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Final Account Settlement
We manage the final account process from draft to agreement — accurate, fully substantiated, and agreed without unnecessary delay.
What’s included
- Final account draft preparation and variation reconciliation.
- Provisional sum and prime cost item reconciliation.
- Retention release assessment and certification.
- Loss and expense claim assessment and negotiation.
- Final account negotiation and agreement management.
- Post-contract cost report and project out-turn analysis.
We reconcile variations, provisional sums, claims, and retentions against the contract sum, protecting the client's position while maintaining a fair commercial relationship with the contractor. Our objective is always a final account that is right first time — not one that requires dispute to resolve.
Other parts of Cost Management
