Turnkey fixed price during Corona or cost increase?

  • Erstellt am 2021-04-17 12:30:08

ypg

2021-04-18 09:46:06
  • #1

As long as it is only general information, everything is still fine. It would have been different if you had to sign something else. That would have given the company a free pass...

They are obliged to provide such information.
At the moment, it is actually not known whether a lockdown will also affect craftsmen.

No, but if they come with that, I would clarify with a construction lawyer what to do.
 

BackSteinGotik

2021-04-18 09:47:51
  • #2


One then also has to ask why buyers in the USA and China are suddenly so much more liquid than German buyers. The transport price and time are also factors. Getting a container will already be difficult, and the price for it has also risen significantly. The transport price definitely seems to be in the same order of magnitude as the goods. All very strange.
 

Isokrates

2021-04-18 18:31:16
  • #3


In the balance sheet, that the (equity) capital is on the right side (liabilities) and is as large as possible. On the asset side (left), it should not be dominated only by receivables. It would be good if land and buildings are present in a decent amount.

Look in the commercial register who are the shareholders, managing directors, and possibly authorized signatories.
It would be good if 100% does not belong to one person, and this person is also the only managing director and no one else has power of attorney.
Single-person GmbHs are usually dissolved faster than if several people are involved.
 

berny

2021-04-18 18:42:47
  • #4
That can somehow work if necessary, I know that, I also come from the bottom, had to drive a 5-series for years ...
 

Acof1978

2021-04-19 08:25:31
  • #5


I wouldn’t agree with that. For example, in our hospital network, there is a rehabilitation clinic (yes, a different industry, etc.) that has been making losses for years, if not decades. It is kept alive because: a) fixed costs can be covered with it. These costs remain even if we close it. b) it belongs to the portfolio and one wants to offer the complete package. From ventilation -> rehab.

If the builder now makes losses or no margins, he will not immediately shut down. Because with that he can at least cover the fixed costs and part of his variable costs. Better than looking for a new customer now. Planning phase, etc. takes time.

Now let’s think the other way around. The client loses their job, gets a new one but it pays 10% less. Does the builder say: "We will now reduce the price by 10%"? Just as the client carries a financing risk, the contractor should bear the entrepreneurial risk. And I also assume that if a fixed-price contract is signed, the general contractor secures prices and materials at the latest the next day.
 

Hausbauer2021

2021-04-19 08:37:55
  • #6

Thank you, I have looked it up but I still find it difficult to interpret because I don’t know how much is considered “a lot.” The provider we have chosen has equity of about 200,000, receivables of about 250,000, but current assets of 3.3 million. How can I evaluate this now? Unfortunately, I can’t send a PA yet, otherwise I would have asked you directly.
 

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