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What We Do

Construction Cost Management

Feasibilities

  • Development options and appraisals from the concept stage

 

Cost Planning

  • Setting a cost framework and managing costs through the design process

 

Estimating

  • Detailed estimating of all components of buildings

 

Cash-flow forecasts

  • Analysis of development cash-flow implications and funding requirements

 

Project finance

  • Assistance with project finance requirements

 

Cost administration during construction

  • Assessment of variations, progress payments, financial reporting

 

Cost management services are fundamental to the successful delivery of projects on time and on budget, with reduced financial risk. Early involvement of a Quantity Surveyor in the development process provides cost control and monitoring to achieve optimum financial outcomes.

Due Diligence Reporting (Project Risk Management)

Ashton Associates is a QS panel member for Bankwest, CBA, NAB and ANZ. Ashton Associates specialises in providing independent due diligence reports to property owners and financial institutions. Our experience and professional integrity enables us to provide clients with an independent checking process that reviews and assesses the costs and risks associated with a development.

Pre-construction Report on Proposed Developments

  • Project details (details, design consultants, quality of documentation)

  • Authority approvals and conditions

  • Development and construction budgets (incl. verification of construction cost)

  • Tender process

  • Building contract details and insurances

  • Program and cash-flow

 

Report on Construction Progress

  • Assessment of total cost of work completed

  • Assessment of final cost

  • Assessment of cost to complete

  • Progress monitoring including cash flow comparisons

Measurement Services

Ashton Associates is experienced in the measurement of trade quantities for both building and engineering projects.

Construction Contract Management

  • Contract Preparation

  • Tender Documents and Tender Appraisals

  • Contract Administration

 

As Quantity Surveyors, we are trained to be systematic, thorough and accurate which, when combined with Ashton Associates’ knowledge and experience with building contracts, makes us the ideal partner to assist with the management of construction contracts.

Project Management

Our skills and experience within project teams provides us with an established basis to assist clients to effectively manage development projects.

 

We listen to our clients and through our understanding of their requirements and our management skills (including proficiency in financial and contractual matters), we are focused on producing the best possible outcome.

Tax Depreciation Reports

  • Construction Costs for Tax Depreciation

  • Tax Depreciation Schedule for Buildings (ATO registered)

  • Tax Depreciation Estimates

 

A Tax depreciation schedule calculates your entitlement to depreciation deductions for investment properties. Ashton Associates is registered with the ATO to prepare tax depreciation schedules for buildings.

 

Our understanding of tax depreciation rules and our ability to apportion costs to the various building components enables us to accurately prepare ‘plant & equipment’ and ‘capital works’ schedules. This is especially important on more complicated strata developments with extensive common area costs.

Dispute Resolution

  • Assessment of cost of work completed

  • Assessment of cost to complete remedial work

 

Ashton Associates provide an independent service where there is a dispute between the parties. This may be preparing an assessment of construction cost of work complete or remedial work. We can take part in negotiations and mediation.

Asset Management

  • Asset register

  • Assess cost of remedial work

  • Assess cost of maintenance work

  • Sinking fund budgets (capital works)

  • Replacement Cost Estimates for Insurance

 

Ashton Associates assist property owners and property managers to maintain good financial control of built assets by providing asset registers, remedial work costs, sinking fund budgets, and replacement costs for insurance.

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