Services
Pre-Contract Cost Planning
Avoid wasted costs of re-documentation and amended approvals by ensuring feasibility.
Post-Contract Project Administration & Auditing
Control cashflow during construction and verify the reasonability of costs.
Insurance Reinstatement Estimates & Reports
In the event of property loss, get a reasonable valuation for insurance cover.
Tax Depreciation Schedules
Claim relief from taxation through capital allowances for owners of incoming producing property.
Expert Evidence & Dispute Settlement Reports
Reports for Courts, Tribunals or directly for owners, which establish the value of building works completed or incomplete.
Other Services
Other services include Life Cycle Costing analysis, Environmental Impact Analysis and Tax Effective Design advice.
Pre-Contract Cost Planning
Cost Planning – A staged process that is carried our during the documentation of a project from the initial concept to the completion of full tender documents.
This service aims to offer the Client best value for money and prevent potential loss of time and the cost of re-documentation and amended planning approvals if the design is outside the project budget.
Feasibility analysis – A detailed analysis of all the likely expenditure to develop the project, and the projected sales or income in order to determine if the project will provide a reasonable return.
Post-Contract Project Administration & Auditing
Contract administration and Control Costs – Controlling the cash flow during construction to ensure sufficient funds remain with the client to complete the project.
Cost negotiation with variations and claims – Verifying costs are reasonable and assisting in resolving matters that may be on dispute.
Project Reports for Banks and other Financial Institution – Providing independent service directly to a financier in order to protect the interests of both the Lender and the Borrower
The service includes an ‘Initial Project Report’ which examines construction costs, permits, insurances, programme, etc.. to verify that the project is feasible and all aspects of in order.
Secondly, prepare ‘Project Progress Reports’ regularly during construction process to advise on the status of the works and the cost to complete.
Insurance Reinstatement Estimates & Reports
Insurances Valuations – Recommendation of the appropriate amount if insurance cover to replace a building in the event of its loss.
Assistance in establishing the value on a loss and the appropriates amount payable to settle a claim on behalf of both building Owners and Insurers
Tax Depreciation Schedules
Capital allowances may offer the owner of income producing property considerable relief from taxation. We aim to calculate the maximum value of the allowances that are available to claim against assessable income.
All items in our schedules are supported by legal argument which is based on our knowledge of all relevant statute and precedent case law surrounding these allowances.
There are two main types of allowances defined in the Income Tax Assessment Act 1997:
- Depreciation Allowances (Division 40) which apply to ‘Depreciation Assets’ in the building such as Removable floor coverings, heating & hot water systems, Air-conditioning units and security services, etc.. all of which may be claimed at higher rates.
- Capital Building Works Allowance Division 43) for capital expenditure on the Building Works and Structural Improvements. The allowance is based on building costs at the date of construction.
Generally the building allowance is claimed at the rate of 2.5 % however, if the building is used for manufacturing purpose, the rate of 4.0 % may be adopted
Expert Evidence & Dispute Settlement Reports
Preparation of estimates to establish the value of the building works completed and or works not completed and the cost of rectification works.
These reports may be prepared for the Courts, Tribunals or directly for owners outside the legal system.
Other Services
Life Cycle Costing Analysis – Analysis the of building materials, services and other building elements in order to establish their cost over the life of that building.This analysis incorporates maintenance and replacement costs and any salvage values
Environmental Impact Analysis – Analysis of the overall impact on the environment that building materials, services and other building elements have. The report consider the source of supply, the embodied energy in production, replacement and final disposal.
Tax Effective Design Advice – Providing advise on services and material selection that attract higher tax allowances.