It seems that your client did not know the total scope of work, and that is why it was presented in a lump sum item. The best hope is that your Tendering person visited the site and put down a good amount.
The first thing that you should do is make a list of the complete items that you have as of this moment. The you include it in the Program of works as activities to be completed and let the Engineer comment on it. Once you complete the items on the list, you can invoice their percentage.
Of course, the problem is with the unforeseen items. You will have to list them as they arise, and recalculate the value based on the new distribution.
Of course, you might end up with a huge amount as a result, if you reach that stage, let us know.
Member for
17 years 3 monthsRE: Special preliminary Item -Time related or value related
Dear Raj,
It seems that your client did not know the total scope of work, and that is why it was presented in a lump sum item. The best hope is that your Tendering person visited the site and put down a good amount.
The first thing that you should do is make a list of the complete items that you have as of this moment. The you include it in the Program of works as activities to be completed and let the Engineer comment on it. Once you complete the items on the list, you can invoice their percentage.
Of course, the problem is with the unforeseen items. You will have to list them as they arise, and recalculate the value based on the new distribution.
Of course, you might end up with a huge amount as a result, if you reach that stage, let us know.
Good luck,
Samer