Project Assistance | KPMG | IE

Project Assistance

Project Assistance

Risk assessment and monitoring, pre-contract assessments, and contract risk management.

Risk assessment and monitoring, pre-contract assessments, and contract risk management.

Risk Assessment & Monitoring

Risk assessment and monitoring, the most vital risk construction process, is dictated by events that occur before the construction works actually starts. It is therefore vital to afford appropriate time to the various parties to the contract to enable them to play their part in the process.

Engineering & Construction Group

Contracting practices are growing more complicated and few, if any, items have more impact on the cost of a project than the contractual arrangements. It is vital that each party understands their rights and obligations.

Do you need assistance finalising the legal requirements of a construction project? Do you require clarification on your contractual rights and obligations?

If the answer is Yes, KPMG’s Engineering & Construction Group can assist you.

Pre-Contract Assessments

Is the critical success of your project based on its timely delivery and are you certain that the proposed procurement routes suit this arrangement? Are you being asked to sign unfamiliar contracts or heavily amended contracts? Do you need someone to review the contract from a practical construction perspective i.e. with legal and practical construction knowledge? Are you being asked to provide collateral warranties, parent company guarantees (PCGs) or bonding facilities, but you don’t know the ramifications? Do you need your contract conditions drafted to reflect your practical construction risks? Do you want your contracts structured to assist you in achieving effective project management?

If the answer is Yes, KPMG’s Engineering & Construction Group can assist you.

Contract Risk Management

Do your sub-contract documents need to be adjusted to reflect special bespoke conditions in the main contract? Is your main contractor or, conversely, your sub-contractor taking longer on-site than was originally agreed? Are you confident that your project team is in control? Are you finding it difficult to get paid and need some external advice on how best to quickly recover the sums? Do you have a new contract that you are being forced to adopt and do you need to review your internal procedures to comply with it? Has your contract got strict time limits in relation to timely claims for money and time, and do you need to know how to administer these claims? Has your company grown, necessitating the need to update its construction contract control procedures?

If the answer is Yes, KPMG’s Engineering & Construction Group can assist you.

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