Feasibility Estimates
Viability
Clearer costs. Fewer surprises.
Clearer costs.
Fewer surprises.
Early cost budgets from Concept Drawings or sketches. We benchmark rates from similar builds, assemble an elemental estimate that includes allowances and any risks so you know if the project stacks up before committing to further Documentation or the Consent process.
We measure directly from your drawings to return a tidy, intuitive estimate with covering letter that includes any significant notes and assumptions picked up along the way.
Email your plans and we’ll confirm a fixed fee and turnaround timeframes today.
Early cost budgets from Concept Drawings or sketches. We benchmark rates from similar builds, assemble an elemental estimate that includes allowances and any risks so you know if the project stacks up before committing to further Documentation or the Consent process.
We measure directly from your drawings to return a tidy, intuitive estimate with covering letter that includes any significant notes and assumptions picked up along the way.
Email your plans and we’ll confirm a fixed fee and turnaround timeframes today.
You can take it to the bank.
Literally.
Concept Drawings
Drawings
Provide your Concept Drawings with any other requirements or relevant information that may have an impact on project cost.
Provide Concept Drawings & any other relevant information that may impact on project cost.
CostX Measure
Measure
Drawings are loaded into CostX so the take-off can commence. Quantities are then manually measured and rates applied.
PDF Estimate
Estimate
We provide you with the Elemental Estimate which shows the GFA (Gross Floor Area m2), plus a breakdown of costs within each element.
You also get the Elemental Estimate with the GFA (Gross Floor Area m2) plus a summary of costs for each element.
Cover Letter
Letter
Included is a summary covering letter with clarifications. We also suggest likely build timeframes and depending on when you wish to commence building, an allowance for cost escalation.
Included is a cover letter with clarifications. We suggest likely build times and depending on when you may commence building, an allowance for cost escalation.
Decision Time
Decision
Can you proceed, or is it back to the drawing board? Our estimate can also serve as a tool to assist the re-design process if the Architects Design currently exceeds your budget.
Can you proceed, or is it back to the drawing board? Our estimate can also serve as a tool to assist the re-design process if the Architects Design currently exceeds your budget.
"It's always the first number that's remembered."
"It's always the first number that's remembered."
"It's always the first number that's remembered."
| Construction Consultants |
FAQ
How accurate are feasibility estimates? I notice all those numbers are round....
So long as the scope doesn't drastically change, neither should the initial budget. The Royal Institution of Chartered Surveyors (RICS), defines an 'order of cost' estimate (Feasibility Estimate) as: ‘An estimate based on benchmark data for a similar type of project based on a defined brief.’
What's a Design Contingency? It's a big number - can you take that out?
No. A Design Contingency is an allowance that absorbs the additional details that are released throughout the documentation lifecycle (See Cost Planning Services for Design Stages). This allowance may also cover any co-ordination gaps between disciplines or minor scope changes as a result of the Consenting/Approvals process. It is not to be used for Client changes, Contractor methodologies or any exclusions noted in our covering letter - such as unforseen ground conditions like rock, dewatering and similar. As the documentation progresses, the Design Contingency is wound back through each stage due to the added clarity the now apparent details provide.
But this is just an estimate, not an actual quote or tender - can i actually take it to the Bank?
If you haven't already made contact with a Financier to determine your borrowing capacity, the Feasibility Estimate can serve as an aid to suggest to the Bank how much you wish to borrow, and when. It's best to get the ball rolling with Finance as soon as possible, prior to committing more time and money into further documentation.
How much and what's the turnaround time?
Single standalone resiential house feasibility estimates start from $900+GST. Typical turnaround is within 3-5 working days.
How accurate are feasibility estimates? I notice all those numbers are round....
So long as the scope doesn't drastically change, neither should the initial budget. The Royal Institution of Chartered Surveyors (RICS), defines an 'order of cost' estimate (Feasibility Estimate) as: ‘An estimate based on benchmark data for a similar type of project based on a defined brief.’
What's a Design Contingency? It's a big number - can you take that out?
No. A Design Contingency is an allowance that absorbs the additional details that are released throughout the documentation lifecycle (See Cost Planning Services for Design Stages). This allowance may also cover any co-ordination gaps between disciplines or minor scope changes as a result of the Consenting/Approvals process. It is not to be used for Client changes, Contractor methodologies or any exclusions noted in our covering letter - such as unforseen ground conditions like rock, dewatering and similar. As the documentation progresses, the Design Contingency is wound back through each stage due to the added clarity the now apparent details provide.
But this is just an estimate, not an actual quote or tender - can i actually take it to the Bank?
If you haven't already made contact with a Financier to determine your borrowing capacity, the Feasibility Estimate can serve as an aid to suggest to the Bank how much you wish to borrow, and when. It's best to get the ball rolling with Finance as soon as possible, prior to committing more time and money into further documentation.
How much and what's the turnaround time?
Single standalone resiential house feasibility estimates start from $900+GST. Typical turnaround is within 3-5 working days.
How accurate are feasibility estimates?
So long as the scope doesn't drastically change, neither should the initial budget. The Royal Institution of Chartered Surveyors (RICS), defines an 'order of cost' estimate (Feasibility Estimate) as: ‘An estimate based on benchmark data for a similar type of project based on a defined brief.’
Design Contingency? Can you take it out?
No. A Design Contingency is an allowance that absorbs the additional details that are released throughout the documentation lifecycle (See Cost Planning Services for Design Stages). This allowance may also cover any co-ordination gaps between disciplines or minor scope changes as a result of the Consenting/Approvals process. It is not to be used for Client changes, Contractor methodologies or any exclusions noted in our covering letter - such as unforseen ground conditions like rock, dewatering and similar. As the documentation progresses, the Design Contingency is wound back through each stage due to the added clarity the now apparent details provide.
Can i actually take it to the Bank?
If you haven't already made contact with a Finacier to determine your borrowing capacity, the Feasibility Estimate can serve as a tool to inform the Bank of how much you wish to borrow, and when. It's best to get the ball rolling with Finance as soon as possible, prior to commiting more time and money into further documentation.
How much and what's the turnaround time?
Single standalone resiential house feasibility estimates start from $900+GST. Typical turnaround is within 3-5 working days.
How accurate are feasibility estimates?
So long as the scope doesn't drastically change, neither should the initial budget. The Royal Institution of Chartered Surveyors (RICS), defines an 'order of cost' estimate (Feasibility Estimate) as: ‘An estimate based on benchmark data for a similar type of project based on a defined brief.’
Design Contingency? Can you take it out?
No. A Design Contingency is an allowance that absorbs the additional details that are released throughout the documentation lifecycle (See Cost Planning Services for Design Stages). This allowance may also cover any co-ordination gaps between disciplines or minor scope changes as a result of the Consenting/Approvals process. It is not to be used for Client changes, Contractor methodologies or any exclusions noted in our covering letter - such as unforseen ground conditions like rock, dewatering and similar. As the documentation progresses, the Design Contingency is wound back through each stage due to the added clarity the now apparent details provide.
Can i actually take it to the Bank?
If you haven't already made contact with a Finacier to determine your borrowing capacity, the Feasibility Estimate can serve as a tool to inform the Bank of how much you wish to borrow, and when. It's best to get the ball rolling with Finance as soon as possible, prior to commiting more time and money into further documentation.
How much and what's the turnaround time?
Single standalone resiential house feasibility estimates start from $900+GST. Typical turnaround is within 3-5 working days.