Our forensic construction economists prepare construction cost escalation reports to assist our clients in efficiently handling and recording the effects of increasing construction expenses on their projects.
Construction Cost Escalation Reports
Our reports provide invaluable insights into cost trends, serving as crucial instruments for validating construction escalation claims because of force majeure and other events outside of ordinary circumstances.
As skilled chartered and certified forensic quantity surveyors, we specialise in preparing construction cost escalation claims.
Our detailed analyses help our clients reinforce their claims effectively, providing a solid foundation for obtaining financial recovery and stability in the ever-changing construction markets.
Complete Market Analysis and Cost Forecasting
We thoroughly examine market data, economic indicators, and industry-specific cost indices. Through this analysis, we prove the direct correlation between specific events and conditions and the fluctuations in prices of materials, labour, and other essential elements throughout the project timeline.
Tailored Reports with Cause and Effect Analysis
Our custom reports are specially tailored for your project, investigating the root causes of cost escalations. These factors encompass global events, conflicts, political climates, weather incidents, and various external influences. This detailed cause-and-effect analysis forms the backbone of construction escalation claims, illustrating the precise cost factors that drove up project expenses.
Supporting Documentation for Claims
With precision and detail, our reports are meticulously crafted for formal escalation claims. By connecting cost increases to identifiable market trends, indices, and external events, we provide an expert opinion to substantiate claims.
Impact Assessment and Strategic Recommendations
Each report evaluates the impact of cost escalations on various expenditure categories in your project, which we compare your cost increases against our detailed findings to provide further analysis to support your claim.
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