Orange Blog

Orange Blog

Our latest thoughts, news, ideas and insights around cost assurance in construction and major contracts.

Let us know what you think.

phil

By Phil Joyce

Beware of too much jargon I have two daughters, one who is 22 and the other 25. I love them dearly, but they are, in many ways, creatures from another planet.  Their use of technology, language and overwhelming fascination with Love Island creates a barrier which I will never be able to cross.  When my youngest expressed her distress as… Read more »

paul

By Paul Railton

“Unknown unknowns” Most of the time you will get a warm feeling by placing reliance on a trusted FM specialist to provide you a good service and charge you the right amount per the contract. And if that feeling is more tepid than warm, you may use your own team to carry out checks, to tell you that you’re being… Read more »

phil

By Phil Joyce

Substantiation is of limited value Under cost reimbursable or target cost arrangements, clients need to know that they are paying the right amounts to contractors.  They almost always employ a team (often a third party) to check that costs are fairly stated. The traditional approach used by the majority of teams to check costs involves the, “substantiation” of transactions on… Read more »

phil

By Phil Joyce

Reducing the cost of checkers by two thirds I first entered into the world of checking costs on major programmes delivered using cost reimbursable and target cost arrangements more than a decade ago, as part of a multi-billion pound infrastructure programme. I was able to reduce the cost of checkers by about two thirds by moving away from traditional methods… Read more »