G
Guest

15 articles on Cost Control

Provisional Sums Nominated Subcontractors image Provisional Sums Nominated Subcontractors image
Understand provisional sums and nominated subcontractors in construction contracts, including FIDIC and JCT treatment, planning gaps, extension of time evidence, LD exposure, design-execution overlap risk, downloadable tools, and practical contract administration guidance.
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Anonymous

On site provisional sums for façade packages often stall follow trades; how do you budget floats for authority approvals?

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Anonymous

good conclusion

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Elie Saad
Jun 22, 2026
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Prime Cost Sums Construction image Prime Cost Sums Construction image
Learn how Prime Cost sums affect contractor risk, margin exposure, and BOQ pricing strategy. Includes real construction examples, split vs composite PC items, and OH&P placement guidance.
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Anonymous

On site, a $1/m² margin hit on 2,500 m² is real — who's covering extra wastage if tiles drop to $5/m²?

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Anonymous

On-site caution: for 2,500 m² ceramic tile PC sums, cheaper selections still increase wastage, handling and DLP exposure—place OH&P in installation.

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Anonymous

With the composite BOQ example (25 $/m²), if selected tiles cost $18/m², how do you price extra handling, protection and wastage—lump to installation or claim as variation?

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Anonymous

Practical caution: for 2,500 m2 with PC $10/m2 and tiles at $18/m2, add a DLP/replacement allowance into the installation rate.

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Elie Saad
Jun 14, 2026
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Construction Project Retention image Construction Project Retention image
Learn how construction retention works with clear formulas, bond types, accounting entries, and examples. Ensure cash flow and quality in your projects.
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Anonymous

Retention can be a double-edged sword. While it ensures quality, it can also strain cash flow. Have any contractors found effective ways to manage retention without compromising project timelines?

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Anonymous

Great read, thx

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Anonymous

👍

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Anonymous

clear, thanks! 👏👏👏👏👏

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Anonymous

Tariq Malik: Managing retention can feel like juggling while riding a unicycle. I've seen some contractors use retention bonds to ease cash flow, but it’s still a balancing act to keep projects on track.

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Elie Saad
Apr 14, 2025
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Requisition Form image Requisition Form image
Learn what a requisition form is, how it is used for materials - Purchase Requisition - and services, how it protects budget before PO or work order commitment, and which forms and logs help contractors track requests, allocation, and actual usage.
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Anonymous

⭐⭐⭐

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Anonymous

🔥

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Anonymous

If requisitions are still circulated by Excel/email, how do you ensure a reliable stock check so the "last internal control point" remains effective before issuing the PO?

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Anonymous

On site we log stock with photos and scans before PO — how do you keep Excel/email stock checks current?

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Elie Saad
Mar 14, 2026
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Backcharge Notice Template Construction Subcontractor image Backcharge Notice Template Construction Subcontractor image
Download two construction backcharge notice templates in Excel and PDF: a Notice to Correct and Intent to Backcharge issued before corrective work, and a Final Backcharge Cost Notice issued after costs are incurred.
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Anonymous

On-site: ensure photos and daily reports match the Notice to Correct dates—who verifies them?

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Elie Saad
Jul 19, 2026
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Backcharges Construction Contracts Nec image Backcharges Construction Contracts Nec image
NEC backcharges explained under NEC4 ECC and ECS: Defect notification, access, defect correction periods, Clause 46 assessments, correction by others, Defined and Disallowed Cost, payment recovery, and Contractor or Subcontractor objections.
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Anonymous

On site we always verify Clause 43 Defect notices and log access; practical caution: confirm access dates before incurring correction costs.

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Elie Saad
Jul 19, 2026
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Challenge Improper Construction Backcharge image Challenge Improper Construction Backcharge image
Learn how to challenge an improper construction backcharge by testing contractual entitlement, notice, responsibility, right to repair, cost records, betterment, delay causation, IPC deductions, payment notices, and duplicate recovery.
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Anonymous

On site I'd insist on the Inspection and Test Plan records before accepting a backcharge—what if the NCR predates the defect?

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Elie Saad
Jul 19, 2026
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Work Breakdown Structure Explained image Work Breakdown Structure Explained image
Learn what a Work Breakdown Structure (WBS) is, how to create one, how it differs from activity codes, cost codes, BOQs, and material codes, and how it is used in planning, reporting, budgeting, contracts, and construction project controls.
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Anonymous

🤔

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Anonymous

Creating a WBS feels like organizing a messy closet—easy to start but tricky to keep tidy!

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Anonymous

On site the 100% Rule breaks when temporary works, permits or testing are omitted. Practical caution: add temp works and handover to the WBS early. How do you track temporary works in your WBS?

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Anonymous

call to action, thx

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Anonymous

On-site I've seen deliverable-based WBS catch missed MEP interfaces—how do you handle overlaps in a hybrid WBS?

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Lena Miller
Mar 22, 2026
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Construction Cashflow Prediction image Construction Cashflow Prediction image
Learn how to accurately predict construction project cash flows using mathematical models such as polynomial and exponential curves. Discover essential adjustments, including advance payments, retention deductions, payment delays, and work-in-progress billing, to align predicted work with real cash outflows.
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Anonymous

The article presents an interesting approach to cash flow prediction. I'm curious about how the polynomial and exponential models compare in real-world scenarios. Have there been any case studies that highlight their effectiveness in different project types?

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Anonymous

in the real word, the normal distribution aligns more with the actual data. 👍

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Anonymous

The polynomial and exponential models seem promising, but how do they handle unexpected delays in real projects? Insights on adaptability would be valuable.

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Anonymous

The article highlights polynomial and exponential models, but how do they adapt to fluctuating resource availability during projects?

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Anonymous

Omar Wang: It would be useful to see case studies comparing polynomial and exponential models in various project types. Have any projects successfully implemented these models to adapt to real-world challenges?

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Elie Saad
Apr 26, 2025
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