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Building & Cost Consultancy Services

On track, on budget


As specialist construction consultants we provide Cost Consultancy & Building Surveying services. Our success is based on two simple principles:

  • Construction advisory that is tailored to each client, based on the knowledge of our staff whom first and foremost are construction people.
  • Our services ensure risks are eliminated, quality of design and construction is delivered, optimum program timelines are achieved, all at the lowest price possible.

What We Offer

Cost is a key indicator of a project’s success. We know that cost control is critical because margins are small and the viability of a project can be very sensitive to small changes in cost elements.

DEVELOPMENT PROJECTS ARE RISKY, COSTLY AND TIME CONSUMING

A good Cost Consultant will lead and co-ordinate all elements of a project’s budget and cost throughout its life cycle; including project brief, planning, design, construction, commissioning, pre-opening and in use.

A good Cost Consultant acts as the client’s trusted independent advisor, the single source of responsibility for the complete Cost Management and Cost Control.

Colliers will take the lead to work with all consultants engaged in the project, ensuring final costs achieve original target budget.

Services our Cost Consultancy division provide include:

  •  Cost Modelling & Benchmarking
 
  • Tendering & Evaluation 
  •  Cost Planning/Management/ Control
 
  •  Tender Documentation & Bills of Quantities
  •  Risk Appraisal
 
  •  Contract Documentation & Administration
  •  Life Cycle Costing
 
  •  Procurement Strategy & Advice
  •  Value Engineering
   

Acting on behalf of a wide range of Developer, Investor, Landlord, Home Buyer and Tenant clients, we provide a tailored due diligence building survey service, offering succinct, detailed survey reports across all property sectors and building types.

We undertake pre-acquisition building surveys for Freehold and Leasehold purchases. We also produce Vendor surveys in connection with sales and for bank/lending re-financing purposes. We have extensive experience in coordinating and undertaking large portfolio instructions.

Our reports are easy to read and written in clear language providing concise technical and commercial advice.  Executive summaries at the head of our reports provide a snapshot of the main pertinent issues, with traffic light ratings allowing findings to be placed into context.

Our reports identify problems and solutions, with large quality photographs documented within the report, clearly explaining each issue.  Major anticipated repair costs are identified, and categorised to state where responsibility lies.  In addition to highlighting building defects, we provide summary comment on useful life analysis, statutory compliance issues and deleterious materials.

Colliers provides Loan Technical Advisory/Fund Monitoring services for Commercial Banks, Pension Funds, Institutional Investors, Corporate Occupiers and Public Sector Clients whom are;

  1. acting for the equity investor or purchaser who is forward funding/purchasing a real estate development or
  2. acting for the debt provider to the developer, with finance provided through a loan facility

Loan security is only possible when all the risks are identified. As construction specialists Colliers International act as investigator and advisor to the Lending Institution. Our core function is to protect the Lending Institution’s interests and mitigate exposure to risk. Our staff are industry experts and include Development Managers, Project Managers, Engineers and Cost Consultants.

Ideally, we are brought on board at the early stages of a project, where with open dialogue we work cooperatively with the Borrower and his team to ensure a strengthening relationship between the Lending Institution and the Borrower.

Services our division provide include:

  • Bank/Financial Institution 
  • Representation
  • Early Warning Advice
  • Project Cost Analysis and Advice
  • Program Monitoring
  • Stage Payment Recommendations
  • Quality & Specification Inspections

Colliers provides construction claims management, dispute resolution and litigation support services.

We advise as to how contracts can be set up and managed to avoid claims. We also provide expert services when claims do occur.

Our Services Include:

  • Review and drafting contracts
  • Claims avoidance
  • Claims management
  • Dispute management and resolution
  • Claims settlement advice and negotiations
  • Forensic analysis
  • Delay & Quantum evaluation
  • Expert witness

What we do best is foresee risk. Whether that is in the drafting of a contract, dispute management or delay analysis our project controls ensure we identify potential claims and mitigate/eliminate.

KSA Construction Cost Sept 2020 738x415

KSA Construction Costs

Update - September 2020
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Abu Dhabi and Dubai Construction Costs Update May 2019 738x415
Abu Dhabi and Dubai Construction Costs
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Hotel Refurbishment Costs Nov 2018 738x415
Hotel Refurbishment Costs
November 2018
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Building and Cost Consultancy Leadership