menlo associates
London
One of the major risks in the performance of your construction contracts is the
risk of being late. Failure to correctly assess how long the job will take, not
only means your Preliminary and General costs may be far in excess of what can
be claimed; it also exposes your company to the substantial risk of Liquidated
Damages. The risk lies solely with you, the Contractor, since it is you, by way
of your Tender Programme, that advises the client how long the project will take
to build. This in turn becomes the yardstick by which your performance is
measured. Failure to programme the works correctly, means that the contract
period is often no more than an optimistic guess. You would never guess at how
much a job is going to cost, why would you guess at how long it’s going to take,
or how many people are required to build it? Especially when there could be
major damages at stake for late delivery. We can help. We can create a fully
optimised, comprehensively scheduled programme that ensures all works are fully
planned and resourced to maximise efficiency and reduce your risk of failure to
hit key contract dates. Contracts as a matter of course also encounter
unexpected events and changes in scope. These often impact the original planned
execution of the project and create changes to the build timing and methodology.
A correctly designed and executed programme greatly enhances your management
team’s effectiveness and efficiency in controlling the project and such events.
The programme provides them with the dynamic tools they need to immediately map
out and illustrate the effects of any changes and ensures that they can make
educated and informed critical decisions. It also provides the essential proof
of impact, required to support successful claims for extensions of time.