Project evaluation & due diligence

Project evaluation and 'due diligence' by a Chartered Quantity Surveyor ensures building projects comply with relevant procedures.

Each technical audit has its own individual scope and purpose.

Generally technical audit are required to evaluate particular work stages or a number of stages prior to moving on to the next; for example, checking that the pre-tender contractor selection and the tender invitation process followed EU or company requirements, such as on advertising and selection of suitable contractors prior to awarding the contract to a particular firm. This 'due diligence particularly applies to public sector projects but is also applicable in some corporate, charitable and trust situations.

Depending on the project stage the evaluation will include a review of the stated requirements for that particular stage, check the documentation, check the reporting, check the detail drawings against the original design or feasibility study, compare the budget forecast to the tender, check the contractors means and methods, check the construction against the specification or lab testing.

The audit may be confined to the tendering process or tender documentation; or it could be an audit of the final contract sum, or the project as a whole. In the latter case this is usually to learn how systems can be improved for projects of a similar nature. Such audits are often required to satisfy internal accountancy procedures or they can arise from queries on contractor’s accounts.

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Featured Projects

  • Employers Agent

    Windsor – eleven superior apartments

    Our client acquired this site with the benefit of planning consent and a contractor who had started preliminary works. We suggested negotiating with the contractor on the basis of a design and build contract.
  • Employers Agent

    Kingsclere – Tyre Depot

    Our client owned and operated their business from this site, part of which was sold for residential development. To free up the residential site the redevelopment scheme including building a new depot in a corner of the site. We suggested tendering on the basis of a design and build contract.
  • Employers Agent

    Amesbury – School Extension

    Our client for this project was a consortium consisting of a major house builder and local authority. The house builder agreed to finance an eight classroom extension to a local school as part of a ‘planning gain’ agreement. Planning consent had already been obtained so we suggested tendering on the basis of a design and build contract.
  • Employers Agent

    Wantage – Mixed Use Development

    Our client for this project owns the nearby shopping precinct and had looked at various options to develop the vacant site. Financial viability and local authority pressure eventually culminated in planning consent for a mixed use, shop, office and residential scheme.
  • Employers Agent

    Slough – nine house residential development

    Our client acquired this site with the benefit of planning consent and wanted to build out the scheme as quickly as possible. We suggested tendering on the basis of a design and build contract.