Cost management

Franklin + Andrews is cost consultant to Glasgow City Council on the National Indoor Sports Arena Velodrome, which will be one of the main venues for the 2014 Commonwealth Games Cost management is a key part of Mott MacDonald’s total project delivery capability.

Our quantity surveyors operate in all sectors of the economy covering property, infrastructure, energy, education, healthcare, utilities and government, offering a comprehensive range of commercial management advice and services for all our customers – from developers and financiers to owners and end-users. These cost consultancy services are provided by Franklin + Andrews, one of the world’s leading construction economists with a pedigree going back over 140 years.

Franklin + Andrews’ 500 professionals concern themselves not just with the capital cost of projects but with all aspects which have a financial impact on the business model – at inception, during delivery, on completion and throughout the assets’ life. This whole life cycle approach encompasses the three key stages:

• business needs/design – from benchmarking, cash movement management, cost modelling/planning and due diligence to fund monitoring, risk mitigation, supply chain management and value analysis
• asset implementation – including change control and accounting, cost control, payments and final accounting, post-implementation reviews and close-out, project auditing and trade contractor procurement
• ongoing life cycle – such as implementation of capex/opex projects, insurance valuations, real estate tax planning, strategic facilities management and whole life analysis

Construction cost data

Through its specialist cost research unit, Franklin + Andrews publishes an extensive array of economic information including commodity price movements, currency fluctuations and macroeconomic data which are all collated and analysed by a team of full-time research analysts, enabling us to forecast with great accuracy future construction cost trends. These forecasts – covering every market sector of the global construction industry – are consistently in line with actual trends achieved and enable our customers to plan ahead and maintain commercial advantage.

Our wide range of construction price books and CD-Rom publications provide our customers with comprehensive and detailed cost data – we also produce purpose designed reports to meet specific customer requirements.

Publications include the Little Black Books which provide a summary of property cost benchmarking information covering construction sectors in many countries and are designed to serve as a reference guide for the construction industry. Also featured in our portfolio of cost data publications are the Griffiths, Hutchins and Spon’s price books plus a quarterly economic bulletin.