Commercial Control & Capital Projects

Most organisations face the ongoing challenge of maintaining value from contracts and transactions with third parties. This is especially true when the services, products and contractual terms involved are complex, difficult to understand and lack transparency.

Our Commercial Assurance team can enable your organisations to quickly identify saving opportunities resulting in greater value, and also reap the benefits of process enhancements, knowledge transfer and ongoing assurance needed to sustain value across the contract lifecycle. Our experience shows that there are significant financial and operational benefits from a structured approach to managing these critical third party relationships.

Key challenges

Cost reduction
IT programmes
Capital projects

Cost reduction

Effectively managing risk and optimising the outcomes from third-party relationships is an ongoing challenge for most organisations.

With outsourcing levels and reliance on third-party providers on the rise, these relationships and underpinning contracts require a greater degree of proactive contract and commercial management to ensure they deliver what the business needs in the most cost-efficient manner.

Our Commercial Assurance team apply a contract governance and audit approach through a commercial lens to help our clients enhance the outcomes of their programmes and relationships involving third-parties.

How can we help?

Contract review
Supplier compliance
Commercial modelling
Contract management
Negotiation
Contract readiness and set-up
Contract exit

IT programmes

We provide ongoing QA for clients undergoing large-scale technology-enabled change programmes.

Our approach brings together broad expertise across programmes, technology and commercial contracting to identify key risks and embed monitoring and QA mechanisms to set our client programmes up for success.

How can we help?

Third party strategic selection
Contract formation
Decision support
Business case challenge

Capital projects

Capital projects are rarely out of the headlines, whether for failed procurements, supplier legal challenges, delays or cost overruns. Mitigating such risks can be demanding and with global capital expenditure predicted to exceed $9trn by 2025, programme owners are being faced with increasing levels of complexity and commercial risk.

So what really happens on projects, and how can governance of these risks be improved? We believe more attention is needed between the major review points and below the programme and project boards in order to link governance with the reality of projects and facilitate timely, well informed decisions.

How can we help?

Procurement and commercial delivery partner
Capital estate revenue and expenditure assurance
Contract exit and project close out

Our service

Contract risk

Insights

100 results

02/05/25

Pensions accounting trends – March 2025

Observed market practice on pensions accounting trends assumptions at 31 March 2025.

30/04/25

PwC UK and FT Live

With many organisations looking for a trusted AI partner to help tackle the challenges and opportunities afforded by AI, we’re delighted to be the AI partner sponsor of the FT Live events series. AI is creating new routes to value, driving efficiency, productivity and net new opportunities for growth. But what does...

30/04/25

Value in motion

Discover the future of your industry with PwC's Value in motion study. Learn how AI and climate change are reshaping industries to create new growth opportunities.

30/04/25

International research funding systems: A comparative analysis, April 2025

Higher Education institutions in the UK are facing increasing financial pressures that threaten to impact the quality and breadth of both their provision and student outcomes, according to new analysis by PwC and Universities UK.

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“At the heart of our business are diverse and talented teams to help achieve our goal of being pioneers in a world of changing risk. Join us and you’ll be part of an inclusive culture that enables risk professionals to thrive by nurturing innovation and curiosity. Our investments in technology and digital give our people the tools and skills they need to help our clients solve the problems of tomorrow, not just today.”

David Wong,Risk, Chief People Officer