Commercial Advisory

Commercial advisory is a crucial aspect of construction projects as it directly impacts project's profitability and successful completion.

At CARAS, our approach to commercial advisory is driven by our commitment to maximizing our clients' return on investment. We deliver independent commercial advisory services balancing the requirements of cost, programme, quality, and risk.

CARAS partner with property owners, contractors, consultants, and employers' agents.

Services Provided

Cost Planning/ Estimating

  • Budget Estimates
  • Detailed Estimates
  • Cost Planning
  • Value Engineering/Management
  • Develop Risk Models

Procurement/ Pre-Contract

  • Tender Process
  • Contractor Vetting & Pre-qualification
  • Tender Documentation Preparation
  • Tender Process Management
  • Value Engineering/Management
  • Contract Reviews
  • Tender Recommendation
  • Contract documentation/ Execution

Contract Administration

  • Monthly Reporting
  • Cashflow
  • Monthly Progress Claims assessment
  • Variation claims assessment
  • Extension of time claims assessment
  • Delay Cost claim assessment
  • Disruption claims assessment
  • Final Account (Negotiation & Close Out)