Contract
Administration
Outsource administrative tasks and ensure seamless project success.
Useful for Builders, Sub-Contractors, and Developers.
Stay In Control and Don’t Let Any Profits Go to Waste
Construction projects are dynamic, with changes occurring constantly. Effective contract administration is crucial to staying on-top of the project by capturing any additional costs that arise from variation changes or preventing delay penalties from untimely submissions.
Contract Administration tasks can include:
– Pricing of additional work or variations.
– Reviewing & managing construction contracts.
– Timely submissions of Progress Claims & Invoices.
– Processing & reviewing sub-contractor invoices.
– Submitting time extension claims.
– Cost analysis of the on-site expenditure vs budget.
At Ninety3 Limited, their team of expert Quantity Surveyors manage these aspects meticulously, ensuring that contractors stay ahead of the project. Contractors can have full focus on the site management & efficiently organising their crews, leading to smoother and more successful project completions for their clients.
Failing to keep on top of contract administration throughout a project can lead to risks. These could include incurring delay penalties for not submitting documents on time; signing construction contracts that significantly disadvantage your party; Missing out on profits from unclaimed works; spending more cashflow expenditure than is necessary.
A Quantity Surveyor has the expertise and skillset to oversee these administration tasks which allows contractors to focus on the on-site build, whilst staying pro-active and in control of the project.
Pro’s of Outsourcing Contract Administration
Capture Additional Profits From Any Extras or Variations
Avoid Incurring Penalty Costs
Sign Construction Contracts with Confidence & Clarity
Invoice Effectively & Maximise Your Cash Flow
Reclaim Your Evenings Back – Outsource Your Admin
In New Zealand, many small businesses do not have the resource or luxury to hire a full-time Quantity Surveyor or administration assistant. This often forces small business owners to tackle these responsibilities during evenings and weekends.
Rushing through this work after hours can often lead to mistakes, leaving them vulnerable to penalties, signing documents that may disadvantage them, and potentially missing out on claimable profits.
A Registered Quantity Surveyor possesses the time and expertise to effectively handle contract administration tasks. By outsourcing this work, business owners can reclaim their evenings and pay only for the services when needed. This enables them to focus on their core business while ensuring that their administrative duties are managed efficiently and accurately.