If you already have signed Contract based on FIDIC Conditions of the Contract and you need Contract Administration Services, we are the right partner for you. Drafting and preparation of all related Contractual Correspondence is our area of expertise.
The Construction environment is full of risks. Therefore, proper identification of those risks is the difference between winning or losing profit. Contract Administration Services are one of the most important services on the Project. However, often we underestimate them. Only one thing is more expensive than not having Contract Administration at all. It’s having improper Contract Administration. Usually, Clients having improper Contract Administration Services can erroneously believe that they are entitled to a certain amount of time and/ or money. In case they decide to pursue their rights on Arbitration, such misconceptions can be very expensive.
Together, we can monitor and timely detect problems and issues on the Project, allowing you to take proactive steps to reduce the risks and increase profitability.
Maintaining proper Project Documentation is very important. Also, timely documentation of issues is the most effective strategy for mitigating risk. It can also shield you from back-charges, claims and other damages at the end of a project. If your Project force you to suffer cost overruns and time delays, your documentation is a prerequisite for potential recovery from the other Party.
However, sometimes it takes an outsider’s perspective, with objective experience to bring about the changes that are needed to ensure the success of your project and your company.
Types of Contract Administration Services we offer
We can provide you with Contract Administration Services depending on your requirements and preferences:
• Hourly consultations for your “acute” issues on the project
• The monthly contract rate for the duration of the project
If you have any questions or requirements, please do not hesitate to contact us.