Final report for construction works
The final report should provide a summary of activities during the construction phase, describing:
- The works that have been completed.
- The variations that have been agreed.
- Claims for loss and expense or extension of time that have been agreed.
- The original contract sum.
- The final account.
- The completion date.
It is useful if both parties to the contract sign off the financial aspects of the report as representing the full and final settlement for the contract.
It can also be useful to prepare an end of contract report that provides greater detail about the performance of the contractor and is a record that can be referred to in the future in the event of public scrutiny, legal proceedings or if a judgement is being made about whether to employ the contractor again. See end of contract report for more information.
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