PCM offers specialist commercial management services with a proven track record of safeguarding the financial and commercial interests of businesses in the construction industry. By managing and controlling commercial risk, income and expenditure - We help ensure projects are delivered efficiently, productively, and profitably.
Collaborating with contractors, developers, and subcontractors. We implement bespoke commercial strategies and advanced cost control measures at various project stages. This tailored approach drives the effectiveness of the commercial function, enabling our clients to achieve their financial and operational goals.
Our commercial management services include, but are not limited to:
- Procurement Strategy Development: Designing procurement strategies in alignment with supply chain services.
- Tender Preparation: Developing bid documentation to support competitive and effective tendering.
- Benchmarking: Conducting package- and project-level benchmarking to assess performance and identify opportunities for improvement.
- Commercial and Financial Procedures: Establishing robust financial reporting systems and procedures.
- Cost Monitoring: Tracking and comparing forecasted costs versus actual expenditures with proactive intervention to address negative trends.
- Contract Advice and Administration: Providing expert guidance on contract terms, administration, and compliance.
- Professional Documentation: Preparing accurate and professional letters, notices, and contractual correspondence.
- Bonds and Insurance Management: Managing performance bonds, parent company guarantees (PCGs), warranties, insurances and related instruments.
- Cashflow Management: Ensuring effective cashflow monitoring and management to maintain project stability.
- Change Control: Managing and assessing the financial implications of project changes.
- Risk and Value Management: Identifying risks and opportunities, implementing value management practices and conducting risk modelling.
- Profit Maximization: Applying strategies to maximize outturn profit for all stakeholders.
- Final Account Management: Preparing, negotiating, and settling final accounts to ensure financial closure and transparency.
