Cost Management

Independent cost advice. Commercial control throughout the project.

Virtus Consult provides Quantity Surveying, Cost Management and commercial consultancy services across the construction and property sectors.

From initial feasibility and investment appraisals through procurement, construction and final accounts, we help clients understand project costs, establish realistic budgets and maintain financial control.

Our experience covers individual construction projects, technically complex developments, major refurbishments, specialist industrial and manufacturing facilities and multi-site capital programmes. We work with property owners, developers, occupiers, contractors and public-sector clients, providing advice tailored to the project and the client’s commercial objectives.

We combine practical construction knowledge with an understanding of market conditions, procurement and contractual responsibilities. Our focus is on giving clients reliable information, identifying cost risks early and maintaining a clear financial position as projects progress.

Our Services

Quantity Surveying & Cost Planning

We provide Quantity Surveying services from the earliest stages of a project, helping clients establish and manage realistic construction budgets.

Our work includes feasibility estimates, cost modelling, elemental cost plans, benchmarking, measurement, budget development and assessment of design alternatives.

Our experience includes complex building services installations, specialist manufacturing facilities, operational building refurbishments and major capital developments. We provide cost advice covering building fabric, structure, mechanical and electrical services and specialist installations, drawing on additional technical expertise where appropriate.

Procurement & Tendering

We advise clients on procurement strategies, tendering arrangements and contract selection, taking account of programme, risk, market conditions and the nature of the proposed works.

Our services include preparing tender documentation, managing tender processes, analysing returns, negotiating with contractors and suppliers, and preparing contract documentation.

We aim to establish clear scopes, appropriate pricing arrangements and a sound commercial basis before construction begins.

Commercial & Contract Management

During construction, we monitor expenditure, assess progress and manage the commercial implications of changes to the works.

Our services include interim valuations, payment assessments, variation management, cost reporting, cashflow forecasting, assessment of contractual entitlements and financial risk management.

We maintain clear records and reporting arrangements so clients understand the current cost position and the likely final account.

Value Engineering & Cost Optimisation

We review designs, specifications, construction methods and procurement opportunities to identify potential savings and improve value.

Our approach considers more than initial construction cost. We examine the implications for quality, performance, programme, operation and maintenance, helping clients make informed decisions about their investment.

This may include benchmarking, efficiency studies, alternative specifications, procurement reviews and whole-life cost assessments.

Final Accounts & Commercial Close-Out

We support clients through the financial close-out of construction contracts, including reviewing contractor submissions, assessing variations, reconciling expenditure and negotiating final accounts.

Where contractual or commercial disagreements arise, we provide independent assessments and practical advice aimed at establishing a properly evidenced position.

Specialist construction claims and dispute support are also available through our Advisory Services.

Our Approach

Our Experience

Virtus has provided Quantity Surveying and Cost Management services across hospitality, healthcare, residential, commercial, industrial, logistics, retail, education and public-sector projects.

Our experience includes major construction developments, specialist manufacturing facilities, hotel refurbishments, operational healthcare buildings, residential developments and national capital investment programmes.

We are accustomed to managing complex scopes, substantial mechanical and electrical installations, phased procurement and construction changes while maintaining independent commercial oversight.

Our portfolio demonstrates experience across traditional and design-and-build procurement, individual projects and wider programmes, from initial cost planning through to final account settlement.

Selected case studies illustrate our experience of managing construction costs and commercial risk across different sectors and forms of appointment.

Talk to Us

Whether you require early cost advice, full Quantity Surveying services, commercial management during construction or assistance with a final account, contact us to discuss your requirements.

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