Integrated Infrastructure Solutions

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Services :

Cost Management Services :

The various phases of Cost management are as illustrated below:

Pre-contract phase

  • Initial budgetary estimate.
  • Preliminary cash flow.
  • Identification of items for advance purchase.
  • Value management (with Consultants).
  • Cost monitoring (against design progress).

Tendering & documentation phase

  • Procurement strategy - packages, tendering & contracts.
  • Preparation of contract documentation.
  • Preparation of standard & consistent BOQ.
  • Tender review & analysis.

Post contract cost monitoring

  • Cost control & administration.
  • Revised cash flow & financial advice.
  • Change management strategies.
  • Progressive cost plan & monitoring of costs.
  • Monthly project cost report.

Post-contract financial management

  • Standard procedures for progress payments.
  • Attend meetings.
  • Monthly valuations & progress payments.
  • Preparation of final accounts.
  • Financial & contractual close-out.