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 Contractor Pre Qualification Application 2024-2025

2024-2025 Form

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[Music] hello i'm phil castell vice president and construction risk expert at hub international today we're here to talk about pre-qualifying contractors and subcontractors as a contractor trying to meet tight timelines and budgets building your firm's financial resilience is essential although many contractors overlook this step pre-qualifying your contractors and subcontractors will help you achieve this goal there are several critical factors to take into consideration when you're pre-qualifying contractors you want to start off by looking at their financials to make sure they're financially sound to engage in the work in your project you also want to take a look at the history of recently completed similar projects and make sure that they're qualified to perform the work that you have in mind you also want to take a look at any previous litigation or liens that they're involved with to ensure that they've got a good history of successfully completed

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