The Pain and Gain of Contracts Administration

You may not have considered Contracts Administration support in the past, leaving it to other project team members to fulfil this task in parallel with other tasks. You may have considered it in the past but felt that you couldn’t justify a full-time salary resource. Perhaps you already have Contracts Administration resources in place but need additional resources at times of capacity. Maybe you just need a fresh opinion. The value of outsourcing Contracts Administration is that you are investing in one of the most important elements of your project which, if done well can lead to improved relationships with your clients and suppliers and improve the outcome for you.

The pitfalls of poor Contracts Administration lead to companies spending significant money and effort at the back end of projects trying to address open issues. With so many construction contracts now becoming more complex and onerous, it is more important than ever to ensure that you strictly comply with the requirements of these agreements, including notifications, claims, variations to avoid potential issues with payment or compliance.

The best way to set yourself up for success is to be proactive and put the right resources in place up front to protect you in the event that things go wrong. If you are looking for a resource that can provide support in time of capacity or you just need to have a chat, feel free to reach out to Zero In Solutions. If you are a Client seeking to be an informed purchaser. We’ve been exposed to it all, whether it be PPP, BOOT, Alliance, Design & Construct, Construct Only, GMP, Managing Contract, Supplier Contracts or Special Purpose Agreements. We are experienced with all of the Australian Standard contract templates.

We offer the full spectrum of Contracts Administration services from upfront risk review assessments through to ongoing and as-needed support at any stage of your project.

At Zero In Solutions, we are experienced in supporting businesses by listening to and understanding your needs, providing you with a targeted response, offering highly skilled resources with the expertise required for your project that can support your team the way you require.

If you would like to have a confidential chat, please contact our team at info@zeroinsolutions.com.