
Construction Cost Value Reconciliation (CVR) Best Practices for Main Contractors
On a typical UK main contractor project, where the majority of direct project cost is subcontracted — most of the commercial risk is carried by
Simplicity Meets Functionality: Crafted with both novice and experienced project managers in mind, our Excel sheet is intuitive yet robust, offering a user-friendly interface without compromising on the depth of features.
Comprehensive Expense Tracking: Our template allows for detailed tracking of every cost associated with your construction project. It categorizes expenses into easily understandable groups, enabling you to see where every penny goes.
Customizable Categories: While our Excel sheet comes pre-loaded with common expense categories in construction, it’s fully customizable to suit your specific project needs. Add or remove categories as you see fit, ensuring every aspect of your project is accounted for.
Change orders are just one part of effective construction cost management. Browse our full collection of free construction templates, including:
View All Construction Cost Management Templates here.
If you are still controlling your construction costs in Excel then you have to take step further and start using construction cost management software. Import your construction project budget file into Bauwise and control costs effortlessly.
Mikk Ilumaa is the CEO of Bauwise, a leader in construction financial management software with over ten years of experience in the construction software industry. At the helm of Bauwise, Mikk leverages his extensive background in developing construction management solutions to drive innovation and efficiency. His commitment to enhancing the construction process through technology makes him a pivotal figure in the industry, guiding Bauwise toward setting new standards in construction financial management. View profile
Read our articles where you can find useful and relevant information about construction cost control:

On a typical UK main contractor project, where the majority of direct project cost is subcontracted — most of the commercial risk is carried by

The Construction Industry Scheme (CIS) is not new to UK construction. Most commercial teams work within it every month. What the scheme demands in practice

Main contractors are known to operate on razor-thin margins, with 2025 contracting margins of the top 150 contractors and housebuilders reportedly reaching 2.3% (Building.co.uk). At
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