Whilst creative design concepts and technically sound architectural and engineering design and implementation are Omrania’s passion, we also recognize that control of project costs to meet client budget constraints and expectations is essential to successful project delivery.
Through our in-house team of experienced quantity surveyors, Omrania employs a range of processes and techniques based on up-to-date industry cost data to establish initial project construction budgets for client approval and to ensure that costs are controlled throughout all phases of a project’s lifecycle, including:
- Estimation of project construction costs at project initiation and at key design milestones to inform project owners and design teams for modification of the design as necessary to align with the initial budget. As an increasing level of design detail becomes available through the project design phases, increasingly sophisticated estimating techniques are employed and to achieve a reliable pre-construction cost estimate based on measured quantities and current market rates for individual work items.
- Analysis of contractors’ commercial tenders for construction as part of project construction tendering, benchmarked against pre-construction cost estimates with the aim of achieving the optimum project construction cost, consistent with technical compliance.
- Monitoring and reporting of project implementation costs throughout the construction period, including valuation of change orders and validation of contractor’s claims for additional work. Cost reports are compiled and issued at regular intervals during the construction period for owner’s information.
- Evaluation of contractor’s interim payment applications and certification of the value of work executed as well as determination of project final accounts upon completion of the construction contract.