Financial Institutions

Ashbrook can assist with the development lifecycle of the construction project from inception to realization.  Working alongside the financial institution through the comprehensive process specifically tailored to client’s/company’s/bank’s needs. This will be on an ongoing basis throughout the term of the project, ensuring effective communication between client, contractors, consultants and representatives. Ashbrook can provide a comprehensive breakdown of various projects and contracts.  Creating simple solutions specific to the needs of those involved, creating bespoke funding solutions.

Assessing and managing risk, defining the scope of works, setting parameters can maximise return on equity and help secure that next big project.  This allows the break-down of barriers to funding allowing loans targeting the construction and expansion needs of regional, national and international businesses.

Our services include:

Pre - Contract Stage

  • Analyse the project brief with the Client regarding cost targets, and report on any cost issues.
  • Prepare financial feasibility studies.
  • Prepare schedule of elemental cost targets based on gross floor areas and determine the overall budget.
  • Prepare an initial cost estimate and a cost plan.
  • Provide cost planning advice to the design team and the Client during the design stage.
  • Monitor the evolving design regarding cost plan, and report on any issues
  • Prepare a detailed cost estimate during the design period.
  • Provide advice on ways to maintain costs within the budget.
  • Provide reconciliation with previous estimates if requested.
  • Measure and prepare a set of bills or schedules of quantities for tender (if required).
  • Report on tenders, undertake negotiation with the contractor, and provide advice to the Client.
  • Establish with the Client an appropriate monthly cost reporting plan for the project.
  • Report on costs during the design period.
  • Undertake value engineering exercises.
  • Report on progress of the services as reasonably required by the Client.
  • Attend design and project meetings as necessary.

Post - Contract Stage

  • Assess payment claims and provide progress payment recommendations.
  • Prepare approximate estimates of cost of variations.
  • Undertake measurement, valuation, and negotiation in connection with contractor claims, and report onthe cost of variations.
  • Check and negotiate with the contractor on the cost of financial claims.
  • Prepare monthly financial reports forecasting the project final cost during the contract period.
  • Prepare and submit a detailed statement on the final cost of the works.
  • Attend site and project meetings as required.
  • Report on the progress of the services as reasonably required by the Client.
  • Any attendance regarding formal dispute processes is excluded from the services and will be treated as a variation.