Final Account Agreements

Agreeing an important final account can be a tense time for construction firms. Lagging variations, loss and expense accounts, defects notices, contra-charges, outstanding extension-of-time claims and the levying of delay damages can all lead to significant differences between each party’s proposed final account.

Rowfield’s dual-qualified consultants can help you calculate your true entitlement, and often identify additional contract value. We will assist you in creating a detailed document that clearly demonstrates the contractual validity of the sum requested. Rowfield’s consultants can attend your final account negotiations. Using our expertise, we regularly persuade the other party into a positive position.

Rowfield will provide a robust and fully supported account of:

• The contract sum
• Adjustments to the contract sum
• Referenced to conditions of contract
• Variations, provisional sums or remeasured works
• Works complete on day-work basis
• Loss and expense claims
• Applicable fluctuations
• Agreement presented for signature