We have a good understanding of construction contracts and can advise you on the
best suited procurement strategy which is appropriate for your project.
Below we illustrate our approach:
Contract Practice (Pre-Contract)
Prepare indicative cost forecast in conjunction with the client’s budget.
Advising the client on the most suitable form of procurement and contract for this
particular project.
Preparation of contract documents and providing advice to the client with regards to
ascertaining the level of liquidated damages.
Providing advice to the client on the different payment systems e.g. monthly
valuations and retention.
Invite the most suitably qualified and experienced contractors to tender for the works.
Carrying out tender analysis and compiling a tender report advising the client with
regards to which contractor they should enter into a contract with.
Our Contract Administration services are broken down as follows (Post
Contract)
Conducting site visits to check the contractor’s monthly valuations; cross referencing
the percentage claim to the amount of work undertaken and reviewing on site.
Drafting and issuing monthly payment certificates in accordance with the contract and
notifying the client of any variations to the works.
Preparation of monthly cost reports – ensuring that the budget is adhered to and
providing cash flow forecasts.
Chairing monthly site meetings – Ensuring items to be completed by the relevant
parties are concluded including preparation and circulation of the meeting minutes.
Separate design fees with CA fees.
8-12% contract value