Hedderman Stanley & Associates Ltd provide
multi-disciplinary cost consultancy services
encompassing cost management for a wide range of
projects varying from minor works to the largest
construction projects completed successfully in Ireland.
We operate as the Clients representative tailoring our
services to suit the Clients specific needs.
Hedderman Stanley & Associates Ltd has
considerable qualified personnel resources available,
backed by the extensive and wide-ranging experience of
successful projects enjoyed by its Directors, Associate
Directors and Senior Staff. Our in-house support
services, processes and procedures combined with the
most up to date IT technology enable us to provide a
high quality service to our clients.
Specific Quantity Surveying Services:-
- Initial Cost Advice / Feasibility Studies
- Budget Estimating & Cost Planning
- Value Engineering
- Risk Assessment
- Life Cycle / Whole Life Costing
- Advice on Contract Procedures
- Preparation of Contract Documentation
- Cost Control during Construction
- Valuation of Work
- Settlement of Final Account
Initial Cost Advice / Feasibility Studies
To achieve best value for money for projects,
Hedderman Stanley & Associates Ltd can provide the analytical services to
establish their feasibility/viability.
Cost must be weighed against aesthetics, quality, space,
time, historical and local data. Collaboration between
the project team members will bring maximum benefit to
the client at this stage.
Budget Estimating & Cost Planning
The initial budget cost is established by reference
to cost data derived from previous projects, knowledge
of the local construction market, benchmarking etc. The
Project Budget Estimate is prepared on an elemental
basis so that specific budgets are set for each element
to establish limits within which it is allowed to
develop. As the Project develops, each element is
checked to ensure it remains within its limit and the
overall Project Budget Estimate remains secure.
Hedderman Stanley & Associates Ltd can provide Value
Engineering services to the Client. Each element of the
Project Budget Estimate can be examined to establish
that the Project Design represents best value for money.
A value for money assessment must weigh cost against
aesthetics, quality space and time. All members of the
project team need to be involved to ensure maximum
benefit to the Client. Hedderman Stanley will if
required implement the most up to date Value Engineering
techniques during the design stages of a project to
facilitate the selection of the most economic
During all stages of the project Hedderman Stanley
and Associates Ltd
can review the relevant risks. We can use our
considerable experience combined with the Quantitative
Risk Assessment techniques to assess these risks. Risks
can be many and varied including but not limited to
programme risks, cost overrun, legislative changes etc.
The results of our assessment can be presented in a
manner tailored to suit the Client's requirements
Life Cycle / Whole Life Costing
Life cycle costing considers the costs resulting from
fulfilling a particular Client requirement or use and
which arise from initial provision of the facilities
through to the anticipated life span. These costs
include initial capital costs, subsequent operating
costs and replacement or renewal at stages of the life
cycle. All these factors require evaluation and should
be included in the decision making process at
Advice on Contract Procedures
Hedderman Stanley & Associates Ltd specialize in tailoring
contract procedures to suit a Client's specific
requirements as regards cost control. Areas of
consideration include contracting strategy, procurement
methods, tender analysis, contract negotiation contract,
contract administration etc.
Preparation of Contract Documentation
Hedderman Stanley & Associates Ltd can provide expert advice on
the adequacy of the levels of insurance, liquidated
damages, dates for completion etc.
Cost Control during Construction
Hedderman Stanley & Associates Ltd provide the Cost Control
services that have proven successful on all our Client's
projects to date. For a project to be successful there
must be a balance between scope, schedule and budget.
Our expertise enables the Project Budget Estimate to
reflect the Project Scope and the Project Schedule and
maintain the balance through the life of the project.
To provide the successful balance it is necessary during
the construction to employ rigorous cost control
procedures. Variations should be continuously monitored
and cost reports updated to reflect the current position
to the Client. It is imperative that good records are
kept and good control is maintained in the field. If
potential cost over-runs are identified in advance then
a recovery plan can be developed in a timely manner to
mitigate the impact to the overall budget.
Valuation of Work
Hedderman Stanley & Associates Ltd services include for Monthly
Valuations of work-in-progress to be carried out in
order to make stage payments to the contractor. This
includes the physical measurement of the work on the
site and materials delivered. Cash flow projections may
be provided to indicate the Client's anticipated monthly
expenditure throughout the construction stage.
Settlement of Final Account
Hedderman Stanley & Associates Ltd can provide the processes
and procedures to achieve progressive close out on
projects. The advantage of this is that it gives both
the Client and the Contractor a degree of cost certainty
that is not achieved under more traditional Final
Account approaches and reduces the lag time between
project completion on Final Account settlement.