​Process review

​Observe, Record & document existing cost control & associated processes/procedures.  Provide a report advising areas of potential improvement.  This service can be extended to create an implementation plan & coaching to key personnel.

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Process review

Observe, Record & document existing cost estimating & associated processes/procedures.  Provide a report advising areas of potential improvement.  This service can be extended to create an implementation plan & coaching to key personnel.
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Method review

Dissect the basis of estimate, investigate records available & validate the method & data being used for estimating costs.
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Cost estimate review

Carry out independent review of Cost Estimate and associated drawings, specifications & data.
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Create cost estimate

Generate Cost Estimate using controlled / traceable data.​

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Cost report format review​

Generate Cost Report to meet the needs of the project and Corporate governance.
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Cost forecast review​

Independent review of forecast costs to maximise accuracy and assist governance
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Cash flow review​

Independent review of cash flow forecast to maximise accuracy and assist governance
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Create cost forecast / Cash flow​

Generate Cost Forecast & Cash Flow using both actual, controlled and traceable data.

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Create Variation/Compensation Event​

Identify project change and evaluate the cost & schedule impact.

Variation/Compensation Event Review​

Carry out independent review of Contract Variations / Compensation Events prior to submission to client.​

Pre Adjudication Checks / Review​

Carry out independent review of Contract Variations / Compensation Events prior to submission to adjudicator.​

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                                                   Process review​

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 Observe, Record & document existing   
 contracting/subcontracting strategy, processes &   
procedures.  Provide a report advising areas of     potential improvement.  This service can be
 extended to create an implementation plan &
provide  coaching to key personnel.
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Contract Review​

Carry out comprehensive contract review.         
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Contractor Variation Review​

Carry out assessment of Contractor/Subcontractor submitted Variations / Claims.
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Contractor Payment Application Review​

Carry out assessment of Contractor/Subcontractor submitted Payment Applications.
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Contractor Final Account Review

Carry out assessment of Contractor/Subcontractor submitted Final Account.
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Example Forms of Contract: NEC3 /NEC4 / FIDIC / LOGIC / NRSWA

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Internal Governance - Cost Control & Contract Management

Carry out one off or regular independent internal audits designed to help the company achieve its objectives, promote compliance and assist governance..
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Published Criteria & Guidelines

Carry out audits on internal performance against published criteria & guidelines.
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Cost Assurance / Reimbursable Cost Contracts

Carry out cost assurance audits to improve accuracy of billing & maximise revenue/cost recovery.​

​Work can be carried using the following remuneration methods
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• Fixed Lump-sum​ basis
• Target Price / Risk & Reward basis
• Short term service agreement using an hourly or day rate

• Long term service agreement using a reduced hourly or day rate 

• COSTENG Limited also offer services on a percentage of savings / gain basis, whether it is defending against subcontractor claims, preparing claims against clients or setting up cost control processes.

Email: contact@costeng.uk  /  Tel: +44 (0)7851144899