Quantity Surveying
Quantity Surveyors are construction industry professionals with expert knowledge on construction costs and contracts, who are responsible for managing all aspects of the contractual and financial side of construction projects.
Our approach to cost management is proactive and detailed. Our service delivery includes the following:
Cost Planning from inception to completion, providing a realistic cost framework within which the design can be developed whilst ensuring compliance with the client’s brief
Cost modelling based on historical cost data of previous projects and benchmarking information
Advising on economic factors influencing the cost of the project with a high level indication of cost and potential savings based on value engineering / rationalization
Project space allocation audits
Economic viability studies
Continual monitoring and updating of the cost plan during the design development stage involving identifying and eliminating unnecessary cost and ensuring value for money
Reviewing and evaluating design specifications whilst exercising cost control in conjunction with the other professional consultants during the design development stages
Preparation of cash flow forecasts
Risk management involving studies to appraise the susceptibility of the project to cost or program risk
Life cycle cost analysis
Managing the process by which tenders are procured for the works in order to secure the best price in the market within the time available.
Preparation of tender procurement documentation using quantified bills of quantities which provides a uniform basis for contractors to tender on
Appraisal of tenders received and tender report
Preparation of contract documentation for signature purposes
Attending regular site, technical meetings
Preparation of procurement documentation for selected sub-contract works
Management of Prime Cost and Budgetary allowances
Preparation of monthly valuations for interim payment certificates
Preparing pro-active estimates for proposed variations for client decision-making
Measurements and adjustments for variations to the works and the reporting of associated costs on an ongoing basis
A robust change order process is established where all changes are assessed for cost and programme implications prior to incorporation within the design
Re-measurement of the provisionally measured elements on an ongoing basis
The evaluation of tenant requirements involving separate accounting for each tenant
The preparation of regular cost reports to reflect the financial status of the project
Adjudicating and resolving financial claims by the contractor
Preparation of the final account and the settlement thereof with the contractor