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Introducing a truly professional WordPress theme built to last! We developed Wilmër for all construction & architecture sites.

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Cost Management

Pre-Contract Cost Advisory & Budgeting


  • Develop budgets and estimates based on concept drawings and provided details.

  • Incorporate client/project manager feedback and finalize the initial budget/cost appraisal, including key assumptions.

  • Prepare preliminary cash flow forecasts.

  • Offer strategic cost optimization recommendations throughout the project.

  • Provide a monthly report on cost overruns/underruns based on approved bills and expenses.

Tendering & Documentation

  • Collaborate with consultants for BOQ preparation across all project packages.
  • Verify Bar Bending Schedules (BBS) submitted by contractors.
  • Ensure compliance with the Tender Event Schedule.
  • Compile and evaluate a list of potential contractors.
  • Manage the issuance and receipt of tender documents.
  • Conduct commercial comparisons and evaluations of tender submissions.

Post-Contract Cost Control & Monitoring

  • Generate and update cash flow statements.
  • Deliver monthly project cost control and administrative reports.
  • Provide comprehensive cost tracking and reporting throughout the project lifecycle.

Post-Contract Cost Management

  • Handover all site documentation related to cost management services.
  • Certify consultant and contractor bills.
  • Conduct rate analysis for additional/extra items.
  • Keep the client informed about any material cost escalations at regular intervals.

Contact

Contact