Large financial investments, lengthy time taken for completion and extensive involvement of
resources make the projects of construction sector vulnerable to considerable amount of
wastages and abortive works if proper contract administration procedure is not followed from
the onset. Improper contract/subcontract documentation, casual risk allocation,
non-definition of proper scope for each stakeholder are among the core causes as to why
projects end up in losses. In the worst cases, those may lead to abandonment of projects,
terminations of projects, and insolvency of organizations.
In order to avoid the aforesaid unfavorable results, it is essential to conduct independent
reviews to ensure the effectiveness, adequacy and appropriateness of the contract documents,
risk allocation and procurement & tendering process, financial management process, contract
administration process, change management process, claims management process, and dispute
avoidance & resolution process during the construction period as well as after the
handing-over. This helps the employers to identify and navigate through the vulnerable areas
of cost overruns and disputes in the future.
We support the employers by providing independent audits during the construction period and
post-construction period.