Once you achieve practical completion under a construction contract, it is time to negotiate the “final account”. This is the total amount that will be paid for the contract and there are a number of commercial items that need agreeing before it can be settled. These final account negotiations can be the most challenging and […]
Our top tips for getting paid on construction projects The construction industry has something of a bad reputation when it comes to managing cashflow. Earlier this year, research found that half of all invoices were paid late. In some cases, those invoices are never paid at all. Nobody can guarantee one party will pay another […]
In the latest podcast, Guy and Jason have a chat about keeping records in construction projects. The foundation for any claim or dispute, records are key to success in construction. But why are records so important? What type of records should we be keeping? And how many records to keep? The late Max Abrahamason, a […]
