Cost Management for construction projects
For clients of projects, the combination of bank guarantees, payment schedules, insurance and liability provisions forms the Security Package. This structure serves to limit project risks and is a prerequisite for financing.
We are happy to put our experience in the field of security packages to use, in the contracting phase, to ensure the optimum alignment of contractual obligations and the deliveries and securities to be received. This involves putting together a balanced mix of instruments in which the conflicting interests of client and contractor are safeguarded. During execution, we monitor the validity of guarantees and check whether all requirements for payment to contractors have been demonstrably met.