Proper execution and administration during pre-contract stage of a project are equally important as the administration of contract during post-contract stage to avoid conflicts and disputes in a project. If you are an employer/developer or a consultant, this can be achieved through selection of proper procurement strategy, cost planning and controlling during the pre-contract stage, selection of suitable conditions of contract and preparation of comprehensive tender documents.
Nowadays, tender documents are being prepared in a way that majority of the project risks are directed downward the supply chain. Many contractors, subcontractors, or suppliers enter into legally binding contracts without realizing the hidden dangers of such risks at the outset. Consequently, parties struggle during the execution stages to comply with their agreed obligations or liabilities, which can give rise to commercially vulnerable situations later on. This is when you as a contractor or subcontractor or supplier require ARCHWAY’s expertise.
ARCHWAY provides a wide range of pre-contract quantity surveying and contract services to the stakeholders of projects and helps them manage potential risks. Our experienced team advise developers to implement the most suitable procurement strategies to achieve a workable solutions within the given constraints by analyzing and prioritizing the requirements of them. The involvement of the Archway’s expert team can be further extended to preparation of preliminary cost estimates and detailed cost plans along with cost controlling process for the development until the end of tendering stage. Furthermore, ARCHWAY'S experts are ready to help you in managing tendering process on behalf of the developer or the consultant by acting as a Procurement Agent followed by tender evaluation.
ARCHWAY provides comprehensive appraisal of the tender documents to analyse risk allocation in such documents and forms of contract as well as interpretation of terms in order to advise through preliminary tender reports followed by detailed reports explaining the terms for negotiation and advice for mitigation of hidden risks.
ARCHWAY prepares bespoke condition of contracts or provides
advice to select the most suitable standard conditions of contract with necessary amendments
for contracting with subcontractors and suppliers. In this process, our expert team will
ensure proper apportionment of risks by allocation of risks to the parties best placed to
absorb or mitigate those.
Our in-house experts possess thorough understanding and in-depth experience of many standard
conditions of contracts such
as FIDIC Fourth edition, FIDIC rainbow edition,FIDIC 2017 suit, NEC, JCT, AIA, ICTAD, etc.
and are well competent in administrating
bespoke conditions of contracts.