It will determine whether budget is able to match ambition, as well as identifying what constitutes value for money. That truism applies regardless of a project’s scale, complexity or whether it’s a new build or refurbishment.
Our quantity surveyors help clients to monitor costs, ensure value for money, and exploit opportunities to strip away excess expenditure at every stage of the project:
Procurement advice and contract financial control
Our detailed understanding of the construction process and its attendant challenges is one of our key strengths. We have a long and successful history of working with principal and sub-contractors, advising on procurement, cost planning and the tendering process, and carrying out final account services.
A thoroughly researched cost estimate of a proposed building project is intrinsic to any feasibility study. At a fundamental level it can determine whether a project is viable or not. And it’s essential in drawing up a realistic budget.
Our quantity surveyors harness data from similar schemes we’ve worked on, establishing a clear benchmark for the project - that’s then used to measure progress and effectively monitor the development of the design. As the design develops, the order of cost estimate can be updated to establish Formal Cost Plans.
We can also advise on the types of contract available to the client, and help them to find the right tenderers for their project. Our consultants assist clients throughout the tendering process, from drawing up the documentation to ultimately recommending which bids to accept.
Sometimes tenders may exceed budgets. When that occurs, our quantity surveyors can value engineer the budget without significantly impacting the client’s position. If that’s not possible, we can help the client to obtain additional funding.
After the award of the contract, our quantity surveyors provide a full post contract service. It covers every aspect of cost consultancy, right up to the issue of the final certificate.
That service includes carrying out interim valuations with the contractor, issuing payment certificates, and implementing a cost challenging process for the valuation of variations. We also provide regular financial statements to the client, tailored to their requirements.
We’re used to working with all the current standard forms of construction contracts. Our expertise encompasses building, civil engineering, specialist sub‑contracting and works package contracting – we prepare and issue contract documentation, and liaise with our client’s lawyers on amendments, design warranties, bonds and parent company guarantees.
At the end of the process, we’ll agree the final amount with the contractors and certify any release of retention.