Services
- Receiving commission/instruction from the client and advising on various courses of action and procedures to suit the particular requirements of the project.
- Provide financial design criteria advice.
- Preliminary and comprehensive estimates of construction cost for budget purposes.
- Cost optimisation to bring project costs to within the clients budgeted parameters.
- Preparing documents for procurement of construction contracts.
- Calling for tenders or negotiating the construction cost with a contractor on behalf of the Client.
- Financially evaluating tenders, quotations, etc.
- Examining and verifying pricing of tender documents including preparing same for incorporation into the signed contract.
- Preparing the procurement documentation for sub-contracts and examine and reporting on subcontracts with comparisons to budget.
- Project cash flow forecasts.
- Attending site meetings at regular intervals to suit the nature and size of the project in order to keep abreast with contractual matters affecting costs.
- Attending consultant co-ordination meetings and management meetings.
- Preparing monthly valuations for the issue of payment certificates.
- Preparing estimates of cost for proposed variations for client decision making.
- Maintaining a running financial management statement and monitoring against the budget. Issuing project financial reports at regular intervals.
- Proceeding with the preparation of the final account.
- Adjudicating and resolving the financial and contractual aspects of cliams between the client and the contractor (Excluding services relating to mediation, arbitration and litigation)
- Determining and agreeing all variations and adjustments for incorporation into the final account.
- Agreeing and finalising all sub-contracts and adjusting against provisional sums and prime cost amounts.
- Concluding the final account including any necessary reconciliations and explanations against the final budget.