Cost Management

Cost Management is the core of what we do. Cost Management is about defining and managing costs, and coupled with defining and managing risks, will deliver real savings and add value at all stages of the project lifecycle. At Maltbys we help deliver effective, cost efficient and wherever possible, sustainable design solutions, which realize the key objectives for our Clients to the approved budget.

From the critical initial feasibility stage of a project right through to its completion, we provide rigorous, reliable and comprehensive cost advice on all aspects of the project which enable our Clients to make informed decisions along the way. A list of our specific Cost Management services is shown below, and is divided between Pre-Contract and Post-Contract services:-

Pre-Contract

• Project Feasibility studies and Development appraisals
• Estimating and cost planning (from initial m2 rate estimates to full elemental and trade based estimates)
• Risk identification, analysis and management strategies
• Value Management and Value Engineering (optimising value for money)
• Cashflow forecasting
• Life cycle costing/sustainable solutions
• Procurement strategies and advice
• Advice on selection of tenderers
• Contractual advice and preparation of Conditions of Tendering and Conditions of Contract
• Preparation of Schedules of Quantities and Builders Schedules
• Preparation of trade work packages for tender
• Compilation of Tender Documents
• Management of the Tender process
• Tender analysis, negotiations and recommendation of award of Contract

Post Contract

• Preparation of Contract Documents for signing
• Payment claim assessment and certification
• Cashflow forecast tracking and updating
• Variation claim assessment and negotiation
• Monthly project cost reporting and financial forecast cost to complete
• Reviewing document changes
• Extension Of Time claim assessments
• Final Account negotiation and settlement

Development Management

Maltbys can assist by managing the whole development process. Typically this can be by acting as the Client Representative, able to represent our Clients interests to help manage and drive the development process and provide advice throughout the development to ensure the appropriate balance of time, cost and quality to suit the objectives. We can assist, advise and engage a team of Consultants and selection of Contractors who are best placed to help define and meet the objectives and deliver the right result.

• Client Representation
• Engineer To The Contract
• Due diligence
• Project audit and verification service
• Partnering
• Dispute resolution and expert witness

Project Funder Services

Maltbys will deliver a reliable, independent and realistic evaluation of all of the component parts of a project for the project funder. Maltbys will provide a comprehensive review of the project from inception to completion, helping manage risk by independently maximising the predictability of time and final cost.

• Preparation of development budgets
• Development budget review
• Design and contract documentation review
• Contract review
• Risk identification
• Contingency assessment
• Review of Consent approvals
• Pre-condition certificate report
• Cost to complete reports
• Cashflow analysis
• Programme progress assessment

Sustainability

The marketability and value of property assets today are being strongly influenced by a properties sustainable credentials. At Maltbys we have a clear understanding of the issues and opportunities that need to be addressed in any new or refurbishment building project in order to maximise the green potential. Maltbys are members of the NZ Green Building Council and have a number of NZ Greenstar Accredited Professionals in our team.

• Capital cost advice
• Whole of life and life cycle costing and appraisal
• Cost advice on sustainable solutions/material choices
• Engineering services cost and design review
• Value management facilitation

Rebuild Estimates for Insurance Purposes

In order to obtain a reliable estimate of the cost of your property a qualified Quantity Surveyor is the construction specialist professional to complete this for your insurance needs.

• See our Insurance Rebuild page for further details or contact us at our local office with any further enquiries.

Other Services

In addition to our core services, at Maltbys we have the capability, expertise and experience to offer a wide range of other ancillary services that ensure we are able to support our Clients in every possible way.

• Dispute resolution and expert witness
• Due diligence (eg for a property purchase)
• Independent project peer reviews/audits
• Building Condition surveys
• Asset management advice
• Fire damage reports
• Tax depreciation schedules