FINAL ACCOUNT

PROCEDURE ??

WITHIN 6 MTHS OF PRAC COMP, CR MUST SEND ALL NECESSARY F/A PREPARATION TO
ARCH / QS
WITHIN 3 MTHS OF RECEIPT, QS/ARCH MUST ASCERTAIN :-
STATEMENT OF ALL ADJUSTMENTS TO THE CT SUM
L&E DUE TO THE CR
CR GIVEN A COPY OF THE F/A STATEMENT BEFORE THE ISSUE OF THE FINAL
CERTIFICATE

ADJUSTMENTS TO THE CT SUM ??

DEDUCT

ALL PC SUMS (INC CRs PROFIT)

ALL PROV SUMS
ALL VALUES OF APPROX QUANTS
VARIATIONS OF OMISSIONS
DEDUCTABLE AMOUNTS
INACCUARATE LEVEL & SETTING OUT
WORKS / MATS NOT IN ACCORDANCE WITH THE CT
DEFECTS NOT MADE GOOD
AMOUNT ALLOWABLE TO EMPR UNDER FLUC CLAUSES

ADD

F/A OF NOM SUB CR / SUPP INC PROFIT

AUTHORISED EXPENDITURE AGST PROV SUMS
RE-MEASURED APPROX QUANT ITEMS
VARIATIONS THAT ARE ADDITIONS
LOSS / EXPENSE
INSURANCE PREMIUM
FLUCTUATION PAYMENT
MONIES DUE FOR STAT FEES AND CHARGES
MONIES DUE FOR INSPECTING & TESTING