Cost Advisory

Plan and control cost, manage risk and buy value

Our global cost databases are amongst the largest in the commercial real estate world. That gives us a profound understanding of construction costs, the construction market and the many factors that drive cost.

We can anticipate and mitigate the risks that come from rapid changes in economies, supply chains and manufacturing, helping to reduce their impact on your project budget. You might see this volatility as a risk, we see it as an opportunity for you. One that we can unlock. Our board level relationships with the supply chain means we can get your project the attention it deserves and the team it needs to make sure it’s completed successfully. 

These are some of the ways we can add value to every stage of the project lifecycle:

• Driving cost certainty and good governance at both project and portfolio level.
• Providing insights from our global cost database, in areas like international, national, and local benchmark costs for different project types.
• Optimising expenditure to focus on value for money and cost saving.
• Improving our clients decision-making capability through data analytics.
• Mitigating risk through the implementation of prudent financial oversight.
• Driving savings and promoting continual value management.

Services

Capital Planning
We align your planned project pipeline with your broader strategic goals to prioritise expenditure on projects, and drive efficiencies through improved resource planning and capital forecasting. A properly implemented and well-maintained capital plan protects your assets from risk - and optimises the impact of what you spend each year.

Cost Consultancy
Reliable and transparent cost planning and cost control driven through risk mitigation, value engineering, cost saving measures, optimal buying and risk-based procurement strategies. Our hands-on construction market experts bring greater rigour, governance and cost control to decision-making for clients, with specific emphasis on reducing the total cost of ownership and capital expenditure at project and portfolio level.

Reinstatement Cost Assessment
Work with the reinstatement cost assessment experts. We make sure you get the right insurance cover for the best price. We help you avoid being under-insured because it exposes you to potential losses in the event of a claim, and make sure you don’t pay too much if your property has been over-insured. We are one of only a handful of businesses in the world with a team dedicated entirely to RCA’s. Our team is one of the largest.

Furniture Advisory
With a focus on how to buy, not what to buy, our Furniture Advisory professionals negotiate furniture discounts and provide transparency into the procurement process. We leverage our extensive database of historical discounts and local vendor relationships, delivering the best value for our clients.

Capital Allowances
Unlock the hidden value in your real estate portfolio and identify significant tax savings. Our capital allowances team uncovers valuable opportunities to increase your cash flow through the tax benefits available from capital expenditure. Based on a meticulous analysis of capital expenditure, construction drawings and on-site inspections, we prepare and submit claims, then negotiate them for you.