- Cost Estimation & Feasibility: Prepare preliminary cost estimates and feasibility studies based on architectural and structural drawings.
- Bills of Quantities (BOQ): Measure building components (e.g., concrete, brickwork, finishes) to create accurate BOQs for bidding.
- Tender Management: Prepare tender packages, issue RFIs (Requests for Information), evaluate contractor/subcontractor bids, and advise on supplier selection.
- Contract Selection: Assist in drafting and selecting appropriate contract types (e.g., lump sum, measurement, or design-build).
2. Post-Contract Phase (Execution & Control)
- Cost Control & Budgeting: Monitor live expenditures against the baseline budget and forecast cash flows.
- Valuations & Interim Payments: Inspect site progress, value completed work,
and issue payment certificates for contractors and subcontractors.
- Variation & Change Management: Assess the financial impact of design changes or site modifications and negotiate fair pricing.
- Claims & Dispute Resolution: Help identify, analyze, and settle contractual claims or delays.
3. Project Closeout
- Final Accounts: Reconcile total project expenditures, handle retention sums, and compile final financial documentation.
- Lifecycle & Maintenance Advice: Provide post-occupancy or whole-life cost assessments if required.