Client Services: Completing a project within time and budget

 

It is not inevitable that a building project will finish late and over budget. From project inception to completion we can provide comprehensive cost control and budget management services to minimise your exposure to financial risk and maximise value for money. We view every project individually from the client’s perspective, focusing on the aims and objectives of a project to achieve the best overall outcomes. Please read below to see how we can help make your project a success.

Pre-tender Services: Early financial planning is the key to success

The early involvement of cost advice will greatly increase the chances of a successful project. By working with the design team from inception, we can ensure that your project proposals and budget remain compatible throughout the development of the design. Cost management at an early stage allows the design to evolve and be adapted to suit your budget limits or otherwise will give an early indication of additional funding requirements. Early cost advice can avoid expensive re-design work and/or additional financing costs which may arise later on.

We can provide a comprehensive selection of pre-tender services as follows: 

l Preparing realistic budgets for the proposed works

l Preparing feasibility studies for business and development appraisals

l Evaluating design proposals to achieve cost effective design solutions

l Monitoring the design as it develops to maintain budget limits

l Life cycle costing

l Payback analysis of environmentally friendly installations  

l Value engineering

Tender Stage Services: Avoid additional costs and delay during construction

An effective tender process and robust contract documentation will help to achieve value for money and can significantly reduce the risk of expensive changes and delays during the construction stage. Working with the design team, we can provide tender and contract documentation that is tailored to suit your specific project. By clearly scheduling or quantifying the works we ensure your precise requirements are clear to tendering contractors and all required works are included and individually priced. With this information we are able to effectively review value for money and manage the cost of any changes during the works. By providing clear contract terms and conditions we ensure the works are delivered and administered to your requirments and timescales.

We can provide a comprehensive selection of tender stage services as follows: 

l Selection of best suited procurement method

l Selection of best suited construction contract highlighting implications of choice

l Advice on insurances and warranties

l Preparation of tender documents including client requirements, schedules of works or Bills of quantities as necessary

l Selection of tendering contractors best suited to the project

l Appraisal of returned tenders and recommendation of preferred contractor

l Preparation of construction contracts

Construction Stage Services: Managing budgets, payments and obtaining value for money

The management of costs and promotion of value for money during the construction stage is essential for maintaining budget limits. We can provide ongoing monitoring of payments and anticipated final costs to manage budget limits or otherwise give an early indication of additional funding requirements. We achieve this by developing healthy relationships and encouraging collaborative working between all members of the construction team. Our aim is not just to provide cost advice but to actively manage costs and budgets to achieve the best overall outcomes.

We can provide a comprehensive selection of construction stage services as follows:

l Valuation of work completed and recommending interim payments to contractors

l Assessing and agreeing the cost of variations

l Early identification of problems, enabling best value solutions to be obtained

l Advice on the cost of any proposed changes

l Promoting cost effective alternatives to proposed changes

l Managing cost variations including regular reporting of anticipated final costs

l Negotiating and agreeing the final account with contractors

l Dispute resolution

l Project monitoring and stage payment recommendations for funders and developers

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© Peter M Hale and Company Limited, Chartered Quantity Surveyors - 2019

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