CONTRACT DURATION MANAGEMENT: KEEP CONTRACT TIME VISIBLE
Available exclusively to ClickHome27 subscribers, Contract Duration Management brings contract dates, delay events, extensions of time and liquidated damages into one place, giving builders a clearer view of how changes to a project timeline affect the contract.
WHAT'S NEW?
Track contract dates: keep the original completion date, current contract end date and latest forecast visible together, making it easier to understand where a project stands against its contractual timeframe.
Record delay events: capture delays as they occur, including the event, duration and relevant details, creating a record of how delays have affected the project.
Manage extensions of time: track the Extension of Time (EOT) process from draft through to claim and approval and send the EOT letter directly from ClickHome to the client.
Track contract-allowed days: record and account for days allowed under the contract when assessing the impact of delays and changes to the completion date.
Monitor liquidated damages: see where a project sits against its current contractual timeframe and identify potential liquidated damages exposure as the project progresses.
The information is stored in one place, giving teams a clearer history of how and why contract time has changed, without having to piece the record together from emails, spreadsheets and other systems.
Contract Duration Management is available exclusively to ClickHome27 subscribers.
Want to see how ClickHome27 can help you stay on top of contract time? Talk to your consultant or get in touch with our sales team.
For technical release notes, click here.