Atlas Rock Solutions Ltd

Contracts and Risk Management

From contract selection, negotiation and formation through to collateral warranties and performance bonds, we can manage and implement precise commercial management to ensure you maintain full visibility and control of your businesses liabilities and risk exposure.

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Services

  1. Review of proposed contract documentation to advise on hidden risks, payment mechanisms etc.
  2. Review of Collateral Warranties and Performance Bonds
  3. Insurance policy review and management to ensure necessary cover is in place at commerically reasonable rates.

Claims Preparation and Management

Not all claims result in a dispute. The contract may entitle you to additional payment and time. However, it is far from a case of simply deciding this is the case and asking for it. In order for a claim to be successful, the party submitting the claim must first demonstrate their entitlement. They must set out whey they are entitled to additional time and/or money, supporting the claim with contract documentation, records and evidence of the facts, and a reasoned and logical explanation. Only when entitlement has been established and acknowledged can the submission and agreement to additional cost and time be considered.

What can we do for you?

The difference between a hastily submitted claim with no substantiation and a carefully considered and properly prepared claim is colossal. The fact of the matter is that the rate of success of professionally prepared claims is an order of magnitude higher. Not only this, but a properly prepared claim will be received better by the other party – they understand your reasoning and the facts of the claim, rather than simply dismissing it as ‘out of hand’ and spurious because they themselves are not aware of the facts. Especially where specialists works are concerned, it is important for the specialist to explain the details in such a way as they can be understood by anyone, not just another specialist.

We can work with your project teams to identify if you have a valid claim, and if so assist in compiling the necessary facts and information required to submit to your client/contractor in order to establish your entitlement to additional payment or time to complete the works. Also, we can compile costs and demonstrate the duration of any additional time to be awarded. Contact us to discuss any current or past issues you have.

Contact Us Today to Discuss Your Requirements

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