The perils of auditing

Article Abstract:

Quantity surveyors have taken on an auditing role since the emergence of management contracting. Construction management has had the same effect on the industry, with quantity surveyors increasingly carrying out auditing duties. Suggestions for how the quantity surveyor should approach the role as auditor are included, along with tips from chartered accountants on how to manage professional liability.

Accounting and auditing

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Proving contractors' claims

Article Abstract:

Building contracts can offer protection for contractors in the event of time extensions or work variations. However the level of detail required to prove loss and expense is a continuous source of debate between contractors and quantity surveyors. Two cases described highlight the need for sufficient details supporting information on loss and expense.

Building, Developing, and General Contracting, Contract Construction, Construction industry, Construction contracts

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Do prime numbers add up?

Article Abstract:

Issues are presented concerning the costing of prime contracts and of the importance of correctly assessing the liability which may exist after the completion of the contract.

Management, Risk assessment, Liability (Law), Legal liability

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