Commercial and Quantity Surveying

CONTRACT STRATEGY REVIEWS

Working with the client team at project inception to facilitate the right procurement strategy and recommendation of the most appropriate form of contract and/or contractor selection taking into account the client’s organisation, in-house expertise and resources and ensuring that the client’s risks in respect of safety, quality compromise, programme and budget are mitigated. Rimkus has many years of experience as workshop facilitators and has the ability to bring the best out of the participants as well as adding expertise and judgement to ensure a successful outcome.

INVITATION TO TENDER PREPARATION AND TENDER MANAGEMENT

Drawing on our wide experience and in-house expertise, Rimkus can advise on:

  • Preparing invitations to tender
  • Management of the tender process, including one or two-stage processes
  • Collation of tender queries
  • Preparation of bills of quantities using our industry-standard software measurement package
  • Drafting contract documents utilising standard forms or the client’s own contracts such as NEC3, JCT, FIDIC, IChemE and ICE Conditions of Contract
  • Tailoring such contract forms to ensure clarity of scope and risk allocation

PRE-CONTRACT AWARD COMMERCIAL MANAGEMENT

Rimkus assists in the transition from tender to contract stage through:

  • Preparing tender evaluation procedures developed in close cooperation with the client’s procurement departments
  • Tender return, preparation of bid comparators, review of tender clarifications from bidders, and issue of clarifications to bidders
  • Utilising industry-standard software to analyse tendered rates in the adjudication process
  • Facilitating post-tender/pre-contract discussions
  • Tender commercial risk allocation and weighting
  • Negotiating with the tenderers on behalf of, or in conjunction with, the client
  • Preparing contract documentation and engrossment, including tender clarification addendum documentation

POST-CONTRACT AWARD COMMERCIAL MANAGEMENT

Drawing on our wide experience and in-house expertise, Rimkus can advise on:

  • Interim or milestone application assessment and certification
  • Variation or compensation event validation and valuation
  • Measure calculation
  • Project change control registration and management
  • Commercial data management for contractual purposes
  • Commercial risk managed within a change control process
  • Financial reporting of outturn forecast costs measured against budget
  • Defects identification and rectification

ACCOUNT MANAGEMENT AND SETTLEMENT

Utilising industry best practices, Rimkus can administer the project close-out on behalf of our client by:

  • Drafting and issuing statements of contractual final account
  • Releasing final retentions
  • Negotiating the final account
  • Preparing close-out reports
  • Compiling project costs for external third party audit or review

COMMERCIAL AUDITS FOR THIRD PARTY ANALYSIS

Rimkus’ broad construction commercial base enables us to offer our clients enhanced services, such as:

  • Commercial audits for third parties, including mergers and acquisition contract valuations
  • Project forecast cost outturn verification and contract process adherence verification
  • Asset management and register reviews and valuations

PROJECT AND CONTRACT DELIVERY STRATEGIES

Rimkus has in-house expertise in the provision of:

  • Constructability reviews, which clients have found particularly beneficial in their understanding of the risks contractors may be requested to price for in their tender bids
  • Appointment of ECI contracts
  • Project delivery strategies, which will deliver the project adopting the best engineering solutions
  • Facilitation of workshops to ascertain fit for purpose quality, while ensuring a ‘nocompromise’ philosophy on safety

CONTRACTOR PERFORMANCE ANALYSIS

The auditing of projects during or after completion to assess, analyse, and report on adherence to contract requirements in respect of performance against:

  • Specification and programme
  • Contractual processes and forecast outturn costs
  • Project quality standards and procedures
  • Safety
  • Use and application of key performance indicator methodology
  • Identification of risk and the management of an active risk register

CONSTRUCTION COST CONSULTANCY AND ADVICE

Impartial, specialist cost advice on the full scope of construction throughout the life cycle of various projects, including:

  • High-level strategic cost and feasibility advice
  • Procurement and contract cost advice
  • Cost management throughout the entire life cycle
  • Advising on finance and taxation issues
  • Property or portfolio valuation, undertaking in-depth evaluations and using the latest cost information and our in-house database
  • Detailed valuation reports for insurance purposes
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