What You Need to Know About Contracts With Mark Drury, Founder of Mark Drury and Associates LLC

Mark DruryMark Drury is the Founder of Mark Drury and Associates LLC. He is active in many construction industry associations and business and community groups, and he is also an advocate for construction workforce development locally and nationally in both the industry and academia. In addition to his role at Mark Drury and Associates LLC, Mark is the Chairman of the Board for the Montgomery County Workforce Development Board and the President of DC Students Construction Trades Foundation. 
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Here’s a glimpse of what you’ll learn:

  • Mark Drury talks about the importance of reviewing a contract
  • Mark describes his contract checklist and the process of communicating with the project management team
  • How can contractors with small businesses effectively review their contracts?
  • Where to find the subcontractor checklist

In this episode…

Signing a contract may seem like a simple step in the scope of a job, but it’s actually an extremely important process. So, what exactly do you need to know before adding your signature?

Signing a contract without thoroughly reading through it is one of the biggest mistakes a subcontractor can make. Mark Drury says that before you sign, you should have a statement of values and a process that is communicated to everyone on the project. And it shouldn’t just be one person reviewing a contract — an estimator, project manager, and someone on the executive level should read through the contract to ensure that it’s fair and reflects the initial bid. What other tips does Mark have for signing a contract?

In part one of Get the Intel’s American Subcontractors Association series, Chad Gill sits down with Mark Drury, the Founder of Mark Drury and Associates LLC. Together, they talk about best practices for signing contracts. Mark shares the do’s and don’ts of reviewing a contract, how to create a process for your business, and the resources that will help you through it all. Stay tuned for more!

Resources Mentioned in this episode

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