Eine Plattform für die Wissenschaft: Bauingenieurwesen, Architektur und Urbanistik
Eine Plattform für die Wissenschaft: Bauingenieurwesen, Architektur und Urbanistik
The term ‘final account’ is used in the construction industry to represent an accounting process that determines the amount, if any, that is owed by one party to another at the conclusion of a construction contract. Various forms of contract have different procedures that deal with the final account process which must be respected. Measurement is central to the preparation of final accounts but its role varies according to whether the contractual arrangements are on a lump sum, measure and value or cost reimbursement basis. In each case, changes in quantities, variations, daywork, provisional quantities, provisional sums and calculation of the final account are dealt with in different ways.
The term ‘final account’ is used in the construction industry to represent an accounting process that determines the amount, if any, that is owed by one party to another at the conclusion of a construction contract. Various forms of contract have different procedures that deal with the final account process which must be respected. Measurement is central to the preparation of final accounts but its role varies according to whether the contractual arrangements are on a lump sum, measure and value or cost reimbursement basis. In each case, changes in quantities, variations, daywork, provisional quantities, provisional sums and calculation of the final account are dealt with in different ways.
Final Accounts
Williams, Peter (Autor:in)
20.10.2015
13 pages
Aufsatz/Kapitel (Buch)
Elektronische Ressource
Englisch
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| Taylor & Francis Verlag | 1993
Tony Bingham - Hands up those who want to deal with standard final accounts disputes?
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| TIBKAT | 1989/90(1990) - 2003/04(2004)