Current challenges related to development, construction, and the investment landscape in Kenya include:
Developing a feasible and economical approach for project development and investment, while ensuring the design adheres to budget constraints and material costs
Selecting materials that align with financial limitations and meet quality standards.
Opting for an appropriate procurement strategy that enhances cost efficiency and optimization.
Engaging suitable contractors for the project and establishing appropriate contractual agreements.
Managing and monitoring expenses throughout the project execution to prevent budget overruns.
Documenting completed work for timely payments to contractors and finalizing accounts upon project completion.
Inadequate project financial documentations for statutory tax accounting and financing
Solution
Cost Consultancy and Quantity Surveying
Preliminary financial guidance and budget estimation for the initial phase of the project to facilitate investment decision-making.
Cost-benefit analysis and comparative costing during the project's early stages to ensure economically viable designs.
Provide guidance on contemporary project procurement strategies that ensure cost efficiency and optimization within a project, along with advisory services for the Tendering process and the preparation of tender documentation.
Guidance on the contractual relationship between the Client and the Contractors involved in a project.
Recommendations for essential insurance policies and guarantees pertaining to a construction project, aimed at risk management.
Cost Engineering in construction for optimizing budgets and reducing expenses.
Monitoring project expenses and conducting regular cost assessments during the construction phase.
Preparation of bills of quantities and general documentation for building loans for banks and other financial institution
Quarterly/Regular financial appraisal of the project to ensure that the Client remains updated on true financial status.
Preparation and signing off of project final account for clients and statutory bodies accounting.
