Take Control of Costs with Actual Cost Audits
In today’s competitive business landscape, managing costs is crucial for profitability and long-term success. An annual cost audit from ABS is your comprehensive solution for identifying and addressing inefficiencies,optimising spending, and maximising your bottom line. Our experienced financial analysts will conduct a thorough review of your expenses, contracts, and processes, providing you with actionable insights to drive cost savings and improve your overall financial health.
services
Inside Our Winning Formula: The ABS Approach to Bid Support
At ABS we help our clients by adding value to actual cost audits by:
Reducing cost spend on projects:
Helping both sides reach amicable conclusion at final account stage.
Adding recommendations to ensure going forward areas of ambiguity are resolved ahead of time.
ABS do this by:
Understanding the contract in place and defining an Actual Cost.
Auditing client/contract system and all back up information to allow a decision on the cost in question.
Ensuring value for money is at the heart of what the audit represents.
Our collaborative approach helps develop a supportive client, supplier and audit relationship.
Recommending contractual changes or variations for the good of all parties
FAQ
ASK US
ANYTHING
Our expertise spans a wide range of projects, including:
- Commercial: Office buildings, retail spaces, hotels, and mixed-use developments.
- Industrial: Factories, warehouses, distribution centres, and manufacturing facilities.
- Infrastructure: Roads, bridges, railways, airports, and utilities.
- Residential: Housing developments, apartment complexes, and individual homes.
- Telecoms: Fibre optic network rollouts, data centres, and telecommunications infrastructure.
We take a meticulous approach to cost estimation, employing a combination of proven methodologies and industry best practices:
- Detailed Quantity Takeoff: We carefully measure and quantify all materials, labour, and equipment required for the project, ensuring nothing is overlooked.
- Market Research & Data Analysis: We continuously monitor market trends and price fluctuations to ensure our cost estimates are up-to-date and reflective of current market conditions.
- Historical Data: We leverage our extensive database of historical project data to benchmark costs and refine our estimates.
- Expert Judgement: Our experienced quantity surveyors apply their industry knowledge and expertise to assess risks, contingencies, and potential cost variations.
- Regular Reviews & Updates: We regularly review and update cost estimates as the project progresses, ensuring that they remain accurate and relevant throughout the project lifecycle.
Yes, absolutely. Our quantity surveyors are skilled negotiators and have extensive experience in contract preparation,tendering, and procurement processes. We can assist you with:
- Tender Preparation & Evaluation: Preparing tender documents, evaluating bids, and recommending the most suitable contractors and suppliers.
- Contract Negotiation: Negotiating fair and equitable terms with contractors and suppliers, ensuring your interests are protected and you get the best value for money.
- Procurement Management: Managing the procurement process, from initial supplier selection to contract administration and final account settlement.
We are committed to delivering exceptional value and client satisfaction. Our team of highly qualified and experienced quantity surveyors is dedicated to providing accurate, transparent, and reliable services. We pride ourselves on our proactive approach, attention to detail, and ability to tailor our services to your specific needs. Our goal is to build long-term partnerships with our clients, helping them achieve their project objectives and maximise their return on investment.
Contact us today for a free consultation to discuss your project needs. We’ll work with you to develop a tailored quantity surveying plan that aligns with your budget, timeline, and objectives. Our team is ready to partner with you to ensure your project’s financial success.