Ensuring contract compliance on a financially challenging project

Our client is a one of the largest independent specialist MEP subcontractors in the UK and required us to provide quantity surveying and commercial services on waste to energy project in Yorkshire. The subcontract was a £7m bespoke agreement with a main contractor.

Our services

A key part of our role was ensuring that the project team remained compliant with their subcontract obligations. We undertook a review of the subcontract to understand those obligations and put in place processes and templates to track compliance against very short notice periods.

The financial performance of the project was strained, and we provided regular and accurate reports both to our client and our client’s client. For our client this included cash flow forecasts and monthly project reports which provided a financial snapshot and gave a view on the level of financial risk. For our client’s client, we provided applications for payment and a forecast final account.

The administration of sub-subcontracts was part of our services, and we worked with the project team to ensure compliance. We assessed, and gave advice on, sub-subcontractor applications for payment,
variations and delay claims. We led the resolution of numerous delay claims to the satisfaction of our client.

The outcome

We ensured our client remained contractually compliant on a very challenging and helped them manage both their financial risk and their financial outcome.

An important factor in achieving this was the relationship we built with the project team. We established excellent lines of communication, which meant that issues were raised with us, and our advice was both valued and relied upon by the project team.

Given the financial performance of the project, our impartial assessment of the financial outcome meant that stakeholders within our client’s business could make informed business decisions and, where
required, make interventions.