In the early stages of your project when concepts are still taking shape our initial feasibility cost plans provide invaluable insights. We will analyse your proposed brief and project scope considering site conditions and factor in current market trends to deliver a high-level cost assessment. This service helps determine the financial viability of the project assisting you make informed decisions about project scope and scale. This cost plan will also assist secure initial funding or investment and enable the design team to explore different design options within budget constraints.
As your project moves from concept to more definite plans our order of cost estimate provides a structured breakdown of anticipated costs. We divide your project into key elements such as substructure, superstructure, finishes, services and external works. This detailed approach offers a clear view of cost distribution across the different project elements, early identification of high cost areas for potential value engineering, a benchmark for monitoring costs as the design develops and a tool for comparing different design options on a cost basis. Our elemental estimates adhere to industry standards ensuring consistency and reliability in our cost projections.
As your design evolves so does the level of detail in our cost plans. Our elemental cost plan incorporates more specific detail about your project allowing for measuring and pricing the main quantities of each building element, factoring in project specification and considering preliminaries, overheads and profit with allowances for risk and inflation. This service provides a more refined cost projection helping you maintain budget control as your project progresses through the design stages.
Before your project goes out to tender we will review all available design information and specifications and update costs based on latest market conditions considering project specific factors that have come to light during the design period that may influence bids and provide a realistic expectation of tender returns. This service ensures you are fully prepared for the tendering process, helping you evaluate incoming bids effectively and identify any potentially unrealistic proposals.