The Long-Term Contract: Continious Collaboration And Communication

Try managing 30-year contracts for physical asset creation and maintenance. Working with some amazing energy companies building and maintaining wind farms, I have seen firsthand the challenges that arise.

It’s a complex task that requires careful planning and management to ensure that the assets are created and maintained to the highest standards over the course of the contract. One key to success is establishing clear expectations and standards upfront, to avoid misunderstandings or disagreements later on. Also it is highly relevant to understand that the change control procedure is a vital part of these kind of agreements.

Successful management of a long-term contract also requires continuous communication and collaboration between all parties involved. This includes regular meetings, updates, and reports to ensure that everyone is on the same page and that any issues or concerns can be addressed in a timely manner.

Another important point to mention is that there will be changes in staff. Making sure that the contract file is in order so hand over to new staff happens in a fast and orderly fashion.

But perhaps the greatest challenge in managing long-term contracts is ensuring that the assets remain relevant and efficient over time. This requires ongoing innovation and adaptation to new technologies and best practices throughout the entire contract period.

Overall, managing 30-year contracts for physical asset creation and maintenance is a challenging but rewarding task that requires skill, expertise, and dedication. Are you up for the challenge?

Arjen van Berkum

Arjen van Berkum is a columnist, keynote speaker and motivator, with an eye for business ecosystems, innovation and disruption. In addition to his work as technology and contract management evangelist, he is a visiting lecturer at Delft University of Technology (TU Delft).