Cost Management is an integral part of our project management / contract administration duties. We ensure that the client is provided with a firm budget estimate prior to commencing the project. Following production of the tender documents and subsequent tendering we provide a detailed assessment of the tenders returned and clearly explain this in our tender adjudication report.
During the course of a building project it is inevitable that there will be variations / changes to the specified scheme. Depending on client authorities agreed at commencement, we will ensure the changes are documented via written contract instructions, which are then costed and incorporated on our monthly financial statements which accompany every valuation.
The financial statements provide the client with a running total of likely out turn costs so that decisions can be made to ensure the budget is maintained, Final Account discussions and agreement at the end of the project, provide the client with a detailed report showing costed variations throughout the project.