Construction Contract Administration
This is perceived as perhaps the driest part of a renovation or rebuild, but is in fact one of the most financially critical. Architects can view this part of the job as one furthest from their core disciplines of design and documentations, and one that shows them the lowest margin. Builders are inherently commercial beasts, and it’s hardly a revelation to acknowledge that some can take an overtly commercial view on the existence and scale of a proposed variation during a project.
All In Project Management can administer your construction contract as part of a wider service involving prior feasibility and approvals, or can simply come on board after a contract with a builder has been signed and you simply need to ensure that all elements of the contract are being observed throughout the project.
Tasks within contact administration include, but are not limited to, the following;
- Identifying an appropriate shortlist of builders to tender for the project based on due diligence including known capability, local track record, price, quality and availability;
- Undertake a substantial, up-front risk workshop between the owner, architect, project manager and builder to identify and address each of the known project risks prior to the signing of the contract. This is one of the most critical elements of the contract administration, indeed the entire project management, process;
- Negotiate a delivery program, communication and meeting methodology and timing schedule;
- Review and approve progress payment claims;
- Coordinate project completion and defect rectification, project handover and statutory requirements post-completion.