By Grady Dotson

When the recession started in 2007-08, general contractors faced a new reality in managing the risk level on their jobs. Whether the risk was caused by thin margins or subcontractors closing their doors, nobody wants to re-live that difficult time. Some of the lessons learned about managing subcontractor risk can and should be continued, even during good times. Subcontractor risk is always there but sometimes it can be hidden when there is a lot of work.

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