Contract Value Check

"If you are not achieving more value from your contract when it finishes than when it started then..........!"

The overarching aim, for all contracts, must be for the Contract Owner to continually improve the value their organisation receives over the lifetime of the contract. Some of the improvements (variations to contracts) you can make include:

• More for less; lower prices, higher volumes and better quality
• More for the same; higher volumes and better quality
• Lower risk premiums; suppliers perceive less risk, or the impact of risks that do occur will be lower cost and less hassle
• Better specifications; to achieve higher user satisfaction
• Active open book pricing; understand input prices and productivity

To help you get the very best from your contracts our value check includes:

• Challenge; cut through complacency and lack of experience
• Critical friend; strong critic but from a 'let's do it better' stand point rather simply seek to allocate blame
• Independent; unencumbered by history and internal politics
• Objective; hard hitting commercial analysis
• No sugar coating; tell it as it is
• Straight forward; no secret squirrel methodologies or overly complicated approaches

Each of our value checks uses a mixture of desk research and interviews to:

• Learn from the past
• Avoid apportioning blame
• Focus on the future
• Improve performance

We vary the intensity of each value check dependng upon the amount of money involved, the complexity of the contract and the risks that could occur. The value check has five elements:

• Terms of reference
• Gather information
• Findings
• Recommendations
• Follow up

In addition, and during the value check, we provide a practical guide and a strong transfer of skills and knowledge.