Final Account Agreement
When to use it: It is vitally important to achieve a clear and concise statement of the final sum due to the Contractor. This is done by preparing a statement which summarises the total of cost changes occasioned by variations, adjustment of provisional sums, claims, dayworks, etc.
Mensura draws together all of these elements and prepares a statement for signature by the Contractor and the Contracts Administrator (or the Employer). This draws the contract finances to a close.
A discount of up to 80% is available when Mensura has been appointed to prepare Financial Statements/Cost Reports as we will already have access to much of the information required. Please contact us for a discount code which will be added to your account. Create an account here.
Scope of Service
Our Final Account Agreement service includes:
- Receipt and review of the contract file
- Assimilation of data to create the Final Account Statement
- Preparation of the Final Account Agreement
- Instructions for completion of the Final Account Agreement
- Notes of any issues or concerns.