COST PLANNING CANADA INC.
Construction Cost Consultants & Quantity Surveyors
Services
Cost Planning Canada provides a wide range of expert services for the Canadian construction industry, specializing in the following services.
Cost
Planning
The benefits of cost planning and cost control are endless. The requirement for cost planning is becoming increasingly more necessary in today's construction market. Throughout the various design stages, cost planning provides the opportunity for the project design team to make the necessary adjustments to assist in obtaining the primary business case objective.
Cost Planning Canada utilizes in depth estimating experience and maintains up-to-date current tender and market knowledge, to forecast budget costs before they are incurred. Commonly used prior to contract formation, utilizing Cost Planning Canada's services will assist clients to meet their target objectives and endeavour to optimize value for their available budget.
Our Cost Planning Services include:
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Feasibility Studies
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Functional Program Estimates
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Schematic Design
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Design Development
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Working Drawings
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Pre-Tender Contract Documents
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Tender Package
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Tender Review
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Value Management
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Functional Cost Analysis’
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Post Tender Services
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Life Cycle Costing
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Soft Cost Budgeting
Project & Construction Management
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In addition to quantity surveying services, Cost Planning Canada can also act in the capacity as a Project or Construction Manager depending on the project's delivery system. The benefits of using a quantity surveyor as a Project or Construction Manager gives the owner the ability to merge strict cost control with current market knowledge. We have the insight and analysis tools to scrutinize schedule milestones and identify exclusions from subcontractors estimates to ensure all costs are captured, and the schedule is maintained. We can also provide procurement and contract formation advice during the negotiation period, which can ensure the optimum delivery system is used, based on the specific requirements of the project.
Project and Construction Management can add significant value and can be employed at any stage, from the initial concept design to controlling and administrating the project through to completion.
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Financial
Monitoring
Cost Planning Canada specializes in delivering quality loan monitoring services for lenders and borrowers alike. Our primary objective is to minimize the lender's potential cost risk exposure ensuring the project budget is reasonable to complete the proposed scope. Conducted by our experienced personnel, our firm can perform the necessary site evaluations and identify cost increases or anomalies at the time they arise, making adjustments when necessary.
We provide mortgage monitoring and financial reporting for all types of projects during the construction delivery phase. Our assessment is undertaken to ensure inclusion of items normally associated with a project of its kind; confirming the budget is adequate. As an independent third-party, our assessment is performed on a periodic basis to provide our clients with an overview of the project's status, and reviewing the reasonableness of the progress advance request. We aim to provide transparency to all parties, advising on specific risks as the project develops.
Our Financial Monitoring services include:
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Financing Application Budgets
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Budget Review's
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Progress Advance Requests
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Payment Certification
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Status Update Reporting
Expert
Witness
Our professional staff can provide independent advice including practical solutions to the arbitration process and facilitate the legal counsel, acting as an expert witness during contract or construction disputes. We can assist in dispute resolution and develop independent cost to complete assessments or replacement cost estimates among a variety of other professional related services to arrive at an agreed upon means of settlement.
Value Analysis &
Risk Assessment
At the onset of a project, it is critical to understand the design implications and value solutions to determine a project's feasibility. Cost management is utilized as a means to forecast, predict and control costs at every stage of design, procurement and the construction process. Our value analysis and estimating experience allows our clientele to identify any unnecessary costs, while maintaining the performance requirement outlining areas or elements that could be improved during the design process.
Our cost management staff works with the project team to evaluate and determine the benefits and costs of alternative design solutions to ensure that the systems, materials and methods are selected that meet the design and function criteria for the optimum price without sacrificing the quality of the development.
Risk assessment is performed to determine the existence and influence of cost risks on construction projects, advising on the specific cost implications during the planning, design and construction phases. Projects are often exposed to schedule increases and cost overruns due to the uncertain and rapidly changing cost environments based on the project's complexity, available resources, particular climate and economic policies. Cost Planning Canada can assist in determining the risk and provide an in-depth assessment of your next development project.
Additional
Services
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Our additional services include but are not limited to:
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Life Cycle Cost Models
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Reserve Fund Studies
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Property Conditions Reports
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Insurance Replacement Cost Assessments
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Project Scheduling
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Construction and Project Cash-Flows
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Quantity Takeoffs and Bills of Quantities
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Commercial and Contract Management
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Procurement Advice
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Tender Analysis, Contract Review and Negotiation
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Technical Advice and Expert Opinion
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Quantity Surveying Services
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Soft Cost Budgeting
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Analysis of Building Efficiencies
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Value Engineering
