Own The Build
Construction is one of the most complex, fragmented and challenging industries to work in, but when you reflect on a finished project, there is always great satisfaction in the work done. Join Quantity Surveyor and Founder of C-Link (www.c-link.com), Paul Heming, each week as he interviews experts from across the construction industry to share tactics for project success and uncover technologies of the future that will take us forward. Own the Build is a show for Main Contractors, Quantity Surveyors, Project Managers or anyone interested in learning more about the construction world.
Own The Build
Mastering On-Account Payments: Ensuring Smooth Cash Flow in Construction. (EP 184)
In this episode, Paul is joined by Patrick Carroll, QS and Founder of Carroll Estimating. This business provides a team of Contractor Quantity Surveyors and Estimators for less cost than one QS employee.
Paul and Patrick explore the intricacies of on-account payments and their critical role in maintaining smooth cash flow within construction projects.
- Challenges and Solutions: Common issues with on-account payments and strategies to ensure smoother transactions.
- Documenting and Following Up: Key steps subcontractors should take for timely payments.
- Accurate Payment Claims: The importance of accuracy in payment claims and best practices.
- Stories from the Field: Real-world examples of on-account payment challenges and successes.
- Frustrations and Solutions: Main contractors' frustrations are improving, and subcontractor transparency and communication are improving, especially during the tender stage.
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Want to connect with Paul?
Paul is on Linkedin here and would love to talk. You can also connect with Paul at paul@c-link.com or through, C-Link.
Watch the Video to learn more; you can book a demo by clicking here.
C-Link is software built by Quantity Surveyors for Main Contractors. We save 600 hours of Quantity Surveying time per project in automation. We can make your QS’ so much more efficient.