Cost/Procurement Management

Our Cost management services cover each and every process of the project. Our mission is to provide our client with “Value for Money”.

Value for Money

Value for Money is the term used to represent the concept, “the optimal use of resources to achieve the intended outcomes”. In order to implement this concept, we focus attention on 3-E’s, i.e., Economy, Efficiency and Effectiveness. It is our aim that we are in pursuit of our client’s true needs and execute it with optimal cost.

Procurement Management

While Cost management is the service emphasized a focus on cost estimating, budgeting and controlling, Procurement management is the service in the specialized field of procurement process in a project which includes preparation of long/short list for potential vendors, solicitation, negotiation and contracting. Wide range of expertise and wealth of experience in local construction industry are our advantages.

Our services include

Feasibility stage
Financial feasibility study	Risk analysis / Cost Benefit Analysis
Comparison examination for project scheme

Design Stage
Cost planning and cash flow forecasting	Life cycle cost study
Cost targets and budget	Bills of Quantities
Preparation of bid documents	Prequalification for potential bidders
Evaluation for bids and negotiation

Construction Stage
Tracking of cash flow	Verification of interim payments
Periodic project financial reports	Change control
Handling of claims from vendors	Contract close out
Statistical analysis of final costs