Cost Consultancy
Unlike many firms of property consultants, we have an in-house cost consultancy department which enables us to provide quantity surveying advice on development schemes quickly and efficiently.
This service enables us to offer clients a 'one stop shop' in terms of the key variables of values and costs when considering embarking on a development project.
Our cost consultancy department works closely with the valuation department particularly on loan security valuations for development funding purposes.
Our cost consultancy capabilities:
During the pre-contract phase
- Initial cost advice and feasibility studies
- The production of a detailed cost plan showing the estimated costs for each construction element within the scheme
- Ongoing cost checks as the design for the scheme is developed
- Advice on where the scheme may be altered to produce cost savings
- Risk assessment
- Advice on the most appropriate method of procurement
- Advice on the most appropriate form of contract
During the pre-construction phase
- Producing high quality tender documentation, tailored to the particular scheme
- Producing a pre-tender estimate, based on the actual tender documentation
- Issuing tender recommendations
- Compiling contract documents
During the construction phase
- Producing a cash flow forecast for the duration of the contract
- Monitoring the costs of variations and producing monthly cost reports
- Producing monthly interim valuations
- Agreeing the costs of variations, and preparing and agreeing the final account, including claims
