Contract Administration Services
21 January 2025Don’t let contract administration services confuse you. Here we explain how they ensure you maintain control over your projects’ finances and timeframe.
Contract Administration Services Explained
If you have a set budget and timeframe to complete planned alteration, extension, or refurbishment works, a Contract Administrator (CA) can help. They manage costs and time overruns, ensuring your project stays on track.
As standard, the CA service includes a detailed Materials and Workmanship Specification, Schedule of Works, and Contract Preliminaries. These essential documents are sent to skilled contractors who price it competitively.
Returned tenders are carefully reviewed to identify anomalies or inflated costs. Contractors are given a chance to revise estimates, ensuring the most competitive pricing possible. This process can save clients thousands of pounds.
The successful contractor is appointed on the client’s behalf under a JCT Building Contract.
Once on-site, the CA approves payments only for work properly completed. This prevents financial risks, such as forward funding a project, which could be disastrous if a contractor fails.
The CA also oversees the project timeframe. A schedule is agreed upon at the start and only extended through a formal Extension of Time Certificate. This happens only due to genuine variations or ‘special perils’ under the JCT Contract.
Financial penalties also apply if the contractor fails to finish the project on time.
If you have a building project on the horizon, and want to maintain control over your budget and schedule, contact our team.
Get in Touch
To speak with a member of the TCL team, call 020 3176 0029 or email info@tcl-surveyors.co.uk.
Get in Touch
To speak with a member of the TCL team about our services,
simply give us a call on 020 3176 0029, or email us at info@tcl-surveyors.co.uk
