All Construction projects begin with the recognition of an opportunity or of a problem. To turn this recognition into a finished building or some other construction, requires a multitude of decisions. These decisions involve among others, the location, size, quality, time-scale, cost of the project etc. It is a matter, requiring much skill and knowledge to guide a construction project through this complex decision-making process.
We assist our clients by preparing studies showing financial implication of various forms of land utilization, projection of anticipated profit from the various alternative site usage, hence the economic value of the land.
We also assist in the preparation of reports covering site costs, construction costs, cash flow, all in attempt to guide the client in making decisions with confidence.
This involves preparation of budget estimates of construction costs, broken down into various elements to ensure that:
These include responsibilities in connection with programmes or time managements; advising on Contractual procedure and project information; preparation of bidding and control documents, (including bills of Quantities), advising on tendering methods and the choice and methods of employing consultants and contractors.
These documents generally help direct design and organization decisions in order to achieve the clients’ cost objectives. They also form the basis of entering into contract with a successful contractor and for evaluating additional works and variations (if any).
This involves detailed analysis of contractors’ bids with reference to completeness, accuracy and reasonableness, and also preparation of final budget and projected cash flow figures.
Measurement and evaluation of variations and control of construction costs, throughout the construction period to safeguard against the final cost, exceeding the initial cost other than by expenditure authorized by the client.
Measurement and valuation of construction work completed for the purpose of making interim payments on account to the Contractor during the Construction period.
Measurement and preparation of a detailed final account on completion of construction, including negotiating and settlement with contractors and sub-contractors.
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