We value your money as much as you do!
OptimGov can also undertake
assignments of Cost Management, Cost Audit and Cost Monitoring of the project
to ensure that the project is being developed to the Client’s requirements
within the best value proposition and budget. OptimGov’ Cost Management Team
establishes an effective centralized Cost Management and Change Monitoring
system for all stakeholders in the project.
Our Cost Consultancy services
are classified into four typical stages.
1. Pre contract
- Initial
budgetary estimate
- Preliminary
cash flow
- Identification of items for
advance purchase
- Value
management (with Consultants)
- Cost monitoring (against
design progress)
- Preliminary
cost plan & cash flows
2. Tendering & Documentation
- Procurement
strategy – packages, tendering & contracts
- Preparation
of contract documentation
- Preparation
of standard &consistent BOQ
- Tender
review & analysis
- Preparation of Letter of award
& Contracts
3. Post contract Cost Control & Monitoring
- Cost
control & administration
- Revised cash flow &
financial advice based on tenders
- Change
management strategies
- Progressive cost plan &
monitoring of costs
- Monthly
project cost report
- Indent
& check measurements / quantities, Material reconciliation
4. Post contract Financial Management
- Standard
procedures for progress payments
- Attend
meetings
- Monthly
valuations & progress payments
- Preparation
of final accounts
- Financial
& contractual close-out