Services

DEVELOPMENT MONITORING

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.

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

RISK MANAGEMENT

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

DISPUTE MANAGEMENT

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.