Negotiating and Agreeing Final Accounts
The final account sets out the amount to be paid on completion of a project taking account of the basis for reimbursement and any adjustments provided for in the contract.
The final account process generally involves determining and agreeing the value of changes and ascertaining any entitlement arising from any failure by either of the parties to fully comply with their obligations.
BrunswickIS seeks to agree accounts progressively as and when entitlement arises as part of the costs control process and endeavours to settle final accounts at the earliest opportunity. The final account statement is signed and provides a fully substantiated and auditable build up of the account.
Managing the Contract
Maintaining Project Controls
Controlling Project Cost
Controlling Project Change
Maintaining Collaborative Arrangements
Key Performance Indicators (KPI's)
Preparing Interim Valuations
Dispute Avoidance and Resolution
Agreeing Final Accounts