It includes any works that are paid to the contractor through the main contract. Typically, the final account includes any loss and expense associated with any ... |
3 февр. 2023 г. · Preparing the final account is the process of calculating and agreeing any adjustments to the contract sum. |
The final account marks the formal end of the financial relationship between the employer and the contractor, save for any latent defects. Contractual ... |
13 дек. 2016 г. · This article summarizes what a final account is and how they are used to establish a final adjustment to the contract price. |
9 дек. 2020 г. · In construction contracts, a final account is an agreed statement concerning the amount of money to be paid at the end of a building contract ... |
A Final Account prepared after practical completion in building contracts is an overall agreed statement of the total amount of money to be paid at the end of a ... |
21 апр. 2023 г. · A valid final account or final statement will usually be considered conclusive evidence of the sum due under a construction contract. |
16 мая 2022 г. · The final statement becomes conclusive if it remains unchallenged and therefore provides a definitive record between the parties that neither contest. |
24 июл. 2023 г. · A Final Account is a document used to account for the total cost of a construction project, including all variations, changes, and any other ... |
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