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Interim Valuations, Payment Certificates and Cash Flow for Construction

Contractors go under not because they lack work but because payment dries up while costs keep running. This course covers the monthly cycle of measuring work done, valuing materials on site, issuing payment certificates and forecasting cash on a construction project. It is grounded in the payment provisions common to building contracts used across Southern and East Africa.

What you will be able to do

  • Measure and value work completed for interim payment.
  • Value materials on site and off site correctly.
  • Prepare and check payment certificates against the contract.
  • Apply retention, advance payment and price adjustment rules.
  • Build and update a project cash flow forecast.
  • Handle payment disputes and late payment remedies.

Course outline

  1. 01The payment cycle and contract provisions
  2. 02Measuring work done for interim valuation
  3. 03Valuing materials on and off site
  4. 04Retention, advances and price adjustment
  5. 05Preparing and checking payment certificates
  6. 06Cash flow forecasting and the S curve
  7. 07Managing variations in valuations
  8. 08Late payment, disputes and remedies

Who should attend

Quantity surveyors, contracts administrators, site agents, finance staff and subcontract managers on construction projects.

Dates, venues and fees

DatesVenueDaysFeeCalendar
17 to 19 Aug 2026Nairobi3US$1,500
24 to 26 Aug 2026Durban3R13,000
31 Aug to 2 Sep 2026Johannesburg3R13,000
14 to 16 Sep 2026Mauritius3US$1,500
21 to 23 Sep 2026Dubai3US$1,500
28 to 30 Sep 2026Lagos3US$1,500
5 to 7 Oct 2026Harare3US$1,500
12 to 14 Oct 2026Kampala3US$1,500
19 to 21 Oct 2026Dar es Salaam3US$1,500
26 to 28 Oct 2026Pretoria3R13,000
2 to 4 Nov 2026Cape Town3R13,000
16 to 18 Nov 2026Online3US$900
23 to 25 Nov 2026Mozambique3US$1,500
30 Nov to 2 Dec 2026Cairo3US$1,500
7 to 9 Dec 2026Accra3US$1,500
14 to 16 Dec 2026Lusaka3US$1,500
21 to 23 Dec 2026Kigali3US$1,500

Fees are per delegate. South African venues are priced in rand; other locations and online in US dollars. Fees exclude 15% VAT where applicable. Group bookings of three or more delegates from the same organisation qualify for a reduced rate; contact us for a quotation.

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