Our Cost & Commercial Management Services

Accurate cost planning is critical to a project’s success. We offer independent, impartial, comprehensive tailored Cost and Commercial management services with a level of client care.

At North 51 we aim to get it right first time by providing reliable estimates based on our experience of businesses and local markets. Our strong local knowledge coupled with an overarching holistic perspective to procurement, delivery, market conditions helps keep our services sharp, accurate and reliable.

Our approach to Cost and Commercial Management is driven by a real commitment to maximising value for money and returns on the investment for our Clients.

We provide outcome with confidence from day one, helping establish project viability with a clear, robust commercial baseline. Whilst optimising commercial performance throughout the project lifecycle by applying our proven methodologies, cost data and market intelligence; we help our Clients secure best-buy in the market.

North 51 offers Commercial Management Services at all stages of a project, from inception, feasibility and conceptual design stages through to detailed design, construction and handover.

Using the latest hardware and software Project and Cost Management tools available in the industry, we strive to deliver a continually improving service for our clients.

Our Commercial and Cost Managers are integral to the design process, engaging with design teams and supply chains to challenge and inform design choices, and drive efficiency at every stage. This allows us to add value, minimise risk and deliver commercial certainty to clients. Our cost plans are market tested and benchmarked to improve predictability within industrywide percentage variances critical to project viability and returns on assessment.

Our Cost & Commercial Management services include:

  Cost modelling
  Strategic cost planning and estimating
  Procurement advice
  Project Cost & Commercial management
  Engineering services Cost Management
  Value engineering and Option studies
  Tendering and Procurement
  Change management
  Variation and Change Quantification
  Final Account Settlement

Cost Management

  Value Engineering
  Cost Planning
  Management of Client Direct Orders

Variations & Change Control

  Claims Management
  Change Control
  Final Account Settlement

Tendering & Procurement

  Contract Negotiation and Execution
  Cost Plans and Estimates
  Feasibility Budget Review & Estimation.
  Contractor Selection and Appointment