Contracts | NEXUS Global

Contract Drafting & Risk Analysis

The modern day engineering or construction contract is increasingly an
amended standard form, client standard form or one-off specially drafted
contract. Our clients benefit from the experience of Nexus and its associated
legal team which has advised upon a broad range of international contracts
covering civil engineering, building, power, process, petrochemical, offshore
and shipbuilding work.

Services which clients find useful are:

Drafting, interpretation and selection of appropriate standard or nonstandard
forms of contract or subcontract, terms of professional engagement,
warranties, bonds guarantees and contract of supply.
Reporting upon commercial risks within tender documentation and
negotiation of revised conditions of contract or subcontract.
Claims risk assessment, risk monitoring and control

The construction and engineering industries produce many contractual
difficulties. Many of these problems may be small but can lead to larger
problems if not resolved in the correct manner at an early stage. The Nexus
service is of benefit to our clients as we quickly advise them of the correct
contractual/legal position and provide a positive strategy to resolve the
problem.

Services commonly requested by our clients are:

Advice upon the interpretation of contract documentation where it is
either silent or ambiguous upon a particular issue.
Investigation of live projects and provision of an independent report
upon performance, cost and time overruns and consequential risks.
Advice and a preferred strategy for the resolution of issues between two
   contracting parties such as payment, set-off, pay when paid, contra charges,
   defective work, completion, measurement, valuation of variations, liquidated
   damages, penalties, right to claim for extra time and money, insurance and
   the right to suspend or terminate the Works.

Contractual Advice

In today’s ever increasingly commercial environment, it is important that
parties to any contract administer this to the full potential, in order to
maximise their contractual entitlements. Nexus frequently assists by ensuring
that such notices, reports, documentation and correspondence are properly
initiated and maintained throughout the duration of the project. This service
may be utilised with frequent visits to the project or by placement of a fulltime
administrator, depending upon the situation and the contractual
environment.

Services commonly requested by our clients are:

Advice upon document control systems, Change Control, Variations,
Interim Payment Administration, Cost Control, interface co-ordination
and Final Account preparation.

Contract Administration

Other services:

Services