- Development of Financial Models including solution development, work breakdown structures, estimating, open book cost models, pricing models and through life financial management.
- Development of Incentivisation Models to drive contractual performance, including Target Cost Incentive Fee (TCIF) and Gain Share / Pain Share mechanisms.
- Support your Open Book Management including development of Contract Obligations Matrices, Commercial Contract Management plans and Supplier Performance Management plans.
- Support your Contract Financial Management including design and implementation of financial reporting solutions, cost actual management, cash flow analysis, development and negotiation of payment terms and payment plans.
What is Open Book Contracting?
Drive Value for Both Parties Through Partnered Behaviours
We can work with your business on:
Our ways of working and when to engage
If you are considering bidding for an Open Book Contract, engage with us at the start of the process to enable our maximum impact on the success of your bid and the value of the contract to your business.
If your project is already underway, timely specialist intervention could boost your success rate or final negotiated position, and ensure your bid is compliant and that your organisation can deliver the business you win.
We can provide consultancy and bespoke tools to your organisation, or can provide on-site consultancy over the life of the project. Our knowledge, expertise and tools will support the effectiveness of your commercial strategy.