Cost Advisory

Deep Understanding of Construction Costs

CBRE’s unique advantage due to our size, exposure and relationships enable our team to stay up-to-date on the construction costs in all marketplaces.

We possess one of the world’s largest cost databases in commercial real estate, giving us a deep understanding of construction costs and the many factors that affect it.

Based on live bids and estimates provided to owners for projects in which we have been engaged to provide detailed cost consultant and/or project management support, the data includes up-to-date costing information from architectural, structural, MEP services, as well as GCs/GRs information.

Services

Cost Consultancy

We enhance accuracy and transparency of client spend through risk mitigation, cost avoidance, cost savings and cost efficiency maximization. Our solutions-oriented experts bring greater rigour, governance, cost control and decision-making capability to our clients. Our in-depth knowledge and database of cost information allows us to provide accurate benchmarking and cost input throughout the lifecycle of a project.

The comprehensive cost consultancy services we are able to provide include the following:

• Feasibility Studies to assist in financial decision making
• Development Pro-Formas
• Design Stage Cost Control (Class D, C, B, & A Estimates)
• Estimate Comparisons
• Value Engineering
• Change Order Review and Management
• Life Cycle Costing
• Cash Flows
• Constructability Reviews
• Peer Reviews (budgets, contracts, tender documents, etc.)
• Procurement Advice
• Contract Administration
• Building Condition Assessments
• Bid Evaluations and Recommendations
• Project Monitoring during Construction
• Risk Assessment
• Diverse Specialized Cost Analysis (e.g. cost sharing)