Commercial management services covering the following:
Valuation of main contract and sub-contract works, issuing payment notices and payless notices
Valuing variation works (Main Contract and Sub-contract)
Sub-contract
Carry out pre-let meeting, type and issue pre-let meeting minutes for incorporation into the sub-contract document
Assist in drafting sub-contract including all numbered documents
Negotiate sub-contract and payment terms, attendances
Assist in sub-contract discount and price negotiation
Management of the collateral warranties process with client lawyer including ensuring all collateral warranties are signed by sub-contractors
Creation of a payment timetable
Get vesting certificates from sub-contractors where advance payment is applicable
Provision of advice on contractual matters, write to contractual correspondences, issue notices to sub-contractors
Prepare monthly cash flow forecast
Prepare and discuss monthly cost value reconciliation report
Final accounts – main contract and sub-contract
Carry out cost management with client Operation Management including challenging resources and costs
Correspondences with PQS, sub-contractors and suppliers
Involve in value engineering and design rationalisation process with SAB Operation team or Design Team
Procurement of packages that may be required but not covered within the procurement service agreement
Assist with commercial risk management
The provision of services will require attendances for site surveys, and attending various meetings with sub-contractors, suppliers and/or Project Consultants. All other works in connection with the Services will be undertaken at locations determined by the Consultant.
Various commercial templates (screenshots of templates – most are applicable) would be used as required, e.g. payment notice, payless notice, cash flow, pre-start meeting minutes, vesting certificate, variation works and tracker, cost value reconciliation, cash flow, etc.