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Quantity Surveying - Construction Accountancy

 

Projects without financial controls, inevitably go over budget. Therefore constant appraisal of a projects costs compared to estimated costs has to be undertaken if the client is not be handed a far higher cost upon completion of a project.

 

Added to this also, the advantage to the client is that alternative construction can be introduced that may reduce costs also through constant analysis and where costs are heading.

 

This 'Practice' undertakes a 'close' cost regime for the client that analyses ongoing construction works on a two-weekly basis. In that way project costs are kept in check and where if costs start to exceed budget, alternative finishes and construction methods can be undertaken to bring the project costs in line once more.

 

Our construction accountancy service includes,

 

  • Budget allocation book-keeping
  • Two-weekly site meetings with the contractor
  • Two-weekly reporting and notification to the client or financial director for the project
  • Submission of alternative construction methods and equivalent materials to reduce the client's costs.
  • Monthly meetings with the client on the current financial state of the project
  • Final financial analysis and report for the client

 

 

Costs of Service

As all projects vary in size and complexity, construction accountancy services are negotiated with the client on either a fixed fee commission or an hourly diarised rate.

 

 

© 2009

 

 

 

 

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