Scope of Contract Management
Call for Tenders:
This phase encompasses the comprehensive preparation, analysis, and administration of tender calls, as well as the evaluation of submitted responses. Our commitment is to ensure compliance with applicable tendering laws, regulations, and best practices throughout the process.
Screening and Identification:
We specialize in the meticulous evaluation and selection of the most qualified and competitive suppliers and subcontractors, including EPC Contractors. Leveraging our extensive network, VERD Q.I. enjoys strong relationships with reputable international EPC Contractors and material suppliers in the renewable energy sector, facilitating the successful execution of your infrastructure projects.
Risk Analysis:
Our team conducts thorough assessments of potential risks associated with project development, construction, operation, and maintenance. This proactive approach ensures that all contingencies are identified and managed effectively.
Contract Negotiation:
VERD Q.I. is equipped to assist in negotiating favorable terms and conditions in your contracts, aimed at optimizing costs and securing bankable agreements. We provide expert support in the drafting and negotiation of EPC and O&M contracts in accordance with international standards such as FIDIC Silver, alongside customized formats. Additionally, we extend our services to include other essential agreements related to your renewable energy or infrastructure projects, such as Power Purchase Agreements (PPAs), development agreements, and supply agreements.
Project Planning:
We focus on the finalization of project planning, providing ongoing tracking and reporting on project status and performance metrics against budgetary and scheduling benchmarks.
Coordinating Due Diligence for Financial Closing:
Our team offers comprehensive support in analyzing the technical, legal, and commercial aspects of due diligence, facilitating a seamless process toward financial closing.
Claim Management:
We ensure the rigorous enforcement of all contractual obligations set forth by subcontractors and suppliers, safeguarding the integrity of the project's contractual framework.
Advantages of Engaging VERD Q.I.
Cost Efficiency:
VERD Q.I. specializes in contract negotiations, enabling significant cost savings for clients. With an in-depth understanding of market standards and practices, VERD Q.I. ensures that investors are well-protected from potential price exploitation by contractors who may take advantage of an investor's unfamiliarity with the market.
Quality Assurance and Liability Management:
By establishing robust and comprehensive contracts, investors can effectively transfer certain liabilities related to project execution to contractors. Achieving an appropriate allocation of risks between the contractor and the investor is crucial for enhancing the bankability of projects, ultimately contributing to their long-term success.