For many companies, ‘contract compliance’ comprises incurring large costs to get a small army of junior accountants to “tick and bash” thousands of invoices in the hope of finding errors and patterns of errors. This is costly and inefficient.We help you to manage your contracts and business relationships in a smart, cost-effective way. We know the errors made by contractors, we know the tricks employed and we target these high risk areas with surgical precision to deliver high value-added outcomes.
Typically, the cost of our services is more than covered by our findings and we are happy to back our expertise by participating on performance based / commission style fee structures with our clients.
Ensuring good contract management is a key issue for many companies — in terms of both enhancing income and reducing costs. Ensuring that your counterparties meet the terms of the contracts that you have put in place and that you extract full value can be challenging – but Contour Capital can help you to identify overpayments you make and underpayments you receive.Whether in relation to large construction projects, licensing of intellectual property or outsourcing of services, the value of a well-negotiated bargain can be significantly eroded if parties are not held to the terms of a contract.
Working as part of our client’s contract management team to anticipate contract risks that need coverage or improved contract management
Compliance reviews and payments verification testing on major projects in the mining, oil and gas and construction sectors
Reviewing arrangements with unions to identify opportunities to reduce costs, in particular for overseas companies who are more vulnerable to certain union practices
Advice in relation to disputes flowing from alleged non-compliance with contractual requirements, including providing expert witness testimony on financial issues
Investigation of suspected non-compliance with contractual requirements
Reviews of expenditure and acquittal of funds on behalf of private and public funding bodies
Assessments of counterparties’ financial capacity to remain solvent and meet their contractual obligations
Construction advisory services including analysis of construction costs, project cost evaluation, on-site observation (e.g. video and photography of job progress)
Assistance with developing and implementing effective project control and compliance regimes