Contracts and commercial management

A construction contract sets deadlines, procedures and records that the project team has to follow while the work is going on. CEACM provides the contract administration and commercial management that keeps those obligations visible, so that decisions are taken with the contract in view.

What this covers

• Contract administration and correspondence
• Contractual notices and reservation of rights
• Instruction tracking and records of instruction
• Clause-based advice
• Contractual calendars
• Payment issues
• Commercial strategy

Deliverables

• Contractual correspondence system: drafting and review of formal letters, notices, responses and submissions.
• Notice log and contractual calendar: notice requirements, time limits and response periods mapped to dates.
• Instruction tracker: every instruction recorded with its reference, date, source and status.
• Clause-based advice notes: short notes setting out the options under the contract.
• Payment issues log: certification and payment follow-up.
• Commercial strategy note: where a decision is needed, the options with their commercial effect.

When to engage

• At mobilisation, so that the notice and records system exists before the first event.
• When instructions are arriving without a reliable record.
• When time limits are unclear or deadlines are being missed.
• Before a key commercial negotiation.
• When the project team has no dedicated contracts manager.