BuildQS vs Spreadsheet Payment Applications: Error Cost Calculator + Checklist
Spreadsheet valuation systems often work, until they fail at exactly the wrong time.
Luke Sanders
IT Developer
AAT qualified, Xero certified developer building software to modernise construction payment processes.
Spreadsheet valuation systems often work, until they fail at exactly the wrong time.
Luke Sanders
Retention is often treated as "we will get it later". That is not a strategy.
Luke Sanders
Late payments cost UK subcontractors time, cash and stress. Learn your legal rights under the Construction Act, how to charge statutory interest, and practical steps to recover what you're owed.
Luke Sanders
Learn how to calculate gross profit margins for construction projects. Worked examples in GBP, the margin vs markup difference, and a free calculator.
Luke Sanders
Learn how cash flow forecasting helps construction subcontractors predict income, plan for retention release dates, and avoid cash shortfalls across multiple projects.
Luke Sanders
Learn what retention release means on a payment application, when it happens, and how BuildQS calculates refund amounts automatically.
Luke Sanders
Learn how discount percentages work on construction payment applications, when they apply, and how they affect your gross valuation.
Luke Sanders
What is retention in construction? Learn how retention works, typical percentages, your legal rights, and how to make sure you get your money back.
Luke Sanders
Learn what a notified sum is, how it differs from the applied amount on payment applications, and why it matters under the Construction Act.
Luke Sanders
Understand payment notice deadlines under the Construction Act for JCT Standard, JCT Minor Works, NEC4, NEC3, and the Act's default scheme.
Luke Sanders
Understand VAT rates in UK construction including standard, reduced, zero, and the Domestic Reverse Charge. Essential guide for subcontractors.
Luke Sanders