The Essentials of Strong Commercial Contract Management

Sep 9, 2025

Contracts are more than paperwork – they’re the foundation of how risk, value and accountability are managed across your project. Whether you’re a head contractor or subcontractor, here are key elements to get right.

Key Points

  • Know What You’re Signing: Take time to understand contract clauses – from variations to indemnities and warranties.
  • Keep Records in Real Time: Documentation is your safety net. Capture decisions, delays, and directions as they happen.
  • Understand Your Entitlements: Many claims go unpaid not because they’re invalid, but because they weren’t submitted properly.
  • Align Contracts With Program: Your contract strategy should support your delivery program – not work against it.
  • Use Dispute Resolution Early: Issues don’t disappear on their own. Escalate early and formally to keep control.