Contract management, coordination, and compliance are key to successfully delivering projects. EcoSys Contracts provides the tools needed to effectively control contract costs and facilitate collaboration between owners, agencies, and contractors, and subcontractors. Maximize returns, build business relationships, improve behaviors, and exceed performance goals with out-of-the-box industry best practices.

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Key Benefits of EcoSys Contracts

For effective contract management you need access to accurate, real-time contract and project data. EcoSys Contracts, integrated with EcoSys Projects, offers the ideal solution to manage contracts.

Efficiency

Expedite the creation and management of contracts and changes

Reduce Risk

Ensure all contract information is stored in one repository and updated via standard workflows

Build Relationships

Collaborate and communicate more effectively with suppliers, customers, and partners

Excellent Contract Management Equals Better Project Performance

How connected is your current contract management process with live project data? With EcoSys Contracts, they’ve never been closer. Better information helps contract managers proactively control contract deliverables, costs, changes, risks, and issues. Avoid delays by identifying potential cost and schedule overruns early. Then assess, verify, and approve contract changes quickly. The impact of project changes on contract budgets and forecasts has never been clearer.

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Successfully negotiate, execute, manage, modify, and close out contracts between owners, agencies, contractors, and sub-contractors:

Procurement Planning

Create and manage proposals, bids, and contracts. Evaluate clients and vendors to identify and select the right opportunities and teams to deliver projects successfully.

Vendor & Bid Management

Manage vendors, review bids, and award contracts based on pre-defined scoring and ranking techniques. Incorporate existing bid registers to provide continuity, increasing EcoSys adoption.

Contract Budget & Cost Control

Create and manage detailed contract budgets, value of work done, and payments by line item. Monitor progress and completion of tasks from contract award to close out. Calculate forecasts based on performance and potential changes.

Contract Change Management

Review and approve contract changes in accordance with project performance. Associate changes with project cost and schedule overruns while automatically maintaining an audit trail.

Claim Management & Resolution

Identify claims, assess validity, evaluate merit and magnitude, and determine resolution strategy.

Field Progress Management

Along with EcoSys Mobile (optional), capture progress, communicate status, and report issues in the field. Instantly notify and communicate with project teams to assess alternatives and make timely decisions.

Contract Administration

Collaborate and share information with clients, customers, and contractors. Create meeting agendas, capture action items, assign responsibility, and manage progress and status. Use EcoSys Visual Workflows to effectively manage RFIs, submittals, and transmittals.

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Now we can link the data, we can develop metrics that we weren’t able to in the past.
We can assess what drives our business, what factors we need to pay attention to.

Director of Project Controls

Ball Aerospace


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