Proper contract management is an integral part of any construction contract. Contemporary resolution of conflicts must be the goal of each contract avoiding long processes of contract closure for pending claims / disputes.
Disputes between the parties whether for claims in a contract or the change orders by the Client must be resolved as soon as possiblein order to minimize the impact on the project. It is a known fact that the late resolution of a conflict has as consequences cost overruns for the project and delays in the construction.
Disputes are generated between the parties not only in regard to the validity of the claim, but also with regard to the quantification of the claim.
I&PM Consulting Services provides the services related to contract management for a Client or Contractor differentiating between the following service alternatives:
- Continuous contract management during the execution phase
- Identification, preparation, quantification or advice of specific claims
- Analysis of contractual technical risks and development of mitigation measures