Under cost reimbursable or target cost arrangements, clients and main contractors need to know that they are paying the right amounts to their subcontractors.
Yet there is no “best practice” in the construction industry regarding cost assurance, as the work carried out isn’t regulated.
In our experience there are many client and contractor organisations who are needlessly spending money on ineffective and expensive cost assurance.
Our reimbursable subcontract series distils much of the learning we have gained from our experience as the leading UK provider of cost assurance on major capital projects over the last 20 years.
- We share our insights and many practical tips in the four videos below
- For a more detailed, deeper dive into our learning, please download our extended thought paper
