In the construction environment, parties to a contract often fail to draw a distinction between variations and contract claims. That’s where we come in.
We offer both on- and off-site assistance with all issues relating to the commercial running of a contract. This may be on a once-off basis, on a full-time, day-to-day basis, or consist of regular site visits. Service levels can be tailored to specific contract circumstances and our clients’ requirements.
The responsibilities of a commercial manager are greater than those of a quantity surveyor. Before a project even commences, commercial managers support the bidding process (including the review of terms and conditions, risk assessment and negotiations). Once the project has begun, they oversee the financial management, which involves controlling budgets and any costs involved in construction activities. Proper interrogation of cost and revenue reports is required to identify areas of gain or loss when reviewing elements of the contract price, thereby highlighting areas of increased or reduced risk and the requisite level of management.
Kingsbourne have experience in negotiating agreements and contracts with employers, contractors, subcontractors and suppliers.
Commercial managers use their extensive knowledge and professional experience to develop and operate strategies to maximise project revenues and cashflow. They agree and deliver an effective commercial management strategy with project and client teams, and assist colleagues with advice and contractual support for project issues.
Kingsbourne was founded in 1990 and specialises in all aspects of construction law, claims and dispute resolution.
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