Pre-Contract Advice
At the project procurement and planning stage, Hambleton provides:
Assistance in risk assessment, including inherent, commercial, contractual and other risks.
Advice on the prudent and economic allocation and dissipation of risk.
Assistance in the selection of an appropriate 'standard' contract form for a particular application or, where applicable, in the formulation, development and negotiation of 'tailor-made' contract conditions.
Review and analysis of intended contractual arrangements in order to ensure that the intended allocation of risk will be achieved.
Advice on the prospective commercial and contractual problems that may arise in a particular application, whether relating to use of a 'standard' contract form or to an individual purpose-designed form.
Analysis of risk distribution in tender documentation and advice on the effective management of such risk.
Review of retained risks and risk bearing capacity, involving investigation of possible economic alternatives to conventional insurance purchase and of measures for dealing with retained risk.
Analysis of project scheduling and resource planning and advice as to the sufficiency and viability of related schemes.
Hambleton also offers assistance in the drafting of pre-bid agreements, joint venture agreements, guarantees, bonds and warranties and 'in-house standard' documentation, including contract forms, for use by developers, contractors, sub-contractors and suppliers.
