The Cost Manager shall agree the final account with the contractor at completion, or at the latest one month after completion, and shall issue for signature the statement of final account.

The Cost Manager shall prepare a final cost analysis including a capital allowance and fixed asset analysis for each settled final account. These analyses should be passed to the Project Manager.

A valuation certificate will then be required to be issued by the Project Manager to Imperial College London.

Initial estimate of costs (Stage 0)

Responsibility

Cost Manager

Output

Final account, Final cost analysis