- Thus our clients are able to manage design risks accordingly Commercial management & Cost Management
BIPS provides advice on how to maximize returns on low margin projects – particularly apt in the current global market. BIPS understand that it is essential to a project’s success for costs to be pro-actively managed and controlled from concept through to completion so that a “no shock” financial conclusion is delivered.
BIPS ensure that proper consideration is given to the procurement options and have extensive experience in the preparation of contracts – SFBCN, FIDIC, JCT, NEC or bespoke – and bid documentation, as well as the arrangements associated with PPP/PFI, BOT and EPC projects. Practical controls and evaluation of changes for time and cost impacts are pro-active put in place in contract and commercial protection.
Services Provided Include:
Procurement strategy/Bidding Strategy/support/Project documentation/Commercial strategy and procedures/ Estimate and budgets.
Contract administration/Contractual advice/ Correspondence and notice/ Cost control and cost/value reporting/ Variations/change control /Final account/ Project Audit/Contract audit/Compliance
Commercial management of subcontractor’s and supplier’s /Dispute avoidance/Expert witness
We work to achieve viable developments which capture client objectives through value-driven and efficient designs. Costs are controlled through rigorous change management and risk management processes and reporting. Successful cost management requires the adopt ion of optimum procurement strategies, designed to balance the, at times, conflicting requirements of risk, certainty, speed, design, quality, budgets and benefits. BIPS cost management process includes:
Cost modelling and cost planning
Value and risk analysis
Life cycle costing
Post contract cost management and final account settlement
- Contract Procurement Audit & Compliance
Primarily financial Post Award Contract Management has been at risk and to determine the level of compliance with contractual obligations. The main objectives are;
Identification and recovery of previous overcharges and overpayments/Identification of system or contractual weaknesses or disputes/Identification of fraudulent activities.
Identification of Opportunities for Improvement in Processes and Systems.
Planning & Scheduling
BIPS can provided a strong team of planners backed up with contractual and legal experts familiar with preparing programmes at all stages of a project – from bid, to on-site progress to retrospective forensic for use in disputes. This team can demonstrate the Time Impact Analysis on any delay at any phase of the project execution. BIPS bring new ideas, and solutions to problems in looking for opportunities to reduce time periods and de-risk through what-if and but -for scenarios. BIPS will advise you on how to prepare Contractual compliant programmes, the management and presentation of float, critical paths and the necessary records to keep in case a claim situation arises. BIPS use contemporary planning/scheduling software packages and, given its global acceptance, are particularly skilled in the use of Primavera applications such as P3, P3e and P6 and MS Project. Our planners can advise on the following activities:
Tender, contract and/or baseline programme/ Resource and cost loading of programmes
Construction solutions and phasing to reduce project duration/ Programme risk identification and comparison of mitigation methods/ Progress monitoring, reporting and audits
Interface co-ordination/Time impacts arising from change/ Recovery and accelerated programmes
Earned value and other project controls bench-marking measure
- Risk Management
The allocation of risk has a significant impact on a project and will influence, for example, the choice of contract and the programme as well as the costs.
BIPS are experienced in the identification, definition, quantification and control of risks and appreciate that risk management is not restricted to the early stages of a project, rather that it is an ongoing process over the lifetime of a project.
Where risks exist there will also be opportunities and BIPS will identify the potential scope of these to our clients.
BIPS are familiar with the various techniques for risk capture and analysis and for the preparation of risk registers and risk management plans.
On target cost contracts it is necessary for the parties to agree the allocation of responsibility for each identified risk and, depending on the type of contract, to make appropriate cost, programme and procedural contingencies. BIPS have experience of actively managing the risk on major infrastructure projects so as to achieve the target cost.
Risk workshops/Risk identification, analysis and evaluation
Preparation and management of risk registers/Risk monitoring and control/Risk mitigation and transfer/Application of risk within target cost contracts/Management of risk events in event of occurrence and assessment of consequential cost, programme and procedural impacts
Claims risk assessment and dispute avoidance.
- Claim Management
BIPS has a global reputation as a leading claims consultant on major projects and clients can be confident that BIPS have the professionalism and expertise to look after their interests.
BIPS provide clients with an honest appraisal of their contractual and commercial position at the outset of a commission and do not embark on a process until all the risks and benefits have been considered. It is our policy to discuss a client’s specific claim objectives with them and then to provide recommendations as to how they can be achieved. As part of that process a schedule of activities with associated resources and completion dates will be prepared to give the client visibility of progress.
Adopting the correct strategy is the mainstay of a successful claim. BIPS draws on its wealth of experience to offer strategic guidance that is focused on the provable issues and to prepare documentation that is technically, legally and commercially accurate. Services provided:
Analysis of contractual terms and conditions
Analysis of tender pricing, rates and productivity levels
Inspection of records and contractual notices
Analysis of actual time spent, costs incurred and actual productivity achieved.
Identification of contractual route for the recovery of costs and loss of profit/Preparation of a cause and effect detailed analysis
Presentation and negotiation of the claim
Services Provided for Extension of Time Include:
Identification of planned programme and critical path
Ascertaining the adequacy of the planned programme and correcting as necessary
Analysis of the revised/updated programmes and reasons for changes
Inspection of records and delay notices
Offset liquidated damages
Preparation of forensic delay analysis using accepted techniques
Presentation and negotiation of the claim
- Dispute Resolution and Expert Witness
If a claim cannot be agreed, Bethphage Integrated Project Services Ltd. can advise on the best route to achieve settlement either through traditional or alternative dispute resolution [ADR] methods.
BIPS has an established Disputes Panel that offers early and appropriate advice to allow informed and timely decisions along with the relevant and credible strategies to maximize outcomes. The panel comprises senior BIPS personnel who have RICS trained expertise within a particular market sector or form of contract.
BIPS can assist in resolving disputes through negotiation, adjudication, mediation, expert determination and arbitration. Our staff have international arbitration expertise under the ICC and other local jurisdiction rules and have served on dispute adjudication boards on several multibillion dollars projects. If a contractual conflict arise BIPS is well placed to advise clients at the outset of a project on strategies to avoid disputes and how it can be best resolved.
BIPS has access to a worldwide panel of experts who can advise on a range of contractual, quantum and time related issues with the back-up and support of our global operation.
Our experts are familiar with providing oral and written testimony or at trial where evidences are presented in court and subject to cross examination in acceptable professional manner.
Our experts regularly support lawyers and attorneys and take a pro-active and practical approach to the advice they offer.
- Contract Management Training
BIPS offer an extensive range of training services which are delivered by professionals with hands-on project experience. Our training has proven to be of huge benefit to our clients, combining practical and academic elements to enhance greater understanding. BIPS work with our clients to ensure that the content of each event is relevant to its business and its objectives and BIPS encourage the use of workshops based on real project events that are known to the participants. BIP Training cover areas such as Cost Engineering Certification, Flawless Project Delivery, Cost Optimization Review, Contract Administration and Estimates Validation.
Our training sessions have proven to be of huge benefit to our clients and provide a combination of academic and practical elements to enhance greater understanding.
Why use BIPS for in house training?
Training delivered by consultants with hands-on project experience
Delivered by dual qualified construction/legal professionals
Course tailored to suit business needs & Range of training options
Duration, timing and venue of sessions to suit your requirement
Interactive group sessions & Workshops to aid learning
Use of real project issues familiar to participants
Training advice for professional qualifications
Examples of courses:
CPM Scheduling/Recommended Best Practices for Construction Management
Risk Mitigation/How to Develop & Prepare a Delay Claim
Contract and Change Order Management/Fundamentals of Construction Contracts
Constructability Reviews and Project Due Diligence/Managing International Construction Projects and Sites/Controlling and Monitoring the Project Budget and Schedule/Identifying, Proving and Pricing Productivity Claims/International Cost Management/Construction Documentation Management/Mitigating Project Delays and Disruptions/Baseline Schedule Review/Construction Damage Analysis and the Use of Experts/Mitigating Contractor & Supplier Cost & Schedule Risk on Power Generation Construction Projects/How to Develop & Prepare a Construction Claim/Utilizing Advanced Construction Management Technologies/Preparing and Presenting Construction Claims/Identifying and Documenting Unforeseen Site Conditions/Risk Assessment on International Projects/Decision & Risk Analysis/Standard Form of Building Contract in Nigeria (SFBCN 1990) Application/Commercial and Contractual Awareness/Construction Planning/Contemporaneous Record Keeping and Notices /Claims and Disputes Avoidance/Project Commercial and Technical Health Check/Supply Chain Administration /Project Insurance/ Insolvency/Project Acceleration/`Time Recovery/Forensic Planning/Time Impact analysis/Enforcement of Arbitrator/Adjudicators’ Decisions/Adjudication as Respondent/claimant/Bureau of Public Procurement Act/ EFCC Act/ICPC Act/Professional Certification of AACEI, RICS, AIQS, etc.
- Electronic Bills of Quantities (E-BOQs)
We produce E-Bills of Quantities within shortest possible time as we approach the building, road and Industrial faciclities as a whole. We assist our Clients to manage design risks by ensuring that all missing, ambiguous and conflicting details are identified and accounted for in BOQ.
We are ready to prepare Bills of Quantities, as sub consultants to major Contractors , Consultants QSs and assist in pricing tenders. We are expert and efficient in providing this service with a reputation for achieving accuracy and economy to short deadlines. We use Onscreen Takeoff, causeway & ExactXls, ArionExtract, etc. Our E-BOQ Productions comllied with the traditional DimSheet layout for entering measurements; Standard libraries include NRM, SMM, CESMM and MMHW, FBCN, POMI.