• Preparing preliminary estimates to enable a realistic budget to be established.

Design Development Stage

• Preparing progressive elemental estimates as the planning progresses and reconciling each one with the budget
• Assisting the design team to obtain economical design solutions through value engineering and value management involving cost studies, cost comparisons and life cycle cost analysis.

Tendering Stage

• Advising on the type of contract to be adopted.
• Drafting contract clauses to suit the special circumstances of the project and to promote an optimal allocation of risks and a partnering relationship with the contractor.
• Practicing fair and equitable tendering procedures.
• Obtaining competitive prices from selected contractors by tendering with Bills of Quantities or by adaptation of this system to suit the particular requirements of the project time constraints and partnering arrangements with the contractor.

Post-contract stage

• Valuing the work in progress on site and recommending amounts of interim payments.
• Measuring and valuing variations to the contract in accordance with the contract rates.
• Preparing progressive financial statements regularly during the construction period to keep the Employer informed of the financial status of the project.
• Assisting the architect in the administration and interpretation of the contract conditions to avoid or minimize claims from the contractor.
• Examining, evaluating and negotiating any contractor¡¯s claims that may arise from under the contract.
• Preparing the final account which is a detailed statement of the final contract sum.

Other services