Feasibility studies and development appraisal
We deliver early cost and procurement advice to establish development plans and inform investment decisions.
We provide reliable cost advice utilising:
- benchmark costs/m² applied to functional areas for the individual buildings
- cost estimates for the infrastructure and site-wide aspects of the development
- cashflow forecasts
- high-level programmes and procurement strategies
- establish design quality and environmental standards tailored to development location
We consider and report on:
- capital costs (construction, fees, equipment, land etc)
- lifecycle, operational and end-of-life costs
- design choices to ensure all cost limits are achieved
- risks/contingencies
Procurement and contract advice
We focus on:
- review of contractual/tendering options (design & build –v- traditional)/(single stage –v- two stage tendering)
- delivering best value
- identifying key criteria and drivers – time/cost/quality & risk allocation
- contract selection
Cost planning and pre contract cost control
Our processes utilise data applying unique market knowledge (based on working knowledge of contractor costs together with market costs which are continually updated to ensure accuracy) and sector expertise to provide best value solutions. We work together with our clients, design team, contractors and supply chain to manage projects within approved budgets from the Brief stage to contract signing.
Our approach includes:
- elemental cost plans which are developed with limited design information
- cost checking as the design develops
- change management systems to identify and control changes to the brief / scope
- formal stage-by-stage approvals
- ensuring risk management / contingency management is considered
- whole-life costs consideration
- value engineering
We have access to computerised measurement systems which ensure accuracy of our quantification which results in reliable estimates being produced.