Contract administration
Contract
administration activities include:
- feasibility cost estimates
- cost planning at design stage
- preparation of pricing documents for bill of quantity or activity schedules
- financial appraisal of options
- monitoring and control of costs
- production of interim payment certificates
- regular financial statements
- pre- certified payments to contractors
- cost planning at design stage
- preparation of pricing documents for bill of quantity or activity schedules
- financial appraisal of options
- monitoring and control of costs
- production of interim payment certificates
- regular financial statements
- pre- certified payments to contractors
Our pro-active approach to contract management means we can identify any potential concerns at the outset of a project, solve any arising issues, and provide ongoing advice and assistance.
Cost planning and estimates
The objectives are to:
- provide consistency to all estimate functions throughout the project
- involve stakeholders in preparing, evaluating and using the cost estimate to ensure all parties understand the
- involve stakeholders in preparing, evaluating and using the cost estimate to ensure all parties understand the
process, expectations,
desired outcomes and any associated risk
- provide estimates that consider all the financial and commercial aspects of the project so they can be easily
- provide estimates that consider all the financial and commercial aspects of the project so they can be easily
assessed and approved
- continually review and update the methods we use to produce estimates so that information is current and
- continually review and update the methods we use to produce estimates so that information is current and
relevant
- standardize formats so comparisons can be made between current and previous estimates
- standardize formats so comparisons can be made between current and previous estimates
Typical pre and post contract services include:
Pre-contract support:
- developing procurement strategies
- pre- budget estimates
- contractual advice
- business case preparation
- tender preparation
- cost estimates
- liaison with statutory authorities
- whole-life costing
- contract pre- qualification
- selection of tender organizations
- contract documentation
- bills of quantities and schedules of rates
- pre- budget estimates
- contractual advice
- business case preparation
- tender preparation
- cost estimates
- liaison with statutory authorities
- whole-life costing
- contract pre- qualification
- selection of tender organizations
- contract documentation
- bills of quantities and schedules of rates
Post-contract support:
- tender analysis and recommendation
- appointment of contractors
- progress monitoring
- payment certificates
- cash flow forecasting
- budget monitoring and variation orders
- measurement and agreement of works
- final account development
- pre- commissioning and commissioning
- hand-over and occupation
- claims and dispute resolution
- appointment of contractors
- progress monitoring
- payment certificates
- cash flow forecasting
- budget monitoring and variation orders
- measurement and agreement of works
- final account development
- pre- commissioning and commissioning
- hand-over and occupation
- claims and dispute resolution
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