CONTRACTS MANAGEMENT
We have qualified managers to understand and deal with contractual matters arising out of various standard forms of contracts such as FIDIC, JCT, NEC, ICC and also the modified versions (or own contracts) of different project owner. In-depth knowledge of contracts combined with wealth of experience in managing multi-disciplined construction projects, helps us in identifying, analyzing, preparing, and managing the contractual disputes on construction and engineering projects.
We can develop a wide variety of customized contracts, including contracts for design professional services, design-build, fixed-price construction, job order contracting, construction management, and project management to meet our client’s requirement.
CLAIMS, AVOIDANCE AND MANAGEMENT
WHEN construction disputes and/or delays occur, parties to Contract realise that a great deal is at stake. Contractor may loose heavily due to delays i.e., in terms of idling / running costs of construction resources and establishments during the extended period and also Contractor faces a risk of loosing huge amount, mostly up to 10% of the Contract Value, as Liquidity Damages imposed by Client to recover their losses due to the delays. Therefore, both parties need to protect their interest, and seriously from the beginning of the project.
Interestingly, potential claims and proactive claims management begin with bidding stage itself, i.e., through the queries of bidders and response/clarifications issued by the Clients, and the process continues through the change directives and correspondences during execution until project is completed.
Our team can assist the Clients/Contractors throughout the process right from tendering till handing/taking over of the project, and it is done by analyzing Contract documents, Contract Vs actual schedule, change directives, requests for information and pertinent correspondences. Identification of the key issues and determination of most appropriate interpretation of the Contract is required in a timely manner to deal with situation and arrive at early resolutions. Involvement of our experts can make a significant difference in the outcome.
If working on Client’s side, we can provide unparalleled guidance in avoiding, mitigating, and resolving construction claims of the Contractor(s). We assist clients in assessing and/or validating entitlement and quantification of damages to arrive at a successful resolution in an efficient and timely manner.
Whereas, if on Contractor’s side, our team provides ongoing support in assessing party’s entitlement and quantification of damages, logical supports and preparation of the claims, contractual and commercial negotiations with client to arrive at a successful resolution in an efficient and timely manner.