Lens Blog: Record keeping

Lens Blog: Record keeping

FIS Consultant Len Bunton looks at the importance of keeping records and why this is vital.  It is not uncommon for disputes to emerge on contracts that were concluded 3-4 years ago, so your records need to be collated and stored and archived, because you never know when you might need them.

Members can see the full blog

These monthly Blogs are designed to help FIS Members avoid common traps and build on our focus on collective experience.  They share ideas about improving the commercial management of your contracts. In other words, instilling best practice into the way FIS members run and manage their business. What I have endeavored to suggest is ways to ensure you get paid on time, and what you are due.

Lens Blog: Suspension

Lens Blog: Suspension

FIS Consultant Len Bunton looks at the Contractors Right of Suspension and the process that should be followed.

Members can see the full blog

These monthly Blogs are designed to help FIS Members avoid common traps and build on our focus on collective experience.  They share ideas about improving the commercial management of your contracts. In other words, instilling best practice into the way FIS members run and manage their business. What I have endeavored to suggest is ways to ensure you get paid on time, and what you are due.

Lens Blog: Adjudication

Lens Blog: Adjudication

FIS Consultant Len Bunton looks at the recently released report published by Kings College London – 2022 Construction Adjudication in the United Kingdom: Tracing trends and guiding reform – which provides a good snapshot of current trends.

Members can see the full blog

These monthly Blogs are designed to help FIS Members avoid common traps and build on our focus on collective experience.  They share ideas about improving the commercial management of your contracts. In other words, instilling best practice into the way FIS members run and manage their business. What I have endeavored to suggest is ways to ensure you get paid on time, and what you are due.

Lens Blog: Adjudication

Lens Blog: Conflict Avoidance

FIS Consultant Len Bunton continues with the theme of getting paid, and what options are open to FIS members. These monthly Blogs are designed to help FIS Members avoid common traps and build on our focus on collective experience. 

My Blogs to date have attempted to share some ideas about improving the commercial management of your contracts. In other words, instilling best practice into the way FIS members run and manage their business. What I have endeavored to suggest is ways to ensure you get paid on time, and what you are due.

This time I want to talk about two issues. First the Conflict Avoidance Process, or CAP and Adjudication…

Members can see the full blog

Lens Blog: Adjudication

Lens Blog: Getting Paid

FIS Consultant Len Bunton continues with the theme of getting paid, and what options are open to FIS members. These monthly Blogs are designed to help FIS Members avoid common traps and build on our focus on collective experience. 

One of the things you need to do is to make sure your invoice goes to the right person in the organisations who you are working for on a project, so establish that from the outset before work commences on site. In fact, I would encourage you to have this in the minutes in the Pre-Start Meeting Minutes, so there is absolutely no disagreement on this.

There has been an interesting survey recently which looked at why invoices are often rejected as follows…

Members can see the full blog

Lens Blog: Adjudication

Lens Blog: What steps FIS members can take if they are not getting paid

FIS Consultant Len Bunton continues with the theme of getting paid, and what options are open to FIS members. These monthly Blogs are designed to help FIS Members avoid common traps and build on our focus on collective experience. 

As I have set out previously, some of this is self-induced, and that is why I have been working with a number of organisations to help them improve their financial management of contracts. I emphasise again that your payment applications need to be made on time and be fully detailed – if you fail to do either of these, or even worse, both of these, then you will not get paid what you think you are due. However, there are other actions you can take…

Members can see the full blog