Blog

19th April 2021

Everyone knows the rules of the game - so start as you mean to go on

At Quantum we believe in playing fair, so don't be afraid to remind your customers of the rules of game during contracts - you'll be amazed what impact it has on getting paid at final account stage.

We always encourage our clients to ask to get paid for what they do. Sounds obvious right? Unfortunately, however, if you don't keep track of your costs or don't communicate these with your customer as your contract progresses, asking to be paid for what's justifiably yours at the end could be an awkward conversation to have!

We say make sure you don't do anything for nothing and make sure you tell those that are expected to pay for it as you go along. You will be surprised how adjusting your behaviour from the beginning makes agreeing the final account more straight forward at the end.

To help you with this, Quantum CPM provides a Final Account Control service. This ensures that your Final Accounts are submitted on time after completion of jobs - properly prepared first time with appropriate back-up.

Get your Final Account Control under control

With Final Account Control you'll have a structured and monitored approach to the submission of your accounts, which narrows the issues using appropriate techniques and helps you to avoid disputes.

In our experience this helps Contractors and Sub-Contractors in numerous ways. It provides commercial training and introduces dispute control techniques, such as preparing Scott Schedules, prioritising effort through risk management and probability assessments - thus reducing 'flogging dead horses' (which we see so often) and improving QS efficiency.

Part of our Bundle of Services

Our Final Account Control service is one part of our bundle of services designed to help Sub-Contractors and Contractors protect themselves more comprehensively in construction projects and make sure their services can be delivered as promised with the minimum fuss or risk of financial loss. These start with Contract Vetting prior to even agreeing to work on the project right through to Retention Fund Management.

For a free initial consultation, contact Quantum CPM on 0161 974 6655 or email .

Find out more about our bundle of services.

RICS member logo, providing Quantum CPM clients with independent assurance on the quality of our services
Chartered Institute of Arbitrators (CIArb) member logo, the professional body for dispute avoidance & dispute management
Society of Construction law member, supporting its aims to promote the adoption and understanding of construction law