Table of contents
What is contract administration?
Contract administration is the process of managing the creation and execution of a contract between an employer and contractor. It is typically done within the construction industry and is designed to ensure all contractual obligations are met, risks are minimised, and the project progresses smoothly.
Negotiations play a prominent role in this process, often making agreements complex. However, instructing a contract administrator can make it significantly easier.
"Effective contract administration ensures compliance, reduces risk and facilitates project success by improving communication and mitigating potential disputes before they escalate.”
What is the role of a contract administrator?
A contract administrator plays a pivotal role in ensuring all contractual details are met while acting as a liaison between client and contractor. Examples of what a contract administrator's role includes:
- Coordination of site inspectors
- Managing the processing of tenders
- Instructing site inspections
- Coordinating instructions on behalf of the client for the contract
- Preparing progress reports
Commercial property solutions
Our team of building consultants provide a range of commercial property solutions, from specialist building surveys to architecture and education funding application support. Speak to one of our experts to find out how we can help you deliver your objectives.
When do I need contract administration services?
While contract administration is important no matter the scale of your proposal, it is perhaps needed even more when you need to manage multiple stakeholders and want a fast project execution. These services can satisfy all parties and make sure the work will be completed within the desired timeframe.
What are the key steps in contract administration?
- Contract formation – Draft, review and finalise terms
- Execution and implementation – Ensure all obligations are met
- Monitoring – Regular site inspections and performance tracking
- Dispute management – Should issues arise, your contract administrator will be on hand to resolve them and maintain compliance
- Contract closure – Finalise the negotiated deliverable(s), process payments and close the contract
What are the benefits of using contract administration?
Using contract administration can provide many benefits, including:
- Clear channels of communication in your project
- Compliant contract delivery
- Ensuring timely payments
- Improving overall project efficiency and coordination
Experts in commercial property
Contact our team of leading auctioneers, property agents, and RICS-qualified surveyors today.
Why choose Eddisons for contract administration services
Choosing us for contract administration services gives you access to many specialists with positive track records. Our business has more than 180 years of experience in the property sector, and we are proud to offer local expertise on a national scale.
We are also known for our knowledge of various sectors, and come extremely highly rated, with 100% of our reviewers recommending us on Review.IO. Take a look at what they have said to see why you can trust us too.
Instruct our contract administrators today
If you want to use an Eddisons contract administrator, please call 0800 051 2593 or complete the form below to arrange a free, no-obligation consultation. Be sure to read our case studies and insights if you would like to learn about our past successes and the wider industry.
