Our Cost Management Team establishes an effective centralized Cost Management and Change Monitoring system for all stakeholders in the project. Our Cost Consultancy services are classified into four typical stages:

Pre contract
• Initial budgetary estimate.
• Preliminary cash flow.
• Identification of items for advance purchase.
• Value management (with Consultants).
• Cost monitoring (against design progress).
• Preliminary cost plan & cash flows.

Tendering & Documentation
• Procurement strategy – packages, tendering & contracts.
• Preparation of contract documentation.
• Preparation of standard & consistent BOQ.
• Tender review & analysis.
• Preparation of Letter of award & Contracts.

Post contract Cost Control & Monitoring
• Cost control & administration.
• Revised cash flow & financial advice based on tenders.
• Change management strategies.
• Progressive cost plan & monitoring of costs.
• Monthly project cost report.
• Indent & check measurements / quantities, Material reconciliation.

Post contract Financial Management
• Standard procedures for progress payments.
• Monthly valuations & progress payments.
• Preparation of final accounts.
• Financial & contractual close-out.