Successful Contract Administration Engagement at a Mining Company
BIMUNAI was engaged by a mining company to improve their contract administration processes. The mining company was facing challenges with managing contracts, and wanted to ensure they were fully utilizing the benefits of their agreements.
Our team of experts conducted a thorough review of the mining company’s contract administration processes and identified several areas for improvement. We worked with the mining company to develop and implement new processes, including a more robust contract management system and improved contract negotiation techniques.
The results of our engagement were significant. The mining company was able to improve their contract administration processes, resulting in increased efficiency and cost savings. Specifically, the mining company saw a 15% reduction in contract disputes and a $500,000 cost savings on a yearly basis.
In addition, the mining company was able to more effectively manage their contracts, which improved their ability to meet their obligations and take advantage of opportunities. The new processes put in place by BIMUNAI ensured that the mining company was better able to manage risks, meet deadlines, and maintain good relationships with suppliers and contractors.
Overall, the successful contract administration engagement with BIMUNAI allowed the mining company to improve their contract administration processes and achieve significant cost savings. Our team of experts was able to deliver results that exceeded the mining company’s expectations and helped them achieve their business goals