OpenConstruction Academy
EN
EnglishDeutschFrançaisEspañolItalianoPortuguêsNederlandsPolskiČeštinaУкраїнськаРусскийБългарскиTürkçeSvenskaNorskSuomiDanskالعربية中文日本語한국어Español (México)हिन्दीไทยTiếng ViệtBahasa IndonesiaRomânăHrvatskiМонголКыргызчаEestiবাংলাҚазақшаFilipinoاردوفارسیעבריתΕλληνικά

English · GB

UK: Tender to Variation on a JCT Building Job

Six lessons follow one UK job in OpenConstructionERP: pricing an NRM 2 tender, comparing subcontract bids, a JCT interim payment with retention, Construction Act payment notices, CIS and the VAT reverse charge, and valuing a Variation.

Tallowgate Works, a building project for the client Quayfold, with Tandlewick Construction as main contractor and Haughmoor Groundworks as a subcontractor. · 6 videos · 37 min

Play from the start · 01
  1. 01 5:53 · 4 Chapters · Estimate & cost plan How to Price a Construction Tender (NRM 2)We price a UK construction tender in OpenConstructionERP, starting with the bill of quantities and working through to the tender sum. The example follows an NRM 2 structure and includes measured work, subcontract quotes, preliminaries, risk, overheads and profit.
  2. 02 6:01 · 4 Chapters · Tender & procurement How to Compare Subcontractor BidsWe compare subcontractor bids for the same work package in OpenConstructionERP. Before looking at the totals, we check exclusions, missing scope and the assumptions behind each quotation.
  3. 03 6:25 · 4 Chapters · Build & control JCT Interim Payments and RetentionThis example follows an interim payment on a JCT-style building contract in OpenConstructionERP. We enter the contract terms, value the work completed and calculate retention before reviewing the amount due.
  4. 04 6:27 · 4 Chapters · Build & control Payment Notice vs Pay Less NoticeWe follow a construction payment timeline in OpenConstructionERP, from the due date to the final date for payment. The example looks at payment notices, pay less notices and the record of when each notice was served.
  5. 05 6:34 · 4 Chapters · Build & control CIS Deductions and VAT Reverse ChargeWe work through a subcontract payment in OpenConstructionERP with CIS deductions and the domestic VAT reverse charge. The example separates labour and materials, follows the invoice and shows how the payment is recorded.
  6. 06 5:54 · 4 Chapters · Build & control How to Value a JCT VariationWe record an architect's instruction and work through the valuation of a variation in OpenConstructionERP. The example connects the changed scope, quantities, rates and supporting records with the review and agreement of the order.