Building & Construction Contract Administration & It’s Importance

In this episode of Talking Legal, we discuss building and construction contract administration. Covid -19 has brought difficult times and it’s important that we’re mindful of the contractual relationships we have and work appropriately according to our contracts.

What is contract administration and what does it mean?

Contract administration in the construction industry is the management of the contract between the:

• Builder or principal and subcontractor; and
• Builder and client

Contract administration is a robust and technical job. A construction contract administrator must have the knowledge and skills to apply all of the contract obligations and provisions. They must have the ability to read terms and conditions of the contract and follow them properly.

An important part of contract administration in the building industry is the review, approval and payment of subcontractor invoices.

Depending on the size of the project, contract administration also involves helping a project manager prepare and advance the builder’s claim to his client for the amount of work that has been completed.

For more information, read the full blog HERE