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Project & Development Services Project & Development Services

Services

Cost Reduction Consultants

We offer a comprehensive range of cost consultancy services to meet your needs throughout the building and project lifecycles.

Our approach
You may want cost specialists embedded within your own programme team, helping to guide your capital planning and management processes. Or, you may wish us to perform an independent cost consulting role on a particular project, providing an objective view of financial health and performance. Or, you may need cost specialists to be fully integrated within a project team as a partner in development and delivery. As the cost consultant for a project, we’ll be responsible for the financial health and commercial reporting from the outset to the closing out of the final account. We have the experience, range of services and capability to perform each of these to the highest standards.

Why Cushman & Wakefield?
We apply our extensive experience across sectors, clients and property types to shape and deliver cost consultancy wherever your project or portfolio require. Whether new build, fit out or refurbishment, we combine data from Cushman & Wakefield’s global network with wider industry trends to generate informed thought leadership and cost benchmarking, which we can then apply to projects or portfolios and to provide our clients with insightful, market-leading advice.

When this expertise is combined with Cushman & Wakefield’s wider services, we offer a distinctive advantage, bringing cost consulting expertise to every stage from portfolio strategy and capital planning to project delivery and whole life cost assessment. We offer cost management alongside our wider PDS services throughout the UK, across Europe and in coordination with a wider network of affiliates and third parties across the wider EMEA region.

 

What services can provide  

Construction cost advice

  • Briefing, budget estimating & feasibility
  • Development appraisals & 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 reports recommendations
  • Construction contract advice
  • Forms of contract – JCT, NEC, FIDIC, bespoke construction contracts
  • Traditional; Design & Build; Construction Management; Management Contracting

Post contract duties

  • Change management and control
  • Agreement of variations
  • Cost reporting
  • Valuation and payments
  • Final accounts
  • Value management and value engineering
  • Risk management
  • Depreciated Reinstatement Cost (DRC) assessments
  • Reinstatement Cost Assessments (RCA)
  • Fire Insurance Valuations
  • 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, engineering and tax expertise, offers a distinctive technical and commercial service for our clients.


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