We are able to tailor a solution based on our clients specific needs and requirements.
We have outlined our key focus areas with a brief explanation of each specific service offering. What is important to remember is that we are able to tailor a solution based on our clients specific needs and requirements.
“A key part of our philosophy is to ensure that we, and other team members, are fully aware of your project and business objectives, and how these combine to define value for money. We are value driven, rather than simply cost driven.”
We focus on a solutions-driven approach and delivering the best outcomes for our clients. We can support the challenges and opportunities you face throughout the life-cycle of a development, from business and investment strategy at organisational level through to operational efficiency of the final built product.
We have the confidence to ask our clients what their burning issues are and provide a service that not only focuses on the core issues but drives the process to achieve objectives.
Cost Management & Quantity Surveying
Forensic Auditing Reviews
Before financial institutions agree to fund property developments, they must have a thorough understanding of all the construction aspects of the project in order to weigh up the risks that might impact on their capital. When a development is underway, it must be carefully monitored with regular site visits made in order to pick up any key issues as they arise.
We assess the progress, quality and independently highlight potential risks that we would alert to the financier. A major component of this service is to assess and advise when costs can be drawn down against the capital facility, and on the adequacy of the remaining undrawn loan to cover the forecasted cost to complete.
The EQUATE team has developed a framework that has been widely accepted by a number of institutions on the continent, with one goal in mind, aiding bank-ability and reducing risk to both the developer and the financier. We liaise with banks, their lawyers and the developer at every stage of a development.
Triggered by the identification of a business need for a contract with a certain scope and a business case (including budget) for its procurement. A clear decision is needed prior to commencement of procurement to ultimately award a contract.
- Procurement Planning
- Tender and Contractual Documentation
- Contractual Advice and Legal Support
- Scope Formulation and Packaging
- Tendering, Adjudication, Negotiation and Appointment
COST MANAGEMENT & QUANTITY SURVEYING
Our Cost Managers / Quantity Surveyors are there to provide independent and impartial advice that can be trusted. We pro-actively manage construction costs, from inception to final account, to ensure best value for our clients. We develop an in-depth understanding of our client’s business goals and become their champion in project delivery, empowering their business decisions with our depth of construction knowledge. We employ people who are experts in every sector of the construction market. Our team and our rigorous cost control systems ensure that value is achieved and exceeded for every client.
Our tailor-made solutions may include some or all of the following key Cost Management and Quantity Surveying Services:
- Project feasibility studies & estimates
- Cost planning & budget formulation
- Cash flow forecasting and reporting on actual expenditure
- Value engineering
- Assessment and recommendation on payment valuations for work in progress
- Cost reporting
- Final account settlement
- Post contract project analysis and project appraisal
Our tailored solutions may include some or all of the following Commercial Management Services:
- Budget Management
- Contracts Management
- Change & Scope Management
- Claims Management
- Contractual Correspondence
- Contractual Notices
- Project Reporting
- Final Accounts
Enterprise Risk Management Services help organisations integrate risk management into their business and strategic processes to enable them to take risks to create value as well as respond to and mitigate risks appropriately. We provide a range of services to help organisations with their risk management issues, including identification and prioritisation of enterprise-wide risks, assessment of an organisation’s risk capabilities, and development of the tools, processes and organisational structures needed to build a robust and sustainable risk management program.
Identification and mitigation of project risks is inseparable from our core services of programme, project and cost management. However, as independent cost and financial advisors to the construction industry, EQUATE offers risk analysis and management as a separate, as well as an integrated service to our clients. Management of risk is key to the risk assessment process and our philosophy is “raise a risk – then provide a mitigation strategy and manage it”. This turns “risk” management into “opportunity” management.
Services we can provide include:
- Project audit
- Project investment analysis
- Project funding support
- Sensitivity analysis
- Project risk management
- Forensic analysis
FORENSIC AUDITING REVIEWS
Through the international experience gained by some of our senior staff, EQUATE is able to provide a unique service offering to the construction and property sectors. We could be approached to conduct an independent review of a project for either private or public clients to ascertain the cause of a potential dispute or litigation. Whilst this is a very specialist service, EQUATE would also support and partner with a Accounting firm.
When parties are in conflict, they need clear, unbiased, expert advice and testimony to help settle disputes to the satisfaction of all concerned. Being able to anticipate, prevent or minimise programme and cost overruns by consulting with our team through the construction stage of a project is also of enormous benefit to our clients.
Feasibility Studies are an essential part in the development decision making cycle providing detailed, analytical parameters that guide investment commitees, development managers, investors, funding institutions etc. A financial feasibility study projects how much start-up capital is needed, sources of capital, returns on investment, and other financial considerations that are required for the successful execution for any project. The main objective of a feasibility study is to determine whether or not a certain plan of action is likely to produce the anticipated result that is, whether or not it will work, and whether or not it is worth doing economically.
Our team provides these feasibility studies as an assessment of the practicality of a proposed plan or project. The analysis done considers all of a project’s relevant factors including economic, technical, legal, and scheduling considerations to ascertain the likelihood of completing the project successfully. Whether a project is feasible or not can depend on several factors, including the project’s cost and return on investment, meaning whether the project generated enough revenue or sales.
Our Financial Feasibility Studies will include:
- Income Projections
- Initial First Year Yield
- Income Capitalisation and Residual Value
- Discounted Cashflow Models
- Loan Repayment Schedules
- Stress Tests
- Deal Structure Analysis
- Project Cashflows
14 Amatola Road, Doringkloof, Centurion, South Africa, 0157
CAPE TOWN OFFICE
The Old Foundry, 1 Sand Hill Rd, Green Point, Cape Town, 8001