Field notes

The rules you have to work to

Plain explanations of the UK regulations, deadlines and pricing decisions that decide whether a construction business makes money. Written for contractors, with the statute cited, and useful whether or not you ever buy anything from us.

38 articles

Showing 7 of 38 · Payment

Contracts

Liquidated damages: when can they be deducted?

A pre-agreed daily rate for lateness. Three conditions have to be satisfied first, and employers regularly deduct without meeting them.

7 September 20264 min
Pricing

Dayworks: when they apply and what the sheet must show

The valuation method of last resort, and the one most often used first. An unsigned sheet is an invoice nobody agreed to.

7 September 20264 min
Payment

Final accounts: how to agree one without losing money

The last chance to be paid for anything. Miss the challenge period and the final certificate becomes conclusive evidence against you.

7 September 20264 min
Getting paid

Getting paid faster: quoting, invoicing and chasing

Most late payment is caused before the invoice is sent. Fix the quote and the terms, then chase on a schedule rather than a feeling.

2 June 20268 min
Payment

What is retention, and how do you actually get it released?

Three per cent of a year’s turnover sitting in someone else’s bank account is a real number. Here’s how retention works, and how to get it back.

26 May 20266 min
Payment

Applications for payment vs invoices: what is the difference?

They look similar and behave completely differently. One starts a statutory notice clock in your favour. The other doesn’t.

19 May 20266 min
Payment

What is a pay less notice, and when must it be served?

Miss the deadline and the notified sum becomes payable in full, however wrong it is. It’s the single most expensive date in a UK construction contract.

12 May 20267 min
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Blog: UK Construction Regulations, Payment and Pricing — Estimark