Micromount
Cost Consultancy
Cost Consultancy
Micromount also offers expertise in cost management, cost auditing, and project cost monitoring to ensure alignment with client requirements and optimal budget management. Our cost management team establishes a robust centralized system for monitoring costs and managing changes, benefiting all project stakeholders.
Micromount's cost consultancy services are structured into four key stages:
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Pre-contract
- Initial budgetary estimates
- Preliminary cash flow projections
- Identification of items for advance procurement
- Value management in collaboration with consultants
- Cost monitoring aligned with design progress
- Preparation of preliminary cost plans and cash flows
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Tendering & Documentation
- Development of procurement strategies for packages, tendering, and contracts
- Preparation of contract documentation
- Creation of standardized and consistent Bills of Quantities (BOQ)
- - Review and analysis of tenders
- - Preparation of Letters of Award and Contracts
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Post-contract Cost Control & Monitoring
- Administration of cost control measures
- Adjustments to cash flow and financial guidance based on tenders
- Implementation of change management strategies
- Progressive monitoring of costs and updates to cost plans
- Compilation of monthly project cost reports
- Verification and reconciliation of quantities and materials
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Post-contract Financial Management
- Establishment of standard procedures for progress payments
- Attendance at project meetings
- Preparation of monthly valuations and progress payments
- Compilation of final accounts
- Financial and contractual closure
