01
Monthly valuations
The contractor’s work valued each month and what is due agreed under the contract.
Development management 06
Delivery and cost control
Your budget, protected every month of the build
Once work starts, money leaves the project every month. We make sure each payment matches work properly done and each change is agreed before it is built.
- 01
Monthly valuations and change control
- 02
A forecast final cost and cash flow that is always current
- 03
An agreed final account and retention release
The problem
An overrun you only see at the end
When cost discipline slips on site, the overrun becomes visible only when it can no longer be controlled.
Changes are instructed verbally and priced later. Early valuations run ahead of the work, so the money is paid before it is earned, and the leverage to resolve disagreements goes with it.
Delay claims follow, the forecast final cost drifts, and the investor is the last to hear. By then the only questions left are who pays and how much.
How we control cost
Every payment, every change, every month
The discipline lenders expect from their monitoring surveyor, applied on your behalf.
02
Change control
Every variation instructed, priced and agreed before it is built.
03
Programme
Progress tracked against the programme and delay challenged when it starts, not when it is claimed.
04
Cash flow and forecast
Cash flow and forecast final cost kept up to date every month.
05
Quality
Work checked against the specification with the design team before it is paid for.
06
Completion and final account
Defects closed out, the final account agreed and retention released on the right terms.
Cost control is not a report at the end. It is a decision every month.
Our position on cost control
We test every claim for more time or money against the contract and the facts on site, and advise you on what is genuinely due.
We can also take over a project that is already running: review where it stands, separate genuine costs from inflated ones and put cost control back in place.
Questions
Delivery, answered directly
How often will you visit site?
Usually monthly for the valuation and more often at key stages. The frequency is agreed at the start.
What if the contractor claims more time or money?
We test every claim against the contract and the facts on site, and advise you on what is genuinely due.
Can you take over a project that is already running?
Yes. We review where it stands, separate genuine costs from inflated ones and put cost control back in place.
What if the final account ends in a dispute?
We prepare the commercial case under our final accounts and disputes service.
Insights
Further reading on cost control
Cost control
Valuing a variation under the contract rules
Most variation arguments are not about money. They are about which valuation rule applies, and the parties are...
Read the article
Cost control
The monthly cost report a developer can use
Most cost reports describe what has already happened. A useful one tells you what is about to, while you can still...
Read the article
Cost control
Forecasting outturn while you can still act
Committed cost tells you where you have been. Forecast outturn tells you where you are going, and it is the only one...
Read the article