Contract Management.

We help you manage your contracts through the lens of every stakeholders.

Procedure and Guidelines Development

Developing or refining contract management policies, procedures, and guidelines aligned with industry PSA, JOAs and regulatory requirements. Establishing clear roles, responsibilities, and governance structures for contract management stakeholders.

Compliance and Regulatory Assurance

Ensuring compliance with legal, regulatory, and contractual requirements throughout the contract lifecycle. Monitoring changes in regulations and industry standards to ensure contract compliance and mitigate compliance risks proactively.

Contract Administration, and Perf. Monitoring

Implementing systems and tools for tracking contract milestones, deliverables, and performance metrics. Conducting regular reviews and audits of contract performance, identifying deviations, and implementing corrective actions as needed.

Change Management and Variations

Managing contract changes, amendments, and variations in accordance with established change control procedures.Assessing the impact of contract modifications on scope, schedule, cost, and risk, and communicating changes to relevant stakeholders.

Contract Assessment

Conducting a thorough assessment of the client's current contract management practices, including processes, systems, and challenges. Identifying specific areas for improvement and opportunities to enhance efficiency, compliance, and risk management.

Contract Risk Assessment and Mitigation

Conducting risk assessments to identify potential risks associated with contract obligations, terms, and performance. Developing risk mitigation strategies, including risk allocation provisions, insurance requirements, and contingency plans.

Training and Capacity Building

Providing training programs and workshops to build the capacity of contract management teams and stakeholders. Enhancing awareness of contract management best practices, tools, and techniques to improve effectiveness and efficiency

Contract Lifecycle Management

Designing and implementing a structured approach to contract lifecycle management, covering contract creation, negotiation, execution, monitoring, and renewal or termination. Implementing contract management software or systems to streamline processes, improve visibility, and automate routine tasks.

Contract Negotiation and Execution

Providing guidance and support in contract negotiations to achieve favorable terms and mitigate risks. Reviewing contract documents, including terms and conditions, pricing structures, and service level commitments, to ensure alignment with client objectives.