We were approached by a contractor after the practical completion of a basement and high-end residential refurbishment in Kensington, London. The contractor was struggling to agree with the contract administrator on the final account and believed they were due an additional £340,000 due to variations and delays to the project, which the contract administrator was not prepared to pay.
We reviewed the final account claim and noted a significant number of ambiguities in the account as the contract documentation had not been managed in accordance with best practice. The information required to present the claim was either not present or not reliable.
We therefore advised that the contract sum document and all variations should be recalculated in order to establish the contract rates and monies owed. Based on the results, a full claim for the final account including £240,000 in variations was made to the contract administrator.
After several meetings between ourselves, the contractor and the contract administrator, the account was settled, including the £240,000 in variations.