Managing budgets and controlling costs are critical aspects of any educational project. Our specialised cost planning services are designed to help schools, academies and multi-academy trusts make informed financial decisions while delivering high-quality outcomes.

Please call 0808 253 9290 or complete our get in touch form to arrange your free consultation. We will take time to understand your needs and provide bespoke solutions that meet your requirements.

What Is a Cost Plan and Why Are They Important?

A cost plan is a document that breaks down the various elements of a construction project and provides estimated costs for each. This service is typically used during a development’s feasibility, design and concept, and pre-construction stages.

Cost planning in construction is important for these reasons:

• Budgeting – Stakeholders will receive details of the estimated price, helping them understand the proposal’s financial requirements
• Cost control – These figures can be used for tracking actual expenditures to ensure the project stays within budget
• Risk management – Identifying potential cost risks early on can mitigate overruns and financial uncertainty
• Informed decision-making – Understanding the price implications of the proposal helps investors decide if the venture is worthwhile

Our Approach to Cost Planning

Understanding the unique financial constraints of educational institutions, our team of experienced RICS-certified Surveyors provides comprehensive cost planning solutions tailored to your project’s scope and objectives. From the initial budget estimation to monitoring expenses during construction, we ensure transparency and cost-effectiveness.

“Effective cost planning in the education sector ensures schools and universities are built on budget without compromising quality. By managing costs from concept to completion, we help institutions maximise resources to deliver sustainable and future-proof learning environments.”

Ian Harrington, Regional Managing Partner (North)

Comprehensive Cost Planning Services

• Budget estimation and cost advice
• Procurement strategy development
• Cost monitoring and control
• Value engineering to maximise resources
• Financial risk assessment and mitigation
• Post-construction cost reviews

How Do Our Consultants Create Cost Plans?

After you have called 0808 253 9290 to arrange your free consultation, you can typically expect our experts to follow this cost planning process:

1. Understand your needs, define the project scope and gather property details
2. Use historical data and current market conditions to estimate the total cost of the proposal
3. Breakdown costs into preliminaries, design and engineering, materials and labour, logistics and overheads
4. Conduct a risk assessment and work out a contingency allowance to cover unexpected expenses
5. Finalise the cost plan
6. Ongoing cost monitoring and control to keep the development within budget

Why Choose Our Construction Budgeting Services?

With a proven track record of successfully managing costs for educational projects, we offer valuable insights and expertise to help you achieve your goals within your budget. Our team’s dedication to cost control and value engineering ensures that your investments result in long-term benefits for your institution.

Contact Us for Expert Cost Planning

Whether you are planning a construction project, refurbishment or any other initiative for your educational facility, our cost budgeting services can provide the financial clarity you need.

Use the buttons below to learn more about us, find your nearest office or speak to a cost planning consultant now. Alternatively, complete the get in touch form to start the process now.