Confirm what you signed. Amendments included.
Upload the executed contract and Coreloops extracts the terms that decide your money, each one with the clause it came from, the page number and a confidence score, for you to accept.
.1 The Employer's interest in the Retention is fiduciary as trustee for the Contractor.
.2 Clause 4.20 is amended by the deletion of the words "provided that the total amount retained shall not exceed 2.5 per cent of the Contract Sum".
When did anyone last read the contract?
It's easy to assume the contract has been set with the standard terms but important changes that affect how you get paid are hidden in the amendments.
Missing important dates like valuation dates create a poor audit trail in the case of disputes.
Verbal instructions on site are not confirmed in writing and variations are not substantiated as stipulated in the contract.
See how growing contractors are using Coreloops to read and apply their contract terms.
Your contract terms, applied as rules
Everything from valuation dates to LAD limits is pulled and applied to your contract workflows as rules and reminders. Contract compliance is the best way to avoid a dispute.
Your valuation cycle dates, automated reminders
Important valuation dates are pulled from your contract. Submission reminders, payment notice checks and final payment checks run on your contract's offsets.
Issue notices the right way
Coreloops uses your contract terms to help you draft verbal instruction confirmations, variation orders, early warning notices and compensation events.
What the industry is saying
How contractors are taking control of their costs and contracts with Coreloops.
We had CEs there with our approval attached to it. There was no way for the client to dispute it.
Samuel Maddison
Director, Project Safe
One platform for costs and contracts
Book a discovery call
We'll learn about your current setup and show you how Coreloops could help you read, check and apply your contract terms.
