Contract Accounts Administration

The administrative aspects of construction projects in preparing interim accounts, variations, claims, price variation, dayworks  and the use of IT.  

1. Show an awareness of the administrative aspects of construction projects and the contractual obligations that underpin administrative procedures.

2. Understand interim accounts and all its associated parts including variations, preliminaries, increased costs, claims, and dayworks.

3. Apply the knowledge gained in addressing administrative issues on construction projects including remeasurement of accounts.

4. Understand the Construction Contracts Act 2013 and how this applies to Sub-Contractors.

5. Understand the different terminologies on construction sites and the processes involved in ordering of materials.

6. Cash Flow projections and profit reporting.

7. Understand Site Preliminaries costs