COMMERCIAL MANAGEMENT

As the construction process typically operates with small margins but with significant risk, it is vital that effective financial management is carried out, in accordance with the provisions of the applicable contract, to ensure value for money for both sides is achieved an opportunities are not lost.

MBM’s commercial management services include:

• Commercial review and value for money audits
• Final account preparation
• Cost management
• Cash flow analysis
• Change management
• Cost reporting
• Cost value reconciliations
• Subcontractor accounts (preparation and evaluation)
• Interim management and support
• Ensuring contract compliance (e.g. notices / procedures)
• Implementing commercial systems
• Project record keeping

Our role can be as wide or specific as required from managing a whole project to analyzing specific issues. Our advantage is that from over ten years of successful trading, combined with our contractual and commercial knowledge we are able to identify risk and opportunity to maximize the value in your project. Our proactive approach means that we can provide a safe pair of hands to manage any commission.

Our services have been utilized in different sectors by many major industry organizations including Balfour Beatty, ISG, Costain, Vinci, Emcor.

CASE STUDY

MBM initially prepared an extension of time before drafting a referral and administering the adjudication process on behalf of a main contractor. The adjudicator awarded the main contractor a full extension of time.