The concept of contract administration, also referred to as “contract management” is more or less self-explanatory. In the construction field it entails those activities associated with handling of the relevant contracts that dictate the project planning, commencement, execution, and all associated obligations and duties. There are various levels of involvement at different stages, which can be broken down as follows:

• Bid invitation
• Bid evaluation and application
• Contract award
• Contract implementation
• Measurement of progress
• Payment calculations
• Monitoring contractual relationships
• Addressing disputes in view of ensuring contractual expectations are met and exceeded
• Facilitating necessary contract changes when and if applicable

So, when it comes to contract administration from initial project budget planning, to drafting of bills of quantities, estimating building cost, and ongoing construction cost management – from project commencement to eventual completion – clients require the highest level of efficiency! This is where M Power Consulting comes in, yet again.

When you enlist our contract administration services, as a standalone service or as part of our blanket offering, you can expect complete peace of mind.

When you engage with us you will be able to rest easy knowing you have an expert on your team who is committed to understanding your contract objectives, protecting your project interests, and ensuring that your financial and other resources are effectively and efficiently managed.