Is that contract really as lucrative as it seems? Or does the risk outweigh the reward?
As a contractor or subcontractor, it’s easy to take on more risk than you might realise. With the right commercial awareness training, your team can learn to navigate complex contracts, helping you manage risk and protect profits.
Without a full understanding of what you’re agreeing to, your business could be on the receiving end of unplanned costs or withheld payments.
Help your team deliver exactly what’s been agreed. Our training reduces the risk of deviating from your contract by improving your team’s understanding of key contract terms and conditions. We’ll cover standard contracts like NEC, JCT and SBCC, and the risks they typically carry for contractor businesses. Plus, we’ll guide your team on submitting claims for variations and compensation events, and how to respond to disputes if they arise.
When subcontractor teams think commercially, businesses can increase cashflow, improve profitability and build long-lasting client relationships. We educate teams on managing risks, negotiating contract terms and securing fair payment for variations.
We’ll explain the proper process for claims and compensation events for factors beyond your control – including how and when to make a claim. We’ll also provide training on proper record keeping to support your case. With this knowledge, your business will be less exposed to payment disputes related to performance or delays.
With decades of experience in the UK construction industry, our commercial specialists provide comprehensive training into NEC, JCT and SBCC frameworks. We’ll walk your team through every aspect of the contract process, from entering into commercially viable agreements to fulfilling obligations, managing changes to scope and responding to disputes.
GCM’s training helps your team operate with confidence, reducing unnecessary risks and improving financial outcomes. By sharing our knowledge, your team will improve their commercial acumen and gain a new perspective on the role they play in your business’ long-term success.
Our commercial awareness training covers:
To learn how we can support your construction business, speak to a member of our team.
