Quantity Surveying & Cost Management
HESED offers comprehensive property development advisory services aimed at optimizing development potential and maximizing returns. Our services include:
- Provide preliminary cost advice to establish a realistic budget
- Prepare elemental estimates as the design evolves and reconcile them with the budget
- Analyze costs for alternative designs, materials, and construction programs
- Collaborate with the design team to identify economical design solutions
- Through value management, including cost studies, comparisons, and life cycle cost analysis
- Compile detailed project cash flow projections
- Estimate costs for various design options to meet client expectations and facilitate the best and cost-effective decisions
- Advise on and arrange the tendering process, and assist in the preparation of necessary drawings
- Provide guidance on the appropriate contract type and procurement strategy
- Draft contract clauses tailored to the project’s unique circumstances and promote optimal risk allocation
- Implement fair and equitable tendering procedures
- Secure competitive pricing from selected contractors through various tendering methods, considering time constraints and potential partnering arrangements
- Prepare pre-tender estimates
- Assess work in progress and recommend interim payments
- Measure and value variations as per contract terms
- Prepare regular progressive financial statements throughout the construction period
- Assist the architect in administering and interpreting contract conditions to minimize claims from contractors
- Evaluate and negotiate claims that may arise, including extensions of time, direct losses, expenses, disruptions, accelerations, and global claims
- Evaluate variations, claims, and other issues; prepare draft final accounts
- Negotiate and settle the final account
- Analyze and compare final construction costs with the estimated investment costs
- Provide advice on maintenance obligations