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Construction Site Handbook

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[English | 简体] Petty Cash

Particularly for sub-contractor , the key staff always carries a few thousands or more for the purchase of equipment and immediate services . This might be unavoidable , however it incurs a bad practice in cost control . Don’t overlook this daily petty cash , at the end of the day , you will find the cumulative sum of these site expenses occupies quite a significant portion in the running cost and deteriorates your profit.

Why? Because it is too convenient and without competitive pricing. Say a simple example , during the course of concreting, there must be a supply of drinking water on site for the workers. It is often to buy soft drinks and mineral water from the store, however with the early cooled down boiled water ( 凍開水 ), it also serves the purpose and you can save a hundred dollars in each time. This is all a matter of cost control and valuation of cost effectiveness.

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