Client Issuesand Concerns

Chartered Accountants providing cost assurance on major open book contracts

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Plant and material costs are on the up – Construction could be in for a bumpy ride.

Plant and material costs are on the up – Construction could be in for a bumpy ride.

Two things I understand are cars and costs. There are many other things in life that...

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A perfect storm has been brewing for inflation

A perfect storm has been brewing for inflation

Current indicators for inflation in the construction industry are increasingly worrying. Latest estimates are that...

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Keep it simple – the 6 basic questions you should ask of your cost assurance provider

Keep it simple – the 6 basic questions you should ask of your cost assurance provider

I have two children, both teenagers. I love them dearly, but they are, in many...

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10 red flags your contract/subcontract may be running into trouble

10 red flags your contract/subcontract may be running into trouble

A feeling of unease Operating major contracts and subcontracts can be challenging at the best...

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Cost Assurance implications related to COVID-19

Cost Assurance implications related to COVID-19

There are emerging COVID-19 related risks around People and Design charges relating to Clients operating...

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Cost assurance complexity around furlough payments

Cost assurance complexity around furlough payments

In our previous paper we shared some of the COVID-19 related cost risks that are...

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Supply Chain Health: a matter of foresight or hindsight?

Supply Chain Health: a matter of foresight or hindsight?

Supply Chain health is clearly a serious concern for clients operating major construction programmes and...

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Be charitable, but not a charity: as clients navigate this period of uncertainty don’t be naïve with your supply chain

Be charitable, but not a charity: as clients navigate this period of uncertainty don’t be naïve with your supply chain

Be vigilant Over the past few weeks there has been no shortage of helpful advice...

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“How effective is your NEC cost-assurance?” NEC users’ group newsletter

“How effective is your NEC cost-assurance?” NEC users’ group newsletter

We were delighted to be asked to contribute an article on cost-assurance to the NEC users’ group newsletter...

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Why the traditional, substantiation approach to cost checking misses major issues

Why the traditional, substantiation approach to cost checking misses major issues

Substantiation is of limited value Under cost reimbursable or target cost arrangements, clients need to...

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Cost checking in major programmes: enhanced confidence or a waste of money?

Cost checking in major programmes: enhanced confidence or a waste of money?

Reducing the cost of checkers by two thirds I first entered into the world of...

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Assurance: is yours worth the paper it’s written on?

Assurance: is yours worth the paper it’s written on?

Background The word, “assurance” is used loosely as a badge to cover many activities carried...

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