Developer

Understanding the risks associated with development projects requires a considerable investment in time and resources and is a pre-requisite to a decision to purchase or fund. We provide a clear and concise independent assessment of project risks including costs, time and quality, plus practical advice on resolving deficiencies.
The service may encompass either or both initial appraisals and ongoing monitoring.

Initial Appraisal:
Our initial appraisal reviews the project and the processes in place. Services may also include analysis, examination, advice and comments.

Monthly Reports:
During construction, we provide a comprehensive reporting service concerning the project progress, by using reviews, updates and overviews. As part of our service, we also recommend on the drawdown of funds against the value of work completed. We also monitor and report on other costs such as professional fees, legal fees, marketing, letting and development costs.

We provide an expert assessment of development project risks and advice on deficiency resolution encompassing initial appraisals, ongoing monitoring, or both for funders, owner-occupiers, developers, and tenants.

Initial Appraisal With specific services covering:

  Pikes Chartered Quantity Surveyor  Analysis of risks and proposals for their management.
  Pikes Chartered Quantity Surveyor  Advice on project design and construction proposals.
  Pikes Chartered Quantity Surveyor  Review of the life cycle maintenance plan, procurement strategy, and third party appointments.
  Pikes Chartered Quantity Surveyor  Comment on site constraints e.g. geo-technical, environmental and infrastructure issues.
  Pikes Chartered Quantity Surveyor  Review of proposals, including specifications and development control procedures.
  Pikes Chartered Quantity Surveyor  Advice on Planning and Building Regulations, warranties and insurances.

Ongoing Monitoring With monthly progress reports, covering:

  Pikes Chartered Quantity Surveyor  Review of expenditure, projected costs and cash flows.
  Pikes Chartered Quantity Surveyor  Reviewing progress against plan, and reporting on possible delays.
  Pikes Chartered Quantity Surveyor  Updates on Planning and Statutory Consents.
  Pikes Chartered Quantity Surveyor  Monitoring performance of developers, consultants and contractors.
  Pikes Chartered Quantity Surveyor  Assessing any proposed additional costs and their likely value and impact.
  Pikes Chartered Quantity Surveyor  Assessing likelihood of delays, proposals to eradicate or mitigate them, and costs arising.
  Pikes Chartered Quantity Surveyor  Advising on the draw down of funds for work completed, on third party fees, and marketing, letting and       development costs.

Pikes Surveyors also supply detailed project monitoring, concerning looking after the interests of major property funders, often involving significant sums of money. It is therefore a service that should only be undertaken by suitably qualified and experienced construction professionals, such as Pikes Limited.

Depending on the agreed Schedule of Services, the report will include some or all of the following sections.

  Pikes Chartered Quantity Surveyor  Executive Summary
  Pikes Chartered Quantity Surveyor  Introduction
  Pikes Chartered Quantity Surveyor  Key data sheet
  Pikes Chartered Quantity Surveyor  Project Brief Site Investigations
  Pikes Chartered Quantity Surveyor  Planning & Construction Permissions
  Pikes Chartered Quantity Surveyor  Project Team Design Management Programme
  Pikes Chartered Quantity Surveyor  Budget & Cash Flow
  Pikes Chartered Quantity Surveyor  Procurement Strategy
  Pikes Chartered Quantity Surveyor  Quality Management
  Pikes Chartered Quantity Surveyor  Health & Safety
  Pikes Chartered Quantity Surveyor  Appendices

Pikes Limited monitors and reports to the lenders on the progress and performance against the project budget during construction. Pikes Limited also checks and certifies the construction progress payments and checks that funds drawn from the lenders are correctly paid for by the developers.