Contract Management

Why Contractual Letters Should be Managed as Forms and not as Correspondence Letters

For project owners, engineering and supervision consultants, project management consultants, contractors, subcontractors, and other entities that are part of the delivery of capital construction projects, many need to issue letters addressing the different obligations and entitlements of their signed contract agreements. Those letters’ content and wording are critical and need Read more…

By PMWeb, ago
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Ensure That Progress Invoices Are Paid Only When The Interim Payment Certificates Are in Accordance with the Requirements Set in the Contract Agreement

When it comes to delivering capital construction projects, one of the processes that are common to all those projects is making payments for approved work in place completed by the contractor for each awarded contract. Nevertheless, those project owners, investors, and funding agencies need to be assured that before releasing Read more…

By PMWeb, ago