Can an agreed final account be used in a construction dispute?
There are many reasons why construction projects don’t go according to plan and disputes arise. The final account can become an essential evidential tool in different types of disputes as it provides a valuation for various elements of the works.
Conversely, a poor final account that is badly ordered and presented can weaken the employer’s position in certain dispute situations and suggest poor practices.
It is always worth managing the final account efficiently as it could be used in a court of law one day. Keep this in mind as security against a future dispute. The final account must accurately reflect the position between the employer and the contractor so it can be used to counter any criticisms later.