Mission Statement

Firm Capability Statement

Costrak has seasoned cost managers who are capable of providing and managing construction cost services in most sectors of the construction industry including Residential, Hotel, Commercial, Cultural, Institutional, Healthcare, and Infrastructure facilities for prospective building owners, architects, government agencies, lenders, and developers. We provide a full range of cost management services for the project life span, which start from advising on the feasibility of a project at the early concept stages, to settling the final contractor payment at completion of the project. During the design stage we provide cost planning services to maintain an alignment between project requirements, the design and funding availability. We do this on behalf of the owner or the design team. We understand the connection between schedule, quality, program and cost, and use that to provide our clients with practical, thorough advice that leads to the best possible cost outcomes.
 
Our key cost services include:
  • Feasibility studies
  • Project budgets
  • Cost estimates
  • Cost management and control
  • Value engineering
  • Cash flow studies
  • Life-cycle cost analysis
  • Bid analysis
  • Progress payment approval
  • Change order reviews
  • Claims and final account settlements