The amendments have stretched our payment terms and nobody flagged it
A standard form with the final date pushed out and the notice windows shortened, agreed because nobody read that far.
What's happening?
The schedule of amendments is where standard forms stop being standard. A final date for payment pushed out, an extra condition on the due date, your notice window shortened - three lines in a schedule nobody read past page ten of, and the job's cashflow is a fortnight worse than the tender assumed, every cycle, for the duration.
These amendments are rarely hidden; they are just late in the document and dry to read, and tender-stage reviews tend to stop at the price. The amendment schedule review is the counter-habit: every change from the standard form listed, priced for what it does to cash and risk, and put in front of whoever signs - so the terms are agreed knowingly, and the worst of them negotiated while there is still leverage to do it.
The solution
Every change from standard found and priced.
