Quantity Surveying Services for Property Developers
Know Your Numbers! Control Your Costs! Protect Your Investment!
Successful property development starts with a clear understanding of the numbers.
Before committing capital, you need to know whether a project is financially viable. During construction, you need confidence that costs are being controlled and that changes aren't undermining your budget.
BMAC Services provides practical quantity surveying and commercial management support to property developers across the UK and Ireland.
From initial feasibility and cost planning through procurement, construction and final account, we help you make informed decisions and maintain control of your development costs.
Construction costs can have a significant impact on the viability and return of a development.
An inaccurate early budget can affect funding, procurement and ultimately the profitability of the project. Once construction begins, poor cost control can create further pressure on the development's financial performance.
BMAC works alongside developers to provide clear, practical cost advice at each stage of the development.
Our objective is simple:
Help you understand the numbers, manage the risks and make better commercial decisions.
Commercial Advice From Feasibility to Completion
Our Services for Developers
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Before committing to a project, you need to understand its likely construction cost.
We can provide early-stage cost advice to help you assess whether a proposed development is commercially viable.
Our support can include:
Initial construction cost estimates
Benchmarking
Cost per square metre analysis
Preliminary budgets
High-level development cost advice
Review of proposed schemes
Initial risk assessment
Cost comparisons
Early-stage value engineering
Understand the likely cost of your project before significant capital is committed.
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A robust cost plan provides a financial framework for the development.
As the design develops, we can help refine the budget and identify where costs are increasing or where savings may be possible.
Our cost planning services can include:
Elemental cost plans
Budget development
Cost checks
Design cost reviews
Cost forecasting
Benchmarking
Value engineering
Budget updates
Cost reporting
Keep the design aligned with the budget.
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The way a project is procured can have a significant effect on cost, risk and programme.
We can provide commercial input into procurement decisions and help you understand the implications of different approaches.
This can include:
Procurement strategy advice
Contractor procurement
Tender documentation
Tender analysis
Contractor comparisons
Subcontract procurement
Commercial negotiations
Procurement risk assessment
Choose a procurement approach that fits your development, budget and risk profile.
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Once you're ready to appoint a contractor, obtaining and properly analysing competitive tenders is essential.
We can manage or support the tender process, helping ensure that tender returns are properly assessed and that you understand exactly what is included in each price.
Our support can include:
Tender preparation
Tender enquiries
Measurement
Tender analysis
Comparison of returns
Review of exclusions
Identification of qualifications
Clarification of tender scope
Commercial negotiations
Tender recommendation
Don't simply choose the lowest price. Understand what you're actually buying.
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Once construction begins, maintaining control of costs becomes critical.
BMAC can provide ongoing commercial support throughout the construction phase, helping you monitor expenditure and understand the financial position of your development.
We can assist with:
Contract administration
Payment assessments
Valuations
Cost reporting
Cost/value reconciliation
Forecasting
Cash-flow forecasting
Variation management
Commercial risk management
Contractor account management
Maintain financial control from the first valuation to project completion.
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A development budget shouldn't be something you review only when a problem appears.
Regular cost monitoring helps you identify emerging issues early and understand their potential impact on the overall development.
Our support can include:
Budget monitoring
Actual cost reporting
Forecast final cost
Cost/value reconciliation
Variation tracking
Commitment reporting
Cash-flow forecasting
Risk allowances
Financial forecasting
Know what has been spent, what is committed and what the project is likely to cost when complete.
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Changes to a development can quickly affect the overall budget.
We help developers understand the cost implications of design changes, contractor variations and additional works before they become unexpected expenditure.
We can assist with:
Reviewing variations
Assessing contractor valuations
Measuring changes
Pricing changes
Variation registers
Cost impact assessments
Negotiation of variation values
Change control
Understand the financial impact of a change before agreeing to it.
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The construction phase may be complete, but there can still be significant commercial matters to resolve.
We can assist with the final account process to ensure the final cost of the development is properly established and outstanding matters are addressed.
Our support can include:
Final measurement
Final account assessment
Variation reconciliation
Contractor account review
Outstanding claims
Retention
Commercial negotiations
Final cost reporting
Project close-out
Finish the development with a clear understanding of the final cost.
Protecting Your Development Budget
A successful development depends on maintaining control of costs from the earliest stages.
Before You Buy
Understand the likely construction cost and identify potential risks before committing to the development.
Before You Build
Develop a robust budget, review the design and establish the right procurement strategy.
During Construction
Monitor costs, manage variations and maintain visibility of the forecast final cost.
At Completion
Resolve outstanding commercial matters and establish the true final cost of the development.
Better information leads to better development decisions.
Why Developers Choose BMAC Services?
Independent Commercial Advice
We provide clear cost information to help you make informed decisions throughout the development.
Practical Experience
With more than 10 years' experience in quantity surveying and commercial management, we understand the realities of construction costs and project delivery.
Early Intervention
The earlier potential cost issues are identified, the more options you generally have to address them.
Clear Reporting
We focus on providing information that is understandable and useful for making decisions.
Flexible Support
We can support a project from initial feasibility through to completion or provide assistance at specific stages where you need additional expertise.
A Quantity Surveyor Should Add Value Before Construction Starts
One of the most important decisions a developer can make is bringing commercial expertise into a project early enough to influence the outcome.
By understanding costs during feasibility and design, you have greater opportunity to:
Challenge assumptions
Compare design options
Identify unnecessary costs
Assess procurement options
Establish realistic budgets
Identify commercial risks
Make informed investment decisions
Once construction has started, the opportunity to influence costs can become considerably more limited.
Get the commercial advice in place early.
Have a Development in Mind?
Whether you're assessing a potential site, developing a scheme, preparing to tender or managing a project already under construction, BMAC Services can provide practical commercial support.
Tell us about your development and we'll discuss your requirements.