Managing risk with subcontractors in the construction industry
The construction industry is one of the most competitive sectors in Australia. Subcontractors perform more than 80% of the work in the Australian construction industry, and with that, comes a range of risks to contractors, developers and business owners.
This resource is a guide to understanding the risks that subcontractors can present in construction and the ways to mitigate them. We will cover three main topics:1. Risks involved in using subcontractors
2. Managing these risks – before, during and after the project
3. How CreditorWatch can help