Subcon Technologies Pty Ltd

Quantum Pre-Award Services

About Subcon Technologies Pty Ltd

Subcon is a global provider of marine foundations, stabilisation and engineered reef substrates. Subcon has delivered projects in all parts of the world, managed locally from Australia, Netherlands, and Singapore. Subcon owns a manufacturing facility in Dong Guan, China where they produce engineered formworks, rope and geotexiles.

Contract Value Ranges

$300,000 – $5,000,000

 

Services Provided

Quantum Pre Award (QPRE) : Tender Instructions Review, Terms & Conditions Review, Associated Documents Review, Departures Preparation & Responses, Overall Risk Review, Video Summary, Monthly Lunch & Learns

Subcon Technologies Website:http://www.subcon.com/

Challenges

Our client is routinely engaged by large oil & gas companies, specialist contractors and governments are often expected to sign up to highly amended or “hostile” contracts. 
 
Some challenges included:
 
  • Excessive Payment Terms
  • Excessive Security Requirement
  • Unlimited Liability
  • Excessive Security Requirement
  • Indemnities are not reciprocal nor reduced proportionately
  • Consequential Damages 
  • Excessive or Unlimited Re-warranty Period
  • Excessive and no Capped on Liquidated Damages
  • Caps on Delay Cost
  • Expected to bear the full risk for Force Majeure Events and/or Latent Conditions
  • Tight Time bars
  • Ownership of materials transferring too early.  

Results

Having prepared hundreds of sets of departures for clients. We know:

  • How many departures to prepare
  • What gets accepted and what doesn’t
  • How to mitigate issues

We were successfully able to negotiate away the majority of the issues listed above and more. This reduced our clients contractual risk significantly, senior management make informed commercial decisions and ultimately we saved them money in the long run.  

Making the difference

“I can say from my observation of last few months of working together we have received excellent , on time service from Quantum Contract Solutions which addressed our company needs. Quantum has helped us mitigate some major contractual risks which we, a small team with many constraints would likely have missed.”

Yee Lim – BDM

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