At GreyfriarsCost Management,we provide professional post-contract cost management services to maintain financial control throughout the construction phase of a project. Once a contract is in place, effective cost management is essential to managing change, mitigating risk, and ensuring the final account reflects fair and accurate value.
Our role is to protect our clients’ commercial position by providing clear financial oversight, proactive cost control, and transparent reporting from commencement through to final account agreement.
The post-contract phase is where many cost risks materialise. Variations, provisional sums, programme changes, and potential claims all require careful management to avoid cost escalation. Greyfriars Cost Management works closely with the project team to monitor financial performance and manage change in a controlled and auditable manner.
We ensure all cost movements are properly assessed, recorded, and reported, enabling clients to maintain a clear understanding of their financial position throughout construction.
Our Approach to Post-Contract Cost Management
Greyfriars Cost Management adopts a structured and proactive approach to post-contract cost control, aligned with contractual requirements and best practice.
Our services include:
- Managing change control procedures
- Valuation and agreement of variations
- Monitoring provisional sums and cost risks
- Assessment of contractor applications for payment
- Identification and review of potential claims
- Final account negotiation and agreement
By maintaining accurate records and robust processes, we help minimise disputes and support efficient project delivery.
Clear and Regular Cost Reporting
Transparent reporting is central to effective post-contract cost management. Greyfriars Cost Management issues regular cost reports that provide a clear snapshot of the project’s financial position.
Our cost reports typically include:
- Estimated final account
- Approved and pending variations
- Cost risks and allowances
- Commentary on emerging issues
This enables clients to make informed decisions and manage financial exposure proactively.
Supporting Projects Across All Sectors
Our post-contract cost management services are delivered across:
- Public sector projects
- Private commercial developments
- Residential and housing-led schemes
This breadth of experience ensures we understand sector-specific risks, procurement arrangements, and contractual environments.
A Selection of Our Projects
We provide expert cost management services across all sectors in the built environment, delivering tailored solutions for our clients.
All Projects
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Our Other Services
We provide expert project and cost management delivery across the built environment, delivering tailored solutions for our clients.
