Independent Commercial Assurance for Major Infrastructure Projects
FireHorse26 Ltd helps clients, main contractors and specialist subcontractors strengthen commercial performance, improve governance and protect project value across complex construction and infrastructure projects.
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With over 25 years of commercial and NEC contract experience, we provide independent advice, commercial assurance and practical solutions throughout the project lifecycle. From reviewing contract provisions before tender, to auditing cost reimbursable and target cost projects, verifying overheads and rates, and providing ongoing commercial mentoring, our focus is on helping organisations make informed commercial decisions with confidence.
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Our services include:
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Commercial Review Audits
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Commercial Assurance Audits
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Contract Provisions Reviews
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NEC Commercial Support
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Annual Commercial Membership
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Project-Specific Commercial Consultancy
Whether you're an airport / rail operator, infrastructure client, Tier 1 contractor or specialist subcontractor, FireHorse26 provides independent expertise that improves transparency, strengthens commercial controls and helps maximise value for money.
Helping your project grow wings!
Services
Services
Independent Contract and
Commercial Assurance
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Are you new to the NEC form of contract?
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Has your project 'grown legs' and feels to be running away from you?
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Many projects seem to run away from us when challenges occur. The industry is know for crisis management and we seem to forget the foundation at which the project was based on.
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Fire Horse26 offers a full / partial independent contract and commercial assurance audit to ensure you are not straying from the contract and putting your company at risk in doing so.
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This assurance includes;
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Contract Review
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Risks & Opportunities document
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Commercial Assurance audit
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Project defined cost audit
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Contract deliverables audit and tracker formation
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Contract status review - how far has it moved from initial formation
- Programme Review
- Written report issued on completion
Commercial Review - Snapshot
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Unsure if you and your team are meeting the commercial deliverables?
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Is your client disallowing costs in their monthly assessments which does not seem fair?
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Are you covering all commercial bases to ensure your entitled recovery is met?
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Fire Horse26 offers an idependent high-level commercial review / snapshot on your commercial account for projects up to the value of £1 million at any point in the project marking out what you are doing right and where your risks lie in terms of recovery.
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This review includes;
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Review on the latest monthly assessment in relation to the contract
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High-level review of the contract notices
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Highlight what you are doing right and what needs further action
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Next steps
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Written Report issued on completion.
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48 hour turnaround time!!!
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Independent Cost Assurance Audit
Companies delivering projects under the NEC Target cost and cost plus contracts face increasing pressure to demonstrate cost transparency and expenditure. Fire Horse26 offers 100% objectivity when supporting their clients with reimbursable and open-book contracts, and with 25 years in construction we help companies draw on their cost systems to offer clear visibility on cost to meet contract requirements, reduce risk and improve commercial outcomes.
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Fire Horse26 audit includes:
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Labour rate verification
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Plant rate verification
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Material reviews
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Overhead assessment
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Fee calculations
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Defined Cost reviews
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Open book verification
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Duplicate cost identification
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Final report and recommendations
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Please note that these audits are contract specific only.
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Contract Provisions & Risk Review
We ensure a full understanding of your contract requirements are broken down in an 'easy to understand' format and include an annex of where your risks and opportunities lie at tender stage, precontract stage and during the contract works to ensure you are not compromised. We can proactively track contract deliverables whilst offering guidance to your project team on ways to streamline project delivery and reduce risk where possible.
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NEC contract amendments
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Commercial governance
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Payment mechanisms
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Defined Cost clauses
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Compensation Events
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Record-keeping requirements
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Audit rights
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Fee structures
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Cost recovery provisions
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Commercial reporting requirements
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Risk Management through project progression
NEC Commercial Support
Fire Horse26 has extensive dealings with the NEC form of contract and understand that contract deliverables can be daunting as they are extensive. We offer an immersive and/ or passive range of support to suit your needs and can cover all aspects of commercial management or part thereof, i.e.
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Compensation Events
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Early Warnings
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Defined Cost
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Forecasting
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Cost verification
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Payment assessments / applications
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Risk management
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Commercial and contract mentoring
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Client-side commercial advice
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Project Setup
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Peer Reviews
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Client meeting attendance
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Tracking of contract deliverables.
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Issuing and managing contract notices in the stipulated contract timeframes.
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Ensuring the contract is being adhered to.
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Embedded NEC QS Support – part‑time or full‑time, remote or site‑based.
Commercial Membership
So often, companies not so familiar with the NEC contract need an independent helping hand or require a sounding board to ensure their understanding of things are correct, or perhaps they need a second pair of eyes to review certain aspects of a tender, project, account, compensation event, risk etc.
Fire Horse26 offers an annual membership for 'on-hand' project or general commercial support available throughout the year.
Services included in membership:
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Telephone and email advice
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Contract reviews
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Tender submission review
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On-hand NEC guidance
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Drafting of contract notices
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Commercial problem solving
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Access to templates
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Priority response
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Annual health check
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Bronze Membership (only £850 per month)
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​Up to 16 hours Monthly Support Hours
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5% off other Fire Horse26 Services
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Silver Membership (only £1,200 per month)
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​Up to 24 hours Monthly Support Hours
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10% off other Fire Horse26 Services
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Gold Membership (only £1,530 per month)
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​Up to 32 hours Monthly Support Hours
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15% off other Fire Horse26 Services
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Platinum Membership (only £2,150 per month)
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​Up to 48 hours Monthly Support Hours
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Includes your annual independent cost assurance audit
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20% off other Fire Horse26 Services
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Terms and conditions apply
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Commercial Confidence, Independent Assurance, Better Outcomes.
