Final Account
The Quantity Surveyor's duties end with the calculation of the final cost. This is achieved by preparing a final account for the work in which the contract sum is adjusted in accordance with the terms of the contract to take account of any variations, or adjustments in the accounts of nominated sub-contractors and suppliers and of ny other matters which the contract provides shall be the subject of financial adjustment.
The final account is agreed with the Contractor and provides a fair and equitable settlement of the cost in accordance with the contract conditions.
The Quantity Surveyor will also prepare any analysis of the final account, which the Client may require.
Project Management
Continuing technical and management innovation is fundamental to our approach. Project management for example, has long been accepted in industry and forms an essential element in the cost-effective delivery of construction, civil engineering and real estate development schemes. Taking total control enables us to adapt and streamline procedures for our clients' benefits and ensures that time budget and quality targets receive top priority.
Value Management
Value Management is another specialist service, which Construction Economists partnership has developed. Our value management team works internationally with clients. Our unique approach questions every aspect of major development proposals - not least the financial element - to ensure that the result delivers optimum performance at the lowest possible overall cost, which is consistent with quality.
Risk Management
Risk Management is a growth area in which Construction Economists partnership has established a recognized presence. Demand for the specialist consultancy underlines widening acknowledgement in both private and public sectors that poor security is simply unaffordable in today's conditions, and that a total risk management strategy enhances security, quality and performance, often at lower cost.
Asset Management
Once completed and delivered to the client, buildings and plant represent significant continuing responsibilities. Property typically forms the single most valuable asset of many organizations - yet facilities management and maintenance of the built estate are often dangerously underrated. Construction economists partnership views property in its entirety, evolving cost-effective management and maintenance programmes which reflect clients' budgets, business priorities and working practices.
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