Posts filed under: Urban Bites

Urban Bites

Urban bites are quick read insights

The contract terms & the estimate are sometimes seen as unrelated documents; how often have you priced an estimate without reviewing the contract terms? The t’s & c’s can affect the price in many ways, for example: Contract dates –...
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Having the ability and knowledge to amend onerous and unfair clauses is one of the benefits of conducting a contract review. The other, is understanding your obligations and opportunities under the contract. If you understand what your obligations are, you...
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Signing a construction contract knowing there are elements which are unfair & may come back to bite you later isn’t the best way to start a project. You may say normally things works out – but what about when it doesn’t....
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Standard rates are great for getting tenders out the door quickly, but don’t take into account the peculiarities of the project being priced. You may win on some & lose on others – with the overall result being mediocre returns...
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We’ve had a few conversations recently regarding issues with claims. In all cases these issues could have been resolved or avoided if adequate contemporaneous records had been taken. Many times, records consist of a couple of lines in a site...
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Reading a contract that you don’t understand can be very over whelming & intimidating, coupled with the client pressuring you to return a signed contract, it can just be easier to sign & forget. However, in doing so you’re increasing...
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We typically work with construction contractors who have a turnover of between £1-£5m. At this stage you’re growing & taking on board larger projects for larger contractors. Which is great 😊 However be mindful that the larger you go the...
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Project reviews are valuable tools; done properly they’ll capture: What went wrong / right What you would have done better / differently Supply chain performance How the tender held up against construction Innovations in methodology / material use These are...
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Slashing prices & programme is never a good bid winning strategy. The price & programme you submit to the client should be your price best price to do complete the works & make a profit. Trying to compete against your...
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How often do you thoroughly review your contracts? This should be something you do every time. Getting your price right is one side of the equation ensuring that the terms to deliver the project are fair & achievable is the...
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