Services>>Contract Compliance>>Due Diligence

Services in more detail:

   Contract Compliance

  Internal Governance Systems/ Environments

   Independent Audits (Joint Venture)

 

The number of Assets changing hands in the North Sea is increasing. CorGuv can add value during Asset Purchases by checking the effectiveness of service contracts which are handed over with the asset. CorGuv's Contract Compliance Audits add value through:

  Contract Effectiveness – Most assets will be handed across with large supply contracts in place. No contract is perfect and there are always areas for improvement which should be known before operational handover. Our Contract Compliance Audits will review effectiveness and open the opportunity to factor this into the Asset Price.

   Reduction of Asset Price – Sometimes, there are significant recoveries to be made from existing contracts. These should be made before the deal is signed or offset against the Asset Price.

  Transition Management – Contracts require handing over. Understanding how they work, and where they require careful management is essential to handover and on-going management. In many cases, the effective running of the asset will be dependant on the performance of the service contractor.

See a Presentation of our Contract Compliance Audits Click Here . . . . . .

Want to know more? Ask us . .

Fresh ideas Logo