Client-focused, Proven Contract Management Methodologies
We help our clients maximise their profitability through effective implementation and execution of the contract management and administration function. Our exposure to major projects across Australia and New Zealand, has endowed us with years of experience, ensuring that no matter the challenge we have the knowledge and tools required to ensure our clients maximise their return on investment.
With our proven methodologies, we can provide effective early advice on how to set up and manage contracts to avoid (or pursue) claims and how to deal with disputes when they occur.
Whether a major resources project, transport infrastructure or an urban development, Verstand Group can provide you and your company with the assurance and peace of mind that your vision, goals and values are accurately reflected in the contracts used to engage others and the way such contracts are managed and administered during delivery.
- Contract reviews, including contractual and financial risk analysis and advice
- Audit of tender documentation and/or draft tender submissions
- Contract management training of the project team
- Introduction of new contract management approaches/methods
Post-contract:
- Preparation of contractual letters, claims, and contract variations
- Assistance with cost control and monitoring of progress (planned v actual)
- Audit and oversight of contemporaneous records
- Cost audit and mitigation strategies
- Claim (including quantum, delay & disruption) analysis, preparation and negotiation process support
Project close-out:
- Settlement of the final account
- Assist in dispute resolution
- Assist lawyers in compiling claim files
- Commercial settlement strategies and negotiations
- We develop effective governance and oversight throughout the contract lifecycle
- We proactively monitor contract compliance in real-time
- We ensure the effectiveness of operational and financial controls
- We prevent financial losses and mitigate risks related to contract non-compliance
- We promote transparency, accountability, and trust among third parties
Clients We Work With
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