contract management
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Contract Management | Construction with confidence, transparency and complete control
Contract management is a new and transparent method of implementing construction projects, in which the project owner, instead of completely entrusting the work to a contractor, signs a contract with a contract manager (company or specialist) to carry out the project under her supervision, but using the experience, expertise, and executive network of the contract manager.
In this method, the owner pays the main project costs (such as purchasing materials, paying wages and other costs), but all implementation steps are carried out under the supervision and management of a contract manager. The contract manager, receiving a specific and transparent fee, is responsible for the implementation, coordination, cost and time control of the project.
The main duties of the contract manager
The main duties of the contract manager
Selection and contracting with subcontractors (electricians, builders, welders, etc.)
Purchasing high-quality and economical materials from reputable suppliers
Monitoring correct technical implementation, in accordance with plans and regulations
Control and update costs
Regular reporting to the owner on project progress
Handling legal issues, safety, permits, and communication with supervisors
When is contract management the best option?
If you own land or a project and do not have enough expertise or time to implement it
If you want to build a quality project with the lowest cost and the most control
If you value financial transparency, execution accuracy and regular planning
If you want to manage the investment yourself, but leave the implementation to a specialist
