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Services

Cost Reduction Consultants

Cost Consultancy

We offer our cost consultancy services to meet our clients' needs throughout the property and project lifecycles. We tailor our services to our clients' specific objectives and requirements, with a focus on adding value and managing risk.

Our approach

You may want our cost specialists embedded within your own team, helping to guide your capital planning and capital management tasks. You may need our specialists to perform an independent cost consulting role on a particular project, ensuring the monitoring of financial processes and performance. Or our specialists may be fully integrated in a project in development and performance. As the cost consultant, we take part in the execution of the entire project, from planning to the final account, with responsibility for financial reports as well. We have the right experience, provide a wide range of services and perform our activities to the highest standards.


Why Cushman & Wakefield?

We apply our extensive experience gained across sectors, clients and property types to deliver cost consultancy wherever the nature of the project or portfolio requires. Whether new build, fit-out or refurbishment, we combine data from Cushman & Wakefield’s global network with wider industry trends to generate our analysis based on cost benchmarking, which we can then apply to projects or portfolios.

When this cost consulting expertise is combined with Cushman & Wakefield’s wider services, we bring substantial know-how from portfolio strategy and capital planning to project delivery and whole life cost assessment. We offer cost management consultancy alongside our Project Development Services across Europe in coordination with our subsidiaries and our experts across the EMEA region.

 



What services do we provide?

Construction cost advice

- Briefing, budget estimating and feasibility

- Development appraisals and masterplanning

- Cashflow forecasting & life cycle costing

- Cost planning

- Benchmarking and market testing

- Pre-tender estimates

Procurement, tender price and contract sum advice

- Procurement strategy & tendering

- Single stage, two stage competitive tendering, negotiation & turn key

- Tender recommendations

Construction contract advice

- Forms of contract – JCT, NEC, FIDIC, bespoke construction contracts

Traditional, Design and Build, Construction Management and Management Contracting

Post-contract duties

- Change management and control

- Agreement of variations

- Cost reporting

- Valuation and payments

- Final accounts

Value management and analysis

Risk management

Depreciated Reinstatement Cost (DRC) assessments

Reinstatement Cost Assessments (RCA)

Bank Monitoring

Employer’s Agent services

Furniture, IT, AV and other specialist area cost advice, procurement and management

We believe that Cost Consultancy, in combination with our project management, design and engineering expertise, offers distinctive technical and business services to our clients.

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STORIES

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Nordic Light • Banking & Financial Services
Cushman & Wakefield has been the managing agent for the Nordic Light office building in Budapest since May 2016. 
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Nordic Light • Banking & Financial Services
Cushman & Wakefield has been the managing agent for the Nordic Light office building in Budapest since May 2016. 
Learn More

INSIGHTS

Turn Around the Table Podcast
Podcast • Workplace

The Team Around the Table Podcast

There's a better way to outsource corporate real estate—and it starts with choosing the right team.
10/09/2024
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Research • Investment / Capital Markets

European Forecast & Fair Value Index

Cushman and Wakefield Fair Value IndexTM offers investors insight into the relative attractiveness of current pricing in 119 prime office, retail and logistic property markets across Europe.
Sukhdeep Dhillon • 29/05/2024
MRI 2020 (image)
Research

Global Manufacturing Risk Index

Cushman & Wakefield’s 2021 Global Manufacturing Risk Index assesses the most advantageous locations for global manufacturing among 47 countries in Europe, the Americas and Asia Pacific.
Orsolya Hegedűs • 11/08/2021

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