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Cost Assessment & Contract Documentation
During the early stages of a project, it is important that the client is fully aware of the likely costs associated with a development, so that its viability can be assessed.
Once the decision has been taken to proceed, it is important to understand the phasing of works so that monies can be scheduled and allocated to the project at the appropriate times. These budget costs are often based upon an assessment made using the outline drawings and specifications available.
Before the construction of a development commences, a competent contractor is appointed. It is usual practice for the client to invite tenders from a number of contractors as part of the procurement process.
On the basis of the bids received the most suitable contractor is selected and enters into a contract with the client.
A works specification is a key part of the tender package, to make sure that contractors understand exactly what is required and are tendering on an equal basis.
The specification will either be contained within the tender drawings or within a separate specification document.
Once the decision has been taken to proceed, it is important to understand the phasing of works so that monies can be scheduled and allocated to the project at the appropriate times. These budget costs are often based upon an assessment made using the outline drawings and specifications available.
Before the construction of a development commences, a competent contractor is appointed. It is usual practice for the client to invite tenders from a number of contractors as part of the procurement process.
On the basis of the bids received the most suitable contractor is selected and enters into a contract with the client.
A works specification is a key part of the tender package, to make sure that contractors understand exactly what is required and are tendering on an equal basis.
The specification will either be contained within the tender drawings or within a separate specification document.
The Benefits
Professionally prepared Cost Assessments and Contract Documentation for a project will:
▪ Provide cost information to give the client
confidence regarding a project’s viability.
▪ Break the project down into the cost of its
component parts and provide the
opportunity to review the project to achieve
cost savings where possible.
▪ Provide clear and precise contract
documents and specifications to minimise
the risk of costly contractual disputes and
construction cost over-runs and ensure the
works are constructed to recognised
standards.
Professionally prepared Cost Assessments and Contract Documentation for a project will:
▪ Provide cost information to give the client
confidence regarding a project’s viability.
▪ Break the project down into the cost of its
component parts and provide the
opportunity to review the project to achieve
cost savings where possible.
▪ Provide clear and precise contract
documents and specifications to minimise
the risk of costly contractual disputes and
construction cost over-
standards.
How We Can Help
Our experienced staff can help by providing the following services:
▪ Thorough and carefully considered cost
estimates on which the viability of a project
can be assessed.
▪ Contract documentation and works
specifications which are tailored specifically
to each project’s unique requirements. This
will make sure that tenders and contracts
are clear, thereby avoiding costly disputes
and contract over-runs.
Our experienced staff can help by providing the following services:
▪ Thorough and carefully considered cost
estimates on which the viability of a project
can be assessed.
▪ Contract documentation and works
specifications which are tailored specifically
to each project’s unique requirements. This
will make sure that tenders and contracts
are clear, thereby avoiding costly disputes
and contract over-
Examples of Our Work
Abbotswood, Romsey: Detailed cost estimates for 11 No. off-site junction improvements associated with an 800 dwelling residential development. More...
Northgate Car Park, Devizes: Contract Documentation, Bills of Quantities and works specification for a new public pay & display car park and a large storm water attenuation system serving the car park and neighbouring residential development.
Abbotswood, Romsey: Detailed cost estimates for 11 No. off-
Northgate Car Park, Devizes: Contract Documentation, Bills of Quantities and works specification for a new public pay & display car park and a large storm water attenuation system serving the car park and neighbouring residential development.
National Diving & Activity Centre, Tidenham: Detailed cost estimates for a major/minor priority junction into the new Diving and Activity Centre site, located on the A48 Trunk Road near Chepstow. More...
High Peak Council Depot, Buxton: Budget costings for the implementation of a household waste recycling centre and the consideration of alternative sites.
Hopton Park Industrial Estate, Devizes: Contract Documentation, Bills of Quantities and works specification for a new industrial estate access road as well as remedial works to existing access roads to enable adoption by the Highway Authority. More...
Area H11A, Priory Vale, Swindon: Contract Documentation, Bills of Quantities and works specification for new residential estate access road.
