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FIRM CAPABILITY STATEMENT

We provide construction cost management services to lenders, developers, architects, engineers, and construction management firms.

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