As experienced quantity surveyors KNG produces a cost plan that is a detailed and trusted document, designed to evolve through the life of the project. It will develop in detail and accuracy as more information becomes available until actual prices are able to be provided by specialist contractors, contractors and suppliers.
Initial cost appraisals are carried out without the benefit of a design for the project. They include client costs that may not feature in later cost plans and as a result will almost certainly need input from our client’s finance director or financial advisers.
Once the initial cost appraisal is completed, the client will decide the scope of costs that will in future be monitored by the cost consultant and those that will be monitored and controlled by the client organisation.
KNG Building Services Ltd conducts preliminary feasibility studies in the very early stage of a project. They tend to be carried out when a project is large or complex, or where there is some doubt or controversy regarding the proposed development.
If an environmental impact assessment (EIA) is required, this may involve assessments best undertaken as part of feasibility studies.
The purpose of feasibility studies is to:
- Establish whether the project is viable
- Help identify feasible options
- Assist in the development of other project documentation such as the business case, project execution plan and strategic brief
- Initial cost appraisal
- Development budget
- Elemental cost plan
- Bill of quantities cost plan
- Pre-tender estimate
- Tender pricing document
- Contract sum analysis
- Final account
- Wider project costs upon request
- Planning permission
- Environmental impact assessment
- Legal/statutory approvals
- Site appraisals, geotechnical studies, contamination, easements and restrictive covenants
- Operational and maintenance assessment
- Servicing strategy appraisal
- Programme considerations
- Procurement options