Cash flow forecast on Ashbrook: S-curve, payment terms and retention

What you will do

You will be able to

• Build a contractor cash-flow forecast from programme and payment terms
• Find the funding peak and roll the forecast forward with actuals, pay less notices and retention releases

Skills checked

• Build a cost S-curve and cash out forecast from a cost-loaded programme
• Forecast cash in under the NEC4 Y(UK)2 payment timetable net of retention
• Find the funding peak of a contract and its finance cost
• Roll the forecast forward with actuals and pay less notices; forecast retention releases under the Construction Act

Tasks

1. 1Cost S-curve and cash outCVRFree
2. 2Cash in under the Y(UK)2 payment termsCVR
3. 3Net cash position and the funding peakCVR
4. 4Month 6: actual against forecast and the July re-forecastCVR
5. 5Retention release in the forecastCVR

Certificate

Awarded when all 5 tasks pass the numbers, trace and explain checks. The free tasks give a progress badge, not the certificate.

4.0 h of study

Certificates →

OpenConstruction AcademyProfessional certificateIssued toYour nameCash flow forecast on Ashbrook: S-curve, payment terms and retentionCourse version 0.1.3ID OCA-XXXX-XXXX

Files you work with

Created in your OpenConstructionERP workspace the moment you enrol.

• project
• parties4 records
• contract

The Ashbrook Community Health Centre tender set: drawings with revisions and a model, the same files a contractor's tender team receives.

Before you start

Recommended first:

• IntermediateProgramme and critical path on Ashbrook
• IntermediateInterim payment on Ashbrook (with a US pay application)

Questions