Our Contract and Commercial Management services compliment all of our other support services, however these are also available as a standalone service, which can be tailored to fit any of our clients’ requirements
Contract and Commercial Management is a vital component of the project management lifecycle to keep close control of the capital costs (CAPEX), operational costs (OPEX) and the project cash flow to ensure that the project whole lifecycle costs are in line with asset owners and clients expectations
Asteria-International has extensive experience in delivering projects utilising a multitude of contract types:
- FIDIC Form of Contract
- NEC Form of Contract
- EEC Form of Contract
- IChemE Form of Contract
- JCT Form of Contract
- Client Bespoke Forms of Contract
Asteria-International has a large cost database to reference labour, equipment, construction and commissioning rates that can assist with the production of initial project estimates. Furthermore, utilising our own inhouse cost planning software it enables us to share data easily with our clients in a clear and easy to read format.
Contract and Commercial Management are an integral part of our due diligence services.
Asteria-International due diligence role is to review the project, risks, organisation and the process rather than controlling it, and report any concerns to the stakeholders together with proposals for mitigating the risks.
Asteria-International typically review all of the contract documentation to ensure that the capital investment is protected at project inception. With regular visits to the site during the project lifecycle to confirm that the works are in compliance with the contract specifications and to certify interim and final payments.