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Contractors

All your projects with their real numbers: executed, certified, collected and profit

Every project with its contract, addenda and bill of quantities; monthly measurements become a certificate in one click; executed work not yet billed shows with its value; advances, retention and letters of guarantee with their dates; subcontractors with what was measured for them and what was paid before the owner; and actual cost against budget so you know each project’s profit while it is still running.

Real screens from the system

From the contracting module in our system, with its own screens.

Projects dashboard: progress, certified, collected and profit

What changes in your business

Delays show by themselves

Actual progress against plan for each item and project, late projects flagged, and the delay penalty calculated to date with its cap and the government cap.

Guarantees before they expire

Letters of guarantee with their expiry and cover; those close to expiry appear on the dashboard, and renewal, reduction and release are posted.

The diary becomes a measurement

Labour, equipment, works, materials and obstacles every day, and recorded work turns into a measurement sheet in one click.

The module’s screens

  • Projects dashboard with progress and profit
  • Certificates and versioned revisions
  • Variation orders and the 25% government alert
  • Subcontractors, custodies and costs
  • Guarantees, retention and penalties
  • 36 contracting reports
  • Stock issues and custody on the project
  • A full report for every project and its letters

How Contracting works, part by part

  1. Tenders and pricing

    The tender book and its cost, the bid bond in cash or by letter of guarantee, and every item priced from its cost analysis (materials, labour, equipment) or from the price library of past tenders and contracts — then the result: won and turned into a contract, or lost with the gap to the winner.

  2. Contract and bill of quantities

    Contract value and the terms applied to every certificate: advance and its recovery rate, retention, withholding tax, insurance, syndicate and stamp duty, capped delay penalties — and the bill of quantities by section, item stages and weights.

  3. Letters of guarantee

    Bid, advance-payment and performance guarantees with their margin, commission and expiry date, an alert before expiry, and renewal, reduction and release — each with its journal entry.

  4. Site diary and measurements

    Daily labour, equipment, works and obstacles, and a measurement sheet by dimensions per item and location approved by the consultant — the quantity the certificate is paid on.

  5. Progress

    Progress of every item and stage from approved measurements, deliveries or tests against the plan, with delays flagged.

  6. Variation orders

    Increase, reduction, omission, new item or rate change — their effect on contract value and duration shown before approval, with the 25% alert for government contracts.

  7. Owner certificates

    Built from approved measurements: previous, current and to-date for every item, then VAT, advance recovery, retention and deductions; approval issues the tax invoice and the journal entry together, collected in full or in instalments.

  8. Revising an approved certificate

    A new version with a written reason: the old version’s entry and invoice are reversed and the new one posted, both kept for audit.

  9. Subcontractors

    The subcontract with its items and rates, and its certificates from the same measurements with deductions and payments — what was paid to subcontractors against what was collected from the owner.

  10. Costs, budget and advances

    Materials from the warehouse, staff advances and expenses charged to the project and item, actuals against budget, and the forecast to completion and its profit.

  11. Addendum, suspension and termination

    An addendum changing scope or duration, a suspension with its reason and party that generates an extension request on resumption, and termination by owner or contractor with retention and penalty in the financial position.

  12. Registers for every work type

    Structures with pours, cubes and rebar schedules, finishes with sample approvals, installations with equipment and tests.

  13. Handover and final account

    Snag lists with their owner, provisional then final handover, the final certificate, and retention released on time.

  14. The full project report

    For every project: revenue, costs, collections, retention, guarantees, progress and profit on one page.

See Asab Al-Nizam on your business

Request a demo and we will walk you through the whole system the way your company works.