It’s Time to Get Paid...
Scott Coulton
Recover Your Worth: Get Paid, Stay Profitable I Construction's Go-To for Commercial Success | Protecting your Business and its Cashflow I 20 Years Expertise in Quantity Surveying & Disputes I UK & Dubai
Dear Colleague,
Navigating the complex landscape of commercial and contractual challenges in the construction industry can be daunting.
That's why the Nexus Consult newsletter is here – your reliable guide to steering your projects towards success.?
Are you seeking expertise that has been perfected across a diverse range of sectors, from retail to oil and gas and beyond? Look no further than Nexus Consult, led by Director, Scott Coulton. With over 20 years of invaluable experience, Scott has navigated the construction industry in various roles, including quantity surveyor, commercial manager, consultant and expert witness. Now, he spearheads operations as the Director of Nexus Consult.
Under Scott's leadership, clients gain access to a wealth of insights and strategies refined through years of hands-on experience. Whether you need assistance with a construction claim or dispute or require expert guidance on documentation, preparation, or resolution, Nexus Consult has the proficiency to steer you toward success.
Late Payments VS Cash Discounts
It’s Time to Get Paid for What You Deserve
Do you offer cash discounts for prompt payments? And do these payments often get paid late anyway?
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Here at Nexus Consult, we recently had a client who saw each application for payment late, despite agreeing to a substantial discount for prompt payment.??
'Cash discounts' are often a subject with differing interpretations. Is it contingent upon prompt payment or merely a flat price reduction, irrespective of when the payment is made? Courts examine the parties' intentions, the contractual language used and industry norms to determine the true meaning of 'cash discount' in each given context.
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As a contractor or subcontractor, it’s crucial to ensure your contracts explicitly state when discounts apply, guarding against late payments. Let’s take a look at the key takeaways: ?
New Blog Live Now
Commercial Management Service
领英推荐
Main contractors and subcontractors face unique challenges.?At Nexus Consult, we understand that. That's why we offer specialised commercial management services designed for your specific needs.
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Explore our new blog?to learn more about how we can help:
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Main Contractors secure project success with comprehensive commercial management by:
And help Specialist Subcontractors maximise profitability and streamline collaboration.
Highlighting Expertise Within Nexus: Gautrain Rapid Rail Link, South Africa
Programme Management
Why should you trust Nexus Consult? Well, we chose to fight our corner by letting our experience do the convincing... ?
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Our Director, Scott Coulton, provided support to a delay expert appointed in regard to the clients claim for delay and disruption. The dispute was in relation to the design, construction and commissioning of the Gautrain Rapid Rail Link in South Africa. ?
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During this project, responsibilities included the management of the incumbent planning support team, supporting the expert in the writing of the delay analysis report, management of the project contemporaneous records and providing solutions and further advice to the client.
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Advice you can trust from experienced team members!