Control Contracts Proactively — Before Claims, Delays & Disputes Escalate

Gain real-time visibility into obligations, variations, payments, and commercial risk across the project lifecycle.

Video placeholder: Contract Management
What Does It Do
CT-2041 Main contract Active Vortex Business Centre EPC contract · lump sum CONTRACT VALUE $ 48.6M EXECUTED VALUE $ 29.1M 60% of contract value executed Scope & BOQ Payments Work packages 14 packages Milestones 6 of 9 met Variations 3 pending approval Retention 5% held

Contracts Linked to Actual Work & Progress

It provides proactive, execution-linked control throughout the contract lifecycle. This provides owners, EPC teams, and commercial managers with timely visibility to prevent uncontrolled scope growth, improve payment accuracy, reduce disputes, manage exposure, and maintain a complete, defensible audit trail.

Contracts are connected to:

  • Scope, BOQs, and work packages
  • Construction progress and milestones
  • Variations, claims, and approvals
  • Payments, retention, and cashflow

Result: You always know what is contractually allowed, what is executed, and what is financially exposed.

Key Capabilities

Core Contract Management Capabilities

Repository, variations, claims, payments and compliance are managed against the work actually done on site.

CONTRACTS CT-2041 Scope BOQ Amendments 3 Amendment 03 Ver. 3 CLAUSE TYPE 4.1 Scope 4.2 Scope 7.3 BOQ C-101 240 m³ C-102 1,200 m² Audit trail · 12 events

Digital Contract Repository & Structure

  • Centralized storage of contracts and amendments
  • Clause, scope, and BOQ-level structuring
  • Version control and audit trail
VO-017 Captured on site Level 3 Submitted APPROVAL VO-017 Raised Pending Approved IMPACT Cost +$48k Schedule +9 d Cashflow −$12k

Variation & Change Order Management

  • Capture variations as they arise on site
  • Track approval status and commercial impact
  • Assess effect on cost, schedule, and cashflow
CL-009 Claims register $ 310k Delay event DE-04 · 21 days Variation VO-017 · scope Submitted Under review Resolved

Claims & Counter-Claims Control

  • Early identification of potential claims
  • Link claims to delays, variations, and events
  • Track submission, review, and resolution status
IPC-06 Interim payment certificate Mar 2026 WORK PROGRESS 62% $ 1.24M Earned value Retention 5% − $ 62k Advance recovery − $ 124k Net payable $ 1.05M

Progress-Linked Payment Certification

  • Link contract values to actual work progress
  • Automate interim payment certificates
  • Control retention, advances, and final bills
OBLIGATIONS March 04 12 Notice deadline Delay notice · 28 days 18 25 RISK BY EXPOSURE Delay LDs $ 410k Late notice $ 240k Retention $ 90k

Contract Compliance & Risk Monitoring

  • Monitor obligations, deadlines, and notices
  • Identify commercial risks early
  • Maintain full contractual traceability
Contract value Executed value WP1 WP2 WP3 CLAIMS EXPOSURE Contractor A $ 420k Contractor B $ 260k Contractor C $ 90k VARIATIONS Approved · 12 Pending · 6

Contract Dashboards & Commercial Insights

  • Real-time contract value vs executed value
  • Approved vs pending variations
  • Claims exposure by project or contractor
Contract Construction progress $ Budget & cashflow Planning & schedule Digital Twin BIM · optional

Integrated With the Entire Project Lifecycle

  • SmartProject Contract Management works seamlessly with:
    • Construction progress tracking
    • Budget & cashflow management
    • Planning & schedule control
    • Risk, quality, and safety management
    • BIM-enabled Digital Twin (optional)
Benefits

Business Outcomes You Can Expect

What commercial and project teams gain when contracts move in step with execution.

Reduced contract disputes and claims

Claims are linked to delays, variations and events, so each position is backed by a clear record.

Early visibility of commercial risks

Obligations, deadlines and notices are monitored so commercial risks surface while there is still time to act.

Better control over variations and scope

Variations are captured on site and tracked through approval with their cost, schedule and cashflow impact.

Faster and more accurate payment certification

Interim payment certificates are based on contract values linked to actual work progress.

Stronger contractual governance

Contracts and amendments sit in one repository with version control and a full audit trail.

FAQ

Frequently asked questions.

Quick answers on variations, claims and progress-linked payments.

Still have questions?

Reach out, and our team will guide you.

Talk to our team
How are contracts linked to actual site progress?

Contract values are linked to actual work progress. Each contract is connected to its scope, BOQs and work packages, construction progress and milestones, variations and claims, and payments, retention and cashflow, so you always know what is contractually allowed, what is executed and what is financially exposed.

Can variations be captured on site and tracked through approval?

Yes. Variations are captured as they arise on site, and Wrench SmartProject tracks their approval status and commercial impact. The effect of each variation on cost, schedule and cashflow is assessed, and approved versus pending variations appear on the contract dashboards.

How does it help manage claims and counter-claims?

It supports early identification of potential claims and links each claim to the delays, variations and events behind it. Submission, review and resolution status are tracked, so every position is backed by a clear record with full contractual traceability.

Can interim payment certificates be generated from verified progress?

Yes. Contract values are linked to actual work progress, and interim payment certificates are automated on that basis. Retention, advances and final bills are controlled in the same place, improving payment accuracy.

What do the contract dashboards show?

They show real-time contract value against executed value, approved versus pending variations, and claims exposure by project or contractor. This gives commercial managers early visibility of commercial risk while there is still time to act.

Does it work with budget, schedule and BIM modules?

Yes. Wrench SmartProject Contract Management works with budget and cashflow management and planning and schedule control, as well as construction progress tracking and risk, quality and safety management. A BIM-enabled Digital Twin is available as an optional connection.

Stop Managing Contracts After Problems Occur.

Traditional systems show contract issues after impact. SmartProject shows them while you can still act.

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