The directors of BSM Consulting are well versed at applying their vast knowledge in the services listed below. The team can assist with civil, commercial, correctional, education, health, heritage, hospitality, industrial, residential and retail projects, both small and large.
Estimating & Cost Planning
BSM Consulting places great importance on the role of the cost manager. We believe that every project is unique, and our approach to cost planning reflects that understanding.
Effective cost management is fundamental to the success of a building project.
Our in-depth knowledge and experience of all forms of construction enables us to provide accurate and realistic cost estimations from the conceptual stage through to completed documentation. BSM Consulting has its finger on the pulse. We take the time to research and analyse exactly which way the cost of labour and materials is heading. Realistic allowances for cost escalation or de-escalation can have a major impact on the bottom line. All this allows the project stakeholders to move forward and make decisions with confidence.
As cost managers, we provide input at all stages and on all levels, including advice on alternative construction techniques that may help to reduce costs and construction time. We can manage and control the project cost by closely liaising with and staying one step ahead of the design team.
Bills of Quantities
One of the most important roles of the professional quantity surveyor is to prepare bills of quantities. This document itemises the quantities of labour and materials required for a construction project.
The ability to read and interpret architect’s and engineer’s drawings and specifications is essential in order to produce a bill of quantities. BSM Consulting is able to provide our clients with accurate, comprehensive, unambiguous and logical bills of quantities which will enable tenderers to price the works keenly without risk. The client is therefore ensured a realistic tender price without the need for unnecessary built-in builder’s contingencies.
Contract Administration/Management
By monitoring the project’s progress, the cost of authorised changes and any potential builder’s claims on a day-to-day basis, BSM Consulting can provide clients with up-to-date financial reports. This can help to eliminate unpleasant surprises in relation to the project’s forecast final cost. It also allows clients to make informed financial decisions during the construction phase, if necessary.
Contract Claims Advice
Our many years of experience working on complex projects means that we can offer our clients expert advice on all contractual matters. This includes variation claims, time extension claims, prolongation claims (time delay costs) and disruption claims. We can also provide valuable input with regard to final wording, as well as advice on any special conditions in a client’s intended agreement.
Insurance Replacement Estimates
We take the guesswork out of replacement cost insurance valuations by using our considerable experience and expertise to calculate the correct insured value. This reduces the cost of insurance while ensuring your asset is fully insured should a claim event arise.
Tax Depreciation Schedules
From houses to hotels, apartments to office buildings, shopping centres to industrial buildings, BSM consulting can provide a detailed depreciation schedule for your new or existing qualifying building. Our intimate knowledge of the tax laws relating to capital allowances and depreciating assets will ensure that you receive the maximum allowable benefit.
Independent Financial Certification & Progress Reporting
BSM Consulting provides lenders with accurate, comprehensive reporting on projects being funded. Our role is to assist in minimising risk. Our experience in large construction projects and our knowledge of the costs involved allow us to assess the proposed development budget and program and advise accordingly.
Accurate valuations for progress payments and progress reporting eliminates the lender’s exposure to overpayment and subsequent understatement of the cost to complete a project. A fair valuation of completed work also ensures that the builder’s cash flow is not impeded, and allows the builder to adequately resource the project.
Project Management
Our combined experience of over 90 years in the construction industry will ensure projects are delivered on time and on budget by identifying key milestones and risks, from the project initiation stage through to implementation of a project management plan and subsequent project delivery and control.