Services Include:
- Monitoring the extent to which the original plans for a given project are fulfilled and identifying any deviations from these plans by utilizing the construction plan and associated cash flow estimates as baseline references;
- Development of a project budget from the cost estimate for the project to be used as a guide to manage the financial performance of the project and to assess the financial integrity of the project;
- Conducting monthly site visits to determine the
quantity of works:
- completed;
- in progress; and
- outstanding;
- Updating the project budget subsequent to the site visit to reflect the corresponding costs for the works and the amount to be paid for a particular valuation;
- Preparation of reports and interim payment certificates for approval of payments to the contractor;
- Confirmation that all costs are within the cost estimate or project budget; that the project can be deemed to be under financial control.
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