Cost planning

Cost planning is a high level cost estimate based around an approximate floor area and is generally carried out prior to any design works having been undertaken.

A good cost plan is built up from historic out-turn data from completed projects but can also be based upon tender costs. It is essential that the cost plan is benchmarked against similar buildings wherever possible. We have data from previous projects we have completed and tendered, along with information from industry recognised sources.

We find that early cost planning input in the design process allows the building to be designed to a budget. At each stage of the design process from RIBA stages 1 to 5, the design can be benchmarked against the cost plan to highlight any ‘budget bursting’ issues, so that corrections to specification or design can be made to refit the budget.

This service is tailored to client specific requirements and the level of information available. For example, from an early metre square area brief we can produce per metre square cost planning advice.  Where more design information is available i.e. GA’s, we can produce approximate quantity elemental cost planning advice in line with BCIS. We will market test key sub-contractor costs to ensure costs match the current market conditions.

Additionally, we carry out this service for contractors to allow them to provide it to their clients or to benchmark their tenders.

Contact.

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Address:

Office 26/27, The Walled Garden , Nostell Estate, Nostell,     Wakefield, WF4 1AB

Office tel: 01924 802290