“Finding the right subcontractors protects us from unwanted struggles down the road.”
How do you pre-qualify your subcontractors?
- Do you have a system? Get one.
- At minimum a spreadsheet with key data like insurance, revenue, project size, bonding, etc.
- Have approval guidelines for awarding subcontracts
- The right fit
- Subcontractors are extensions of our brand – make sure they fit
- Interview them to make sure
- Are they someone you want to grow with?
- Tracking and advancing
- You need to track their performance
- Just like our clients – build to strategic partners
- Work at building trust and understanding
Managing subcontractors is a part of our business and a glimpse into our company culture, be sure to do it right.
Create a pre-qualification system
Review your current subcontractors
Monitor and track subcontractors
Create strategic partnerships