Method review
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Dissect the basis of estimate, investigate records available & validate the method & data being used for estimating costs.
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Cost estimate review
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Carry out independent review of Cost Estimate and associated drawings, specifications & data.
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Create cost estimate
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Generate Cost Estimate using controlled / traceable data.
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Cost forecast review
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Independent review of forecast costs to maximise accuracy and assist governance
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Cash flow review
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Independent review of cash flow forecast to maximise accuracy and assist governance
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Create cost forecast / Cash flow
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Generate Cost Forecast & Cash Flow using both actual, controlled and traceable data.
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Variation/Compensation Event Review
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Carry out independent review of Contract Variations / Compensation Events prior to submission to client.
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Pre Adjudication Checks / Review
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Carry out independent review of Contract Variations / Compensation Events prior to submission to adjudicator.
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Contract Review
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Carry out comprehensive contract review.
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Contractor Variation Review
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Carry out assessment of Contractor/Subcontractor submitted Variations / Claims.
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Contractor Payment Application Review
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Carry out assessment of Contractor/Subcontractor submitted Payment Applications.
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Contractor Final Account Review
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Carry out assessment of Contractor/Subcontractor submitted Final Account.
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Example Forms of Contract: NEC3 /NEC4 / FIDIC / LOGIC / NRSWA
Published Criteria & Guidelines
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Carry out audits on internal performance against published criteria & guidelines.
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Cost Assurance / Reimbursable Cost Contracts
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Carry out cost assurance audits to improve accuracy of billing & maximise revenue/cost recovery.
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Work can be carried using the following remuneration methods
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Email: contact@costeng.uk / Tel: +44 (0)7851144899