Clients are often faced with tough strategic decisions during the early design stages of projects. In order to help with such decisions we can prepare preliminary budget estimates of construction costs accompanied with an overall project budget that will include additional costs such as local authority contributions, professional fees, site acquisition etc. Likely revenue generated from the project can also be assessed. This will give a firm indication as to the viability of the project in question at an early stage thus enabling our Clients to revise the proposal if necessary to best suit their requirements without incurring significant costs or delays.Once the preferred proposal has been agreed we will proceed with a detailed cost estimate of the construction costs. This will further define the budget and can be used to monitor costs as the design proceeds. Any possible additional costs will be flagged to the Design Team / Client and revisions / alternatives discussed and costed to ensure that the budget is maintained.
Client and Design Team the opportunity to make an informed decision to proceed or to make an alternative proposal. Regular reports on the projected final cost taking account of all omitted works, additional works, and adjustments to P.C. / Provisional Sums etc. as the work proceeds, will also increase cost certainty and control. We will also thoroughly assess interim payment requests issued by the Contractor.
A final account will be presented to the Client for their approval on project completion. This will identify the original contract sum and any adjustments made to it to account for any omitted or additional work, P.C. and Provisional Sum adjustments etc. Following this we will then proceed to negotiate the final cost with the Contractor.