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What would you include in a financial report?

Contract sum


Instructed variations


Potential future variations as advanced warnings
Claims
Anticipated final account total
Total of certified payments

What is the purpose of a financial report?

To report against budgeted values and act as a working cost check on the project budget.



To give the Client an understanding of any savings or additional monies required.



To report on contract progress against pre-contract predictions.



To avoid surprises for the client!

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