Why Families Hate Construction Risk More Than Market Risk
Family offices will tolerate significant market volatility but avoid construction risk obsessively. The asymmetry reflects how they experience loss differently.
What makes modular contracts different from traditional construction agreements?
Standard construction contracts don't work for modular. Payment terms, risk allocation, change order procedures—all of it needs to be rethought for factory production.
Topics covered:
- Why traditional draw schedules don't fit modular cash flow
- How to structure milestone payments that align incentives
- Risk allocation for transportation, damage, and delays
- What your factory contract should (and shouldn't) include
For developers and legal teams negotiating modular contracts.
Built Different is produced by Spring Street Management Group. New episodes drop weekdays at 6 AM Pacific.
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