FROM FEASIBILITY TO FINAL ACCOUNT

Our Quantity Surveying team play a crucial role in the procurement and contract advice process for construction projects. We provide expert advisory services that include collaborating with project teams to develop a procurement plan that aligns with project aims and maximises value while minimising risks.

Supplier Evaluation and Contract Negotiation: We will analyse procurement requirements at the outset of the project, evaluating potential suppliers, and negotiating contracts to protect interests and set clear expectations with the supply chain.  

Risk Mitigation: We will conduct risk assessments to identify vulnerabilities in the pre-construction phase and developing strategies to mitigate risks such as supply chain disruptions and regulatory compliance.  

Project Planning and Scheduling: Collaborating with stakeholders to create detailed project plans and schedules that outline key milestones, activities, and timelines.  These services are essential for ensuring successful project outcomes and protecting the interests of the client. We can provide a full range of services from early budget estimates and cost plans to tender documents, contracts, and final account negotiations.  

Our Quantity Surveying team play a crucial role in the Value Engineering process by optimising your project value through cost reduction without sacrificing quality. Our responsibilities include:

Functional Analysis: We conduct a functional analysis to evaluate the essential functions of project components, helping to identify areas for cost savings. 

Collaboration: We work closely with architects, engineers, and contractors to ensure that VE strategies align with project goals and budgets. 

Cost Evaluation: We perform cost evaluations of proposed VE options, weighing potential savings against any additional costs or changes in quality. 

By leveraging their expertise, our QS team can contribute significantly to making VE a practical and impactful strategy in your construction projects.

Benchmark costing is a critical process used by our project team to estimate, control, and manage costs associated with construction projects. 

It involves breaking down the elements of a project and evaluating their respective costs to ensure budget compliance and financial efficiency. 

The process includes cost analysis, which is the detailed examination and comparison of cost data for construction works to determine the most economical approach. This is typically used in various stages of the project lifecycle, including feasibility assessments, design development, tendering, and post-completion final accounts. Effective cost management is structured around the RIBA Plan of Work 2020 stages, ensuring that the project remains within budget and that risks are identified and managed.

 In today's fast-paced construction environment, employing PBA Consultants to conduct monthly valuations and agree  Contractors interim payment applications and then prepare and issue cost reports to the Client team  is indispensable. Our team will meticulously assess project progress and financial performance, ensuring that stakeholders have a clear understanding of costs at every stage. 

By providing detailed insights into costs, potential programme overruns, and budget forecasts, we will help to streamline decision-making processes and maintain financial control. Our expertise not only enhances transparency but also fosters collaboration among project teams, ultimately driving projects toward successful completion within budget. Investing in the services of PBA Consultants ensures that your project stays on track, maximising value and minimising risk. 

Risk management is a core responsibility of our team at PBA Consultants, enabling us to identify, assess, and mitigate potential project risks to ensure budget, programme, and quality objectives are met. We play a pivotal role in managing risks throughout the construction project lifecycle. Our responsibilities include:

Identifying Risks: We analyse all project phases—design, construction, and maintenance—to pinpoint potential risks such as cost overruns, scheduling delays, regulatory non-compliance, quality issues, and safety hazards

Assessing Risks: Using tools like risk matrices, we evaluate the likelihood and impact of each risk, prioritising those that could significantly affect project outcomes

Mitigating Risks: Strategies include risk reduction (preventive measures), risk transfer (insurance), risk acceptance (handling risks if they occur), and risk avoidance (altering project plans to eliminate risks)

We will endeavour to act as peacemaker between respective parties and seek to come to an agreeable commercial settlement outcome for all parties concerned. 

This will involve considering the merits of the grievances and seeking to reach agreement without the need to proceed further. We will offer practical and cost effective advice to our Clients to ensure grievances are resolved as quickly as possible but comprehensively dealt with. We are able to deal with a wide range of contractual issues at all stages of construction work and given that 'prevention is better than cure' we offer all of our Clients advice on ways to avoid disputes and practical steps to take to avoid any future recurrence. 

Some of the services that we are able to offer include :- 

Preparation/Assessment of claims for loss and/or expense, extensions of time, disruption and acceleration 

Valuation of instructions, certificates and variations 

Preparation/Assessment of claims for insurance purposes 

Valuation of work completed or to be completed for contract determination, insolvency or receivership purposes 

Advice and support for the effective resolution of disputes 

We are also able offer advice on the recovery of Retention monies that are being held without any justified explanation.