At CQS Solutions, we have extensive experience in providing a wide range of services to clients with construction projects varying in size, location and complexity. We pride ourselves on always looking forward so that we can anticipate any issues you might have, and so we are constantly assessing and expanding the level of services we can offer.
In the past couple of months, we have introduced three new services to be able to offer our clients: Insurance Reinstatement, Construction Management and Cost Assurance.
What is Insurance Reinstatement?
Most insurance companies require a Reinstatement Cost Assessment (RCA) – a professional evaluation of a property’s rebuilding cost in the event of complete destruction.
Carrying out an RCA is complex and technical, but vital to ensuring a building is fully and correctly insured. Non-typical buildings, e.g. listed properties, schools and sporting venues – can be especially challenging, but it is vital to have an accurate RCA in place to avoid any shortfall on an insurance claim.
A shocking fact is that 81% of buildings are under insured, with most only being insured for 63% of their actual value.
What is Construction Management?
Construction management is about coordinating and overseeing all aspects of a project and liaising with everyone involved such as; owners, architects, engineers, contractors and suppliers. The client takes on a professional team to manage individual contractors and suppliers, instead of hiring just one contractor to carry out the entire project.
Construction management contracts are ideal for large-scale construction projects such as industrial facilities, commercial properties, transportation infrastructure, and other capital projects.
The main benefit of construction management is that it naturally organises workflows to ensure the project planning and execution goes to schedule and budget. Construction management is also cost and time efficient as it de-risks delivery, compared to a main contracting model where potential risks are priced into the overall contract sum even if they may not materialise.
What is Cost Assurance?
A cost assurance plan is a strategic framework designed to manage and control costs within an organisation effectively. This method entails a combination of processes, tools, and techniques targeted at effectively monitoring, controlling, and managing expenses.
We provide the highest possible Return On Investment from your project by making sure you are getting good value for money across all aspects including materials, planning applications, contractors and much more. Cost assurance is being increasingly used by public sector organisations to drive best value in their supply chains.
At CQS Solutions, we are always addressing more ways in which we can be helping our clients with their project management, from the conception all the way through to the construction and beyond.
We work with architects, contractors and the public sector to help fulfil your next project goals. Find out more about our services here.