Initial Report

Brian Evans Associates provide a confidential advice and support service to Banks and Insolvency Practitioners on matters concerning construction contracts.

We are able to carry out initial investigations and reports to advise on all aspects of the economic performance and prospects of construction companies. Further appraisals are undertaken into the contractual and financial position on each current or completed contract to establish the accuracy of outstanding debts, when or how much may be realised and the steps required to do so.

Post Insolvency Appointment

Upon the appointment of an Administrator, Receiver or Liquidator there is often a need for immediate advice and assistance. We have the ability and resources to provide whatever strength or grade of staff is required to:-

> examine book debts

> advise on contractual arrangements and problems

> advise on existing or potential claims/counter claims

> value work carried out on completed or current contracts.

Final Accounts

We prepare or check final accounts, reach agreements with the employers or their professional advisers, and pursue prompt collection of monies due.

Contractual Matters

Our expert advice provided on contractual matters is comprehensive and includes assessing the profitability in completing contracts if suitable arrangements can be agreed - or arranging novations.

We can also provide advice on the merits of claims for additional time and money, prepare entitlement documents where necessary, attend negotiations to reach settlement or, where a party seeks to avoid such entitlements, we work in conjunction with Solicitors to secure resolution by litigation, arbitration or adjudication.

It is a feature of insolvency work that counter claims are often received. We are experienced in dealing with the validity of such claims, establishing those areas which may be soundly based under the contract conditions and ensuring any quantum entitlement is properly calculated and substantiated.

Our Philosophy

While we possess the necessary expertise and experience to identify financial entitlements and resolve contractual problem, our association with Insolvency Practitioners often demands a more flexible and commercial approach, which accommodates financial constraints. Our philosophy is tailored towards obtaining maximum but cost effective realisations, and securing the earliest possible payment to the Administrator, Receiver or Liquidator.

We also provide regular progress reports, attend meetings to discuss the contents, and keep the Administrator, Receiver or Liquidator fully aware of developments, including any matters, which require their decision.


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