MINIMISING RISK.
MAXIMISING VALUE.
We are your trusted advisers - ensuring your commercial interests are fully safeguarded and completely accountable
Looking after your interests.
"At Procter Street my team and I give tailored advice and provide commercial management expertise to protect your business and underpin optimal project performance, at every stage.
Commercial management is a crucial part of any business, especially within construction as there are so many complex, fluctuating, and moving parts. As experienced professionals, we manage the commercials and identify both risk and opportunities.
"Being a partner, not a provider" is one of our constant echoes and especially important in ongoing commercial management. Our team collaborates closely with you and your stakeholders to ensure clear and open communication at every stage.
Whether the project is relatively straightforward or involves long-term, more complicated vision, we will work together to achieve consistency, value and the very best outcome."
DOMINIC HODGES
DIRECTOR
Taking care of risks with a commercial, careful and transparent approach.
With decades of experience in the construction and civil engineering sectors, our team possesses a profound understanding of pre and post contract management processes.
We excel at orchestrating an integrated approach - providing meticulous control across all cost and commercial matters. This comprehensive expertise allows us to identify potential risks and drive project success.
"Through a close relationship and collaborative efforts, we handle every aspect of your commercial management with precision and care, resulting in calculated efficiency and profitability."
Procurement and tendering
Procurement/tendering (client and contractor)
Subcontract procurement
Pre-contract services
Pre-contract reviews and strategies
Contract drafting and vetting
Contract management
Contract administration
Subcontract administration
Dispute avoidance/management
Party representation/facilitation
Project and business audits
Project audits/health checks
Business efficiency reviews
Training and development
Contract training
Estimating and cost management
Estimating services including cost plans
Cost management and control
Cash flow analysis
Commercial strategies
Commercial strategies/margin improvement
Business case submissions
Commercial value engineering
Commercial risk management
Commercial feasibility studies
A partner, not a provider
We work alongside you from conception to completion (and beyond). We talk the same language after decades of experience working on both sides of the fence. We understand the pace, the moving parts, the concerns and the potential for a project to change dramatically at a moment's notice. At Procter Street we have the teams in place to assess and reduce your risk, maintain the momentum and calmly work through any issues. We keep the wheels turning, managing potential challenges before they escalate. The end result is always the same - to have your back and be onside - as part of your team.
Commercial & Contract Services FAQs
Q: What does your Commercial & Contract Services offering include?
A: We provide end-to-end commercial management: procurement and subcontractor tendering, contract drafting and vetting, pre-contract reviews, contract management and administration, estimating and cost control, cash flow analysis, commercial strategy and value engineering, dispute avoidance and management, audits and business efficiency reviews.
Q: At which stage of a project can you get involved commercially?
A: We can help right from pre-contract - during procurement and tendering - and carry on through contract administration, cost management, contract management, and post-contract work if required.
Q: Do you handle both client-side and contractor-side commercial services?
A: Yes - we support procurement and tendering whether you're acting as client or contractor, including subcontract procurement, contract administration and subcontractor management.
Q: What financial/commercial controls do you provide?
A: We offer detailed estimating and cost-planning services, cost management and control, cash-flow analysis, commercial value engineering, and margin improvement strategies to help you optimise financial outcomes and control risk.
Q: Can you assist with contract drafting, review and legal administration?
A: Yes - we provide contract drafting and vetting, contract and subcontract administration, and contract-management support tailored to the needs of your project.
Q: Can you help with risk management, dispute avoidance or dispute handling if needed?
A: Yes - part of our commercial services includes identifying commercial risks, managing them proactively, and supporting dispute avoidance or, where needed, dispute management or facilitation.
Q: Is your service suitable for both simple projects and complex, long-term projects?
A: Yes - we provide tailored commercial support for straightforward projects as well as more complicated, long-term contracts, adapting the level of commercial oversight according to project scale and complexity.
Q: Will you help us improve profitability or margin through commercial strategies?
A: Yes - we offer commercial strategies aimed at margin improvement, commercial value engineering and cost optimisation to maximise value for your business.
Q: Do you offer audits or business-efficiency reviews as part of commercial support?
A: Yes - we can perform project or business audits, health-checks and business efficiency reviews to help you streamline operations and identify improvement opportunities.
Q: Can you help if we’re uncertain about contract terms or want to review an existing contract?
A: Yes - we offer contract review and vetting, and can advise on contract amendments, risk mitigation, and optimal contract structuring before you commit.
Q: Do you provide cash-flow forecasting and financial planning over the life of the contract?
A: Yes - we conduct cash-flow analysis and overall cost management to help you plan finances, manage payments, and avoid liquidity or cost-overrun issues.
Q: Will you help us with commercial feasibility studies and value-engineering to improve the project’s commercial viability?
A: Yes - we can carry out commercial feasibility assessments, value-engineering exercises, and suggest commercial strategies to balance cost, value, quality and risk.
Q: Can you act on our behalf in negotiations, vendor/subcontractor dealings or any contract-related facilitation?
A: Yes - we can represent you in supplier or subcontractor negotiations, in contract facilitation, and in managing relationships to safeguard your commercial interests.
Q: How do you adapt your commercial services for different project sizes, procurement types or risk profiles?
A: We tailor our commercial approach to the project’s size, complexity, procurement route, and risk profile - whether it’s a small contract or a large, long-term multi-stage project.
CASE STUDIES & NEWS.
