Clients often engage TTS's Quantity Surveying and Cost Management services at the inception stage of development to assist with feasibility analysis. We provide comprehensive feasibility studies that formulate a holistic view of potential costs, enabling informed decision-making before significant commitments are made.
While construction costs can be projected based on preliminary designs and specifications, our feasibility studies also incorporate allowances for items that might otherwise be unforeseen. These include utilities connections, authority contribution charges, material price fluctuations, infrastructure improvement requirements, professional fees, financing costs, contingencies, and escalation provisions.
Our feasibility studies provide clients with comprehensive financial analysis including capital cost estimates, cash flow projections, sensitivity analysis, and risk assessment. This enables clients to construct solid business cases with confidence in the financial parameters and understand the potential return on investment before proceeding with development.
Drawing on our extensive database of historical project costs and current market rates, TTS delivers feasibility cost estimates with a high degree of accuracy, even when working with limited design information. Our experience across multiple sectors and project types enables us to provide relevant benchmarking data and identify cost drivers specific to each development opportunity.
