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A new and better approach to Engineering balance of accounts
After the completion of a construction project, the contractor should provide settlement documents and do engineering balance of accounts with the contractee. This is an important section which is related to the vital interests of the contractors and the contractees. Since the positions and viewpoints of the 2 sides is different, and things change complexly in the process of the Project construction, both sides are prone to conflict in the process of clearing works, which results a long-delayed engineering balance of accounts, even lawing and serious conflicts. This is extremely detrimental to the building of a harmonious society.
The reasons for this phenomenon is the non-standard construction contracts, undefined items, besides, the contractors provide incomplete, inadequate or incorrect settlement documents (including accounts and related technical and management information. For example, mistakes of figures in the accounts, drawings, design changes or signatures are missing, and subscriptions fall short of provision. Another important reason is , contractors staff who are responsible for the Engineering balance of accounts is not familiar with the regulations and rations of our country, the industry and the location of construction projects. In the process of balance examination,they are not able to preserve the legitimate interests of the contractor by using the regulations and rations of our country, the industry and the location of construction projects. So the contractor may lose moneys they purpose to get.
To solve the above problems, a new and better approach to Engineering balance of accounts is to commission a professional cost consulting company which is qualified to do this job. A qualified cost consulting company is with qualifications sanctioned by the country and society, and has experienced cost engineers who are familiar with the state relevant policies and legislation. It also has a service system of project cost, a process and a management system of project cost. Engineering accounts compiled by a professional cost consulting companies which is qualified have several advantages as follows
It could reduce mistakes in the account.
It could guarantee complete and normative account documents.
It could guarantee effective communication with the contractees,
and preserve the legitimate interests of the contractor according to regulations and rations of our country, the industry and the location of construction projects and terms of the contract.
It could speed up the Engineering balance of accounts and raise efficiency.
Such advantages are well shown while Guangdong Xinyi Cost Consulting Co., Ltd does Engineering balance of accounts with the commission of construction units. Practice proves that committing a professional cost consulting companies which is qualified to compile Engineering accounts is a new and better approach to Engineering balance of accounts. In this way, the legitimate interests of both the contractors and contractees(especially the contractors) can be preserved. It is very important for reducing conflicts between the contractors and contractees and building a harmonious society.
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