🔹GRIT was built on this important principle.

🔹It is important to provide the best information you can to your general contractor such as, documentation for permits, plans, etc.

🔹Well developed information will help your GC develop an accurate price.

Tip #2—Manage Your Risk and Liability

🔹Make sure your GC has the proper insurance to cover the project and all other projects they are working on concurrently.

📑 Contracts need to be ironclad for subcontractors, general contractor, and any other partners involved.

*** Obtaining release of liens from subcontractors to protect payments from Owner and GC.

Tip #3—Communication is Key 🔑 

🔹Before we start any project with our clients, we sit down and have an open dialogue to make sure their expectations are met.

🗣It is essential to have pre-construction meetings, including on-site meetings to make sure all parties fully understand the ins and outs of the plan.

❗️Make sure you are getting the communication you want—daily, weekly, or monthly.

Tip #4—Prevent Cost Overruns and Change Orders

🔹Proper preparation is essential for a successful project.

🔹Review plans with your GC. 

*** Become an expert of your plan. 

❗️This is a game changer because it will prevent from having to make field changes as you progress through the project that will cause delays and cost overruns.

For the full interview: Quick Tips with Sean Pincus