Prepare and issue valuations for work

URN: LANFe21
Business Sectors (Suites): Fencing
Developed by: Lantra
Approved on: 01 Feb 2019

Overview

This standard describes how to prepare and issue valuations for work within a fencing context. This standard covers: • • • • • obtaining the relevant documents needed for valuation checking them against the contract requirements recording variations reviewing the documents identifying who is responsible for any additional work to be undertaken. This standard is suitable for contract managers, proprietors, surveyors, buyers and quality managers.


Performance criteria

You must be able to:

  1. obtain and review all the relevant documents required for

    valuation, check them against the contract requirements and

    record any variations

    1. inspect and check the work carried out against the contract

    requirements, record any variations and include these in the

    valuation

    1. check the compliance with the contract, and take into account the

    relevant legal, regulatory and company requirements

    1. agree action to rectify non-compliance, in accordance with the

    terms of the contract

    1. evaluate who is liable for the costs of any additional work, agree

    this with the client and document the decisions made

    1. prepare and issue valuations in accordance with the terms of the

    contract and within the agreed timescale

    1. provide valid evidence to justify and support the valuations

Knowledge and Understanding

You need to know and understand:

  1. the relevant legal, regulatory and company requirements

    governing contracts

    1. the different methods of monitoring deliverables and compliance

    with a contract

    1. how to obtain and check all the relevant documents required to

    prepare and issue valuations, and record any variations between

    documents and contract requirements

    1. how to inspect the work carried out against the contract

    requirements and record any variation between the work and the

    contract requirements

    1. what constitutes a breach of contract and what to do if this occurs

    2. how to evaluate who is liable for the costs of additional work

    3. how to issue valuations

    4. the evidence that can be used to justify and support valuations


Scope/range


Scope Performance


Scope Knowledge


Values


Behaviours


Skills


Glossary


Links To Other NOS


External Links


Version Number

2

Indicative Review Date

28 Feb 2024

Validity

Current

Status

Original

Originating Organisation

Lantra

Original URN

lanfe21

Relevant Occupations

Fencing

SOC Code

5319

Keywords

Fencing; Contracts; Valuations