Preparation of studies showing the financial implications of various forms of land utilisation, projection of anticipated profits from the various possible site usage, and hence the economic value of the land
Preparation of reports covering site costs, construction costs, cash flow, interest and realisation for inclusion in overall projected capital expenditure for proposed development. In the case of hotels, studies would be made of tourism statistics, market research, capital expenditure, possible financing and projected cash flows, profit and loss computations for different occupancy levels etc. If required, the study would include advice and assistance for negotiation of a suitable leasing agreement.
Co-ordination of requirements of the Client, consultants team, contractor, specialist subcontractors, legal representatives, occupiers (operators), tenants and the like in order to achieve optimum value and quality at the expense of reasonable cost.
Assistance in the setting up of financial arrangement. Participation in programming to co-relate current programmes of future needs.
Participation in seeking and motivating/ monitoring external professional skills inclusive of co-ordinating the Client's in-house management resources.
Preparation of breakdown budgetary estimates of construction costs into various elements. Monitoring these economic control factors as design guidelines to ensure that the final detailed design falls within the budgetary cost. Collaboration with client and design team to ensure that the maximum space and quality are permissible within the client's budget.
Liaison with other Consultants in preparation of Bidding and Contract Documents for the main building contract and specialist sub-contracts as required by local conditions. These documents may be used for negotiation or competitive bidding and normally would comprise, Bidding Requirements; Instructions to Bidders; Form of Bid Proposal; Conditions of Contract; Specifications and/or Detailed Bills of Quantities; Schedules.
Detailed analysis of Contractor's bids with particular reference to their completeness, accuracy and reasonableness.
Preparation of final budget and projected cash flow figures.
Measurement and valuation of variations and control of construction costs throughout the construction period to safeguard against the final cost exceeding the initial cost other than by expenditure authorised/approved by the Client.
Measurement and valuation of construction work completed for the purpose of making interim payments on account to the contractor during the construction period.
Measurement and preparation of a detailed final account on completion of construction, including settlement of contractors and sub-contractors claims.
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