Preliminary Cost Estimate
Basic detail provided to develop cost expectations for most building elements.
From early planning stages, right through to final retention release, cost control is vital to the success of any project. Estimating the cost is the first step, after which changes need to be predicted and managed. As the job progresses, costs should be carefully kept under control, ensuring fairness to all involved, whilst reducing financial risk as far as foreseeable.
Used to set a budget or determine affordability. Minimal detail is given for this estimate.
Basic detail provided to develop cost expectations for most building elements.
Complete detail provided to estimate the cost of all trades required.
We compare prices received to ensure they meet market expectations, investigate tender tags to identify risks to the budget, ensure that the value provided is sufficient to complete the project to an acceptable standard, provide a report with recommendations and attend a tender review meeting where required.
This includes certifying progress payments, variation assessment and negotiation, calculation of retentions, Extension of Time claim reviews and negotiation, attending site meetings as required and processing of final payment claims.
This includes, but is not limited to, issuing of instructions, completion certificates and similar requirements of the project.