Directing Consultants
If, in your contract, the client instructs you to directly pass on the cost of consultants, it would be better to have the consultants contract directly with the client instead …
Cost
Document Reliance on Information
In a contract, your company should make sure the document indicates that you will rely on information and materials supplied by the client. E.g. surveys, soil tests, reports. If the …
Buy Complete Systems for Specialty Equipment
When buying specialty equipment, make sure the supplier can and will supply a complete system. If they do, take it. Avoid trying to save money by doing parts of it …
Allow For Inflation
Make sure to allow for inflation in cost estimates. Particularly allow for large increases in raw material costs (e.g. stainless steel, copper). This is important in the tender preparation process. …
Document all Changes, Variations, and Agreements
Projects are complicated. Lots of agreements and changes are constantly made, these should be managed properly.
Document all changes, variations and agreements on your projects. You should put everything in writing.