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Progress Claim Assessments Progress payments are an essential component of good contract management and ensure that only work completed has been claimed. It also ensures that the funds spent on the project at any given time do not exceed the value of the work completed. Progress claims can be straight forward, but often there are complex considerations, such as special contractual arrangements for progressive payments. In these circumstances, PQS will ensure that payments are processed in accordance with the contract, in a timely manner. Variations Management To successfully incorporate variations in a project, systems need to be established which should be clearly itemised in all documents and formal contracts. They should also be detailed in the procedures manuals for each project. Once these steps have been implemented, efficient and controlled management of the procedures will ensure that very few unexpected variation claims arise. If any do arise, they can be quickly finalised by adhering to the variation procedures already documented, and conducting negotiations to discuss costs and time involved. PQS has the skills and experience necessary to understand the complexities of variations, and to conduct the procedures, analysis and negotiations necessary to produce a successful outcome for all parties.   Financial Reports Regular monthly reports detailing the financial aspects of the contract are essential to control, monitor and predict the final outcome of the contract. Project Performance Audits/Post Occupancy Reviews A Final Account is a necessary step for effective project administration. A project performance audit is particularly beneficial for clients who intend to continue with other projects. The audit will help to identify mistakes by comparing the planned project performance with the actual performance. Mistakes can be extremely costly, and by identifying them with an audit it will ensure these errors are avoided in the future. Audits cover every aspect of a project, from the form of contract used, to consultants and contractors, equipment used, delivery systems, administration and cost control systems.
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