OVER 60 YEARS OF EXPERTISE

Our international group has over 60 years of technical expertise, sector experience and project success.  Cost Management is our core discipline for our business and our team. It doesn’t matter what kind of project we get involved in, or its procurement method. We have the processes and people to provide rigorous and innovative services.

The cost advice we provide is realistic and comprehensive. It covers all aspects of the project, specifically designed to help our clients in make informed decisions. Our approach and methodology help them mitigate project risk and successfully complete the delivery of their projects.

Our estimating and cost planning techniques are value management driven. We believe that it’s more important to optimise the capital works budget than to solely minimise cost. This methodology has been developed to ensure unnecessary costs are eliminated and to provide the best value within the agreed budget.

Complex technologies and the need for sustainable solutions have led to more sophisticated building and engineering services. Unless the cost consultant is also an engineer with specialist expertise and interest in the construction of sustainable environments, it is difficult to assess a complete or incomplete design and cost it accurately.

This is where WTP has an important edge. Our team has proven ability in providing early cost estimates prior to the design being developed. Drawing from our extensive database using control quantities, we can get things moving in the right direction from the outset.

BUILDING ENGINEERING SERVICES CAN ACCOUNT FOR UP TO 50% OF TOTAL CONSTRUCTION COSTS

The production of building and engineering services designs is often a slow process and can account for up to 50% of total construction costs. Our cost plans are written in a way that clients and engineers find equally understandable. They follow a recognised structure throughout, making it possible to review the design and cost plan holistically and understand all the implications if change is suggested. We recognise that it is essential that building and engineering services are cost and value managed to the same degree as the architectural and civil structural engineering elements.

Our team evaluates all items technically and commercially, particularly where co-ordination is needed. Our presence will provide total and pro-active cost and value management through all phases of the projects life.

Our role does not end once a contractor has been appointed. We maintain the same integrity whilst agreement of valuations, variations and final account are settled. This final information is a key component of our database.

Our services include:

Cost Management and Development Services

  • Estimating and cost planning
  • Construction cost management
  • Value management
  • Risk analysis
  • Elemental and functional analysis
  • Expenditure forecasting.

Contract Administration

  • Progress claim valuations
  • Claims analysis
  • Contract variations
  • Re-measurement for final accounts
  • Final account settlement
  • Cost audits.

Contract Documentation

  • Contractual advice and procurement strategy
  • Tender package measurement
  • Tender and contract documentation
  • Bid evaluation
  • Contract negotiations.

We also provide:

Builder’s Bills of Quantities are measured in building trades format, unlike cost estimates which are measured in building elements. The trade format allows our clients to provide sub-contractors and suppliers with a document to assist in defining their works package. This assists our Clients in developing a scope of work that is fully understood and quoted for by competing sub-contractors.

WT Partnership has an in-house team specialising in the production of Bills of Quantities and is acknowledged as an industry leader in providing comprehensive and professionally measured quantities to assist the tenderers in scoping the works thereby assisting in obtaining realistic and comprehensive bids.

WT Partnership is an experienced provider of development monitoring services to banks, institutional investors, trusts and end users.

We are currently appointed to the panel of all the major Australian banks including Commonwealth Bank, ANZ, National Australia Bank and Westpac.

Our service provides clients with ongoing independent professional advice on the construction risks associated with a development project, their likely impacts and the measures available to avoid, mitigate or transfer them.

We provide clients with reassurance through our development monitoring process.

Based on our expertise in facilities management and lifecycle analysis, we have developed a specific understanding of the effective life, reactive maintenance and cyclical replacement requirements of a broad range of buildings in varying locations, scale and use.

Our analysis and recommendations result in an annuitized plan for funding. This service can be performed following conclusion of construction works but also as a desktop assessment to support contract management assessments or broader business case /investment planning

Whether insuring a newly constructed building or an existing property, it is important for clients to ensure that their building’s insurance policy includes an appropriate value for replacement. Typically, policies consider a range of scenarios including damage and partial replacement and also total loss situation.

Our service provides a concise report with detailed cost analysis and recommendations for insurable value.

Considerable savings often can be made on building engineering service design and installations. Our approach is not always about reducing the CAPEX. The OPEX budget is equally important when systems are assessed on a ‘whole of life’ basis.

Our team can:

  • Identify, benchmark, enhancement and abnormal costs
  • Identify and evaluate alternate design solutions
  • Identify whole of life cycle value solutions.

We work within the financial limits of the project to address the need for sustainable design. At any stage we can confirm that both the consultant’s brief and engineers’ specifications and drawings meet the client’s requirements and expectations. We review contractors’ proposals on the same basis and ensure they also meet industry standards and criteria for flexibility and maintenance. At all times, our approach aims to minimise risk for our clients.

Our team has extensive experience in procurement of labour and material packages, individually or collectively, based on years of collaboration with main contractors, mechanical and electrical contractors, and manufacturers.