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Supplemental Support and Site Secondment
This is a solution whereby the CAF-CORPORATION cost estimator would travel onsite and join the owner’s project estimating team at their office and the goal would be to represent the owner’s interest by conducting any of the above activities for an extended period of time. In other cases, the CAF-CORPORATION cost estimator is hired out by the EPC and is temporarily assigned to the EPC’s office full time to supplement the staff during peak workload periods as needed.
Cost Claim Reviews
Cost Claim Reviews or Change Order (Notice) Request Evaluations are services provided to owner-operators, joint venture partners, or financial investor stakeholders. The primary objective is to provide due diligence and represent the owner’s interest when evaluating EPC prices during contractor selection and construction execution. Also, if it’s requested, we would support the owner’s project team to assess all the quotations received during the invitation to bid (ITB) process or while construction is ongoing.
Cost Risk Analysis Reports
Risk Analysis is a service whereby CAF-CORPORATION will lead a formal risk meeting of the project estimate in order to agree on proposed risk ranges and set the project contingency for the estimate. The objective would be to determine the estimate risks by identifying parameters (ranges) based on the likelihood of some occurrence that would impact the costs in key estimate categories. From that, CAF-CORPORATION would perform a Monte Carlo risk analysis and work with the owner to set a reasonable contingency value for the estimate using the organization’s probability of overrun / underrun point. in preparing the estimate.
Value Engineering Cost Assessment
Value engineering is a systematic, organized approach to providing necessary functions in a project at the lowest cost. Value engineering promotes the substitution of materials and methods with less expensive alternatives, without sacrificing functionality. It is focused solely on the functions of various components and materials, rather than their physical attributes. Value engineering is also called value analysis.
Benefits With Our Service
They are highly trained for quickly response and provide great service to our customers. Experts are give profitability and success of our business growth & marketing.