Posted by: markstephensarchitect | January 18, 2012

Architect as Accountant

Continuing the posts on the roles an architect takes on in his job; it’s an obvious one but one I’m sure most forget is ‘Architect as Accountant’:

I posted a FACT SHEET ON HOW THE BUILDER IS PAID and it’s the architects role in a traditional Client/Builder Agreement to undertake the following:

- Inspect that the works are in accordance with the contract documents
- Check that the builders valuation is correct
- Calculate payments to date, retention amount etc…
- Certify the correct amount for the client to pay

Now they’re not the most complex calculations out but they are incredibly important. If the architect over certifies then there is a risk that if the builder goes bust; there’s insufficient funds in the kitty to complete the works.

It is therefore essential that the architect takes this role sensibly and carefully as there can potentially be a lot at risk…

A short post today but probably one of the most important. Comments welcome as always…


Responses

  1. [...] the ‘Architect as…’ theme (here’s a more recent post on ‘Architect as Accountant’ as an example), this short post is Architect AND Client as [...]


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Connecting to %s

Categories