Contracts and documentation advisory
Contracting is the backbone of the construction projects. Aspects such as risk mitigation, productivity, timely completion, profitability, cash flows, working capital, tax optimization, compliance, etc. are determined at contracting stage only basis the terms and conditions of the contracts.
Contracts pricing & delivery models, viz. EPC, Turnkey, EPCM, EPC+O&M, SITC, Lump-Sum/Fixed-Price Design & Build, Passthrough, GMP, Open Book, Cost Plus, Item Rates, DBFOT, BOT/BOOT, Annuity/HAM etc. plays crucial role for developer as well as for contractor.
How we help in contracting and documentation
We help in:
- Determining the best contract delivery & pricing model which may be win-win for developer as well as contractor.
- Drafting/reviewing contracts from commercial, legal, compliance, financial & tax angles to ensure risk mitigation and avoidance of contingent liabilities.
- Identifying the probable disputable areas / grey areas and plugging such blind spots through effective drafting / negotiation.
- Advising and assisting in preparation / compilation of downstream documentation to the contracts
- End-to-end contract management from tendering stage to completion till FAC and DLP
