Delays and changes are common in construction projects, exposing contractors to various risks. The typical approach involves obtaining consensus from both parties by addressing the financial and time losses caused by changes and clarifying relevant contract provisions. However, this process can be extremely time-consuming and contentious.

We assist contractors in identifying potential risks and understanding contractual terms at an early stage, thereby helping to avoid lengthy arguments and negotiations. Through this proactive approach, we enable clients to save both time and money, ultimately achieving a win-win situation for all parties involved.

• Tendering: Review of tender documents and addressing queries
• Estimate & Cost Analysis: Comprehensive evaluation of project costs
• Subcontracting & Procurement: Guidance on strategy, tendering/procurement methods, and contractual arrangements
• Extension of Time: Program analysis and support for direct loss and/or expense claims
• Disruption, Acceleration, and Global Claims: Expert advice on managing claims related to project disruptions and accelerations

Specific contract terms are often required for various types of projects, including infrastructure, schools, residential buildings, and shopping malls. Our consultancy service plan helps estimate construction costs for different projects and provides tailored contractual and construction advice. We assist in balancing and clarifying resources at an early stage to facilitate appropriate contract arrangements.

• Preliminary Estimates: Conduct estimates during the early development stage
• Tender Process: Manage invitations to tender, analyze submissions, negotiate with bidders, and provide recommendations
• Quantity Surveying: Address measurement, payment certification, valuation of variations, final accounts, and more
• Contract Administration: Oversee contract management and compliance
• Claims Management: Review, assess, and defend claims

Our consultancy services provide preliminary estimates, facilitate feasibility studies, and assist in yield optimization for various projects. Through our independent project management services, we help avoid time and cost overruns.

• Establishment of a project (development) budget
• Invitation to tender, analysis of tenders, negotiation with tenderers, and tender recommendations
• Construction contract administration and management
• Appointment of professional consultants
• Assessment of cost claims submitted by contractors

Facilities management companies are responsible for various aspects of managing, renovating, and maintaining different types of facilities, including residential, office, retail, and clubhouse environments. HESED can assist these companies in managing and analyzing operations to achieve “best value,” negotiating optimal terms with stakeholders such as tenants, developers, owners, and occupants.

• Preparation of estimates and cash flow forecasting
• Invitation to tender, analysis of tenders, negotiation with tenderers, and tender recommendations
• Construction contract administration and management
• Assessment of cost claims submitted by contractors
• Value management/engineering (ensuring best value for money) and life cycle costing analysis

Estimating the cost of building maintenance can be challenging due to varying building ages and other factors. Exorbitant construction costs often arise in final accounts, compounded by a lack of benchmarks for comparison. Our consultancy services provide preliminary estimates, as well as independent and professional monitoring and auditing to prevent unnecessary expenses arising from unfamiliarity with construction contracts. HESED can help Owners’ Corporations complete projects at reasonable construction prices.

• Preparation of estimates
• Invitation to tender, analysis of returned tenders, negotiation with tenderers, and tender recommendations
• Assessment of contract payments, cost control, and valuation of variations
• Review of cost claims submitted by contractors
• Analysis of causes and effects of delays, along with advice on solutions and mitigation measures to minimize potential losses

Our consultancy services assist suppliers in tendering, strategic bidding, and reviewing and clarifying contract terms to avoid unnecessary losses. Additionally, we support payment applications, problem-solving, and outstanding payment recovery from a professional surveyor’s perspective.

• Purchase Order/Tendering: review of documents and conditions
• Quantity Surveying Aspects: payment applications, valuation of variations and final accounts
• Contractual Issues: guarantees, warranties, purchase orders, domestic and nominated supply contract conditions
• Dealing with Clients (developers, contractors, etc.) in cases of payment shortfalls
• Insurance Claims: strategy, preparation, and negotiation