Some business decisions will require a review of contractual rights and obligations under some of the ongoing contracts. This review is aimed at identifying such specific contractual rights and obligations under a contract in view of making prudent business decisions.
The ultimate result of a claim will largely depend on how well a case is built to support or counter a claim. This will involve detailed analysis and careful interpretation of contract clauses and drafting of sound business letters and reports in relation to a claim. Our claims management services provide the expert contractual advice starting with an initial claim analysis and recommendation, and then followed by regular claims management support until final resolution of the claim.
A contract that is not closed out properly always poses the risk of bringing up an issue that could cost organizations in terms of additional time, efforts and sometimes money. It is important to carry out a formal close-out of contracts upon completion of the contractual obligations. We use a contract close-out template that is customized for the type of contract, to review contractual deliverables against a contract. A close-out agreement signed by the parties at the end of this exercise completes this process.