Commercial Management

initiate provide a comprehensive approach to commercial management:

Cost Management

Accurate cost management is important in shaping and managing construction contracts. Services include assisting in establishing a client’s requirements, advising on construction costs including whole life costs, preparation of cost estimates, provision of cost control and cost forecasts, provision of cash flow forecasts, and performing risk analysis and value management.

Procurement

The procurement process in construction is extremely complex and requires a detailed technical legal and commercial knowledge. Services include advising on procurement and contract strategy, preparation of bills of quantities and schedules of rates, preparation of tender documents, managing and analysing tenders, and managing award of contract.

Legal

Legal arrangements in use in construction range from standard forms contracts to bespoke project specific agreements. All need an expert knowledge of construction and construction law. Services include advising on an appropriate form of building contract, preparation of contract documents, advising on a range of legal and contractual issues, provision of advice on contractual disputes, acting as expert witness and adjudication and mediation.

Contract Management

Following award of contract there are numerous legal requirement flowing from the agreement which must be fulfilled. Services include contract administration, accurate record keeping, preparation of valuation of work done and certifying payments, valuing changes, and the preparation and agreement of final accounts.