Construction Cost Management in Saudi Arabia

Cost Management

A project’s budget is set once, but it is tested every day. Our cost management keeps it under control from the first estimate to the final account, so you know at every stage what your project will cost and why.

Cost overruns rarely come from one big mistake. They build up from unclear quantities, unchecked variations, generous payment claims and decisions taken without knowing their price. We sit on your side of the table and close each of those gaps. NAI Saudi Arabia, part of NAI Global, brings the discipline of a cost manager to your project, together with the practical knowledge of a team that also runs buildings once they are complete.

01

A budget you can rely on

We start with a cost plan built from your brief: what you want to build, to what standard, and when. As the designs develop, we review the cost at each stage and compare it with the budget, so that choices are made while they are still cheap to change. Where costs drift, we show you where and propose options, including value-engineering proposals assessed for their effect on quality and running costs, not only on the price today.

02

Quantities and prices checked before you commit

Before tender, we review the bill of quantities (BOQ) for completeness and accuracy, so that contractors price the same scope and nothing important is left out. After tender, we check rates and quantities against the market and the drawings, so the contract sum you sign is one you understand.

03

Variations under control

Change is part of every project. Uncontrolled change is what breaks budgets. Every variation is assessed before it is approved: is it needed, what does it cost, what does it do to the programme, and is the price fair? You decide with full information, and every approved change is recorded against the budget.

04

Payment certification that pays for work done

Each period, we check the contractor’s payment application against the work actually completed on site, the agreed rates and the contract terms, before recommending it for your approval. You pay for what has been delivered: no more, and no earlier.

05

Forecasts and the final account

You receive regular cost reports showing the approved budget, committed costs, approved and pending variations, and the forecast final cost, together with a cash-flow forecast so you can plan your funding. At the end of the project, we agree the final account with the contractor and close it properly.

What’s included

How it works

1. We build a cost plan from your brief and agree the budget with you.
2. We check costs at each design stage and recommend options where they drift.
3. We review the BOQ before tender and the tendered prices before award.
4. During construction, we assess every variation and certify each payment against the work done.
5. We report cost, commitments, forecasts and cash flow throughout the project.
6. We agree and close the final account.

What you see as the owner

• The budget, committed costs and forecast final cost, kept up to date on our platform.
• Every variation, with its cost, its reason and its approval status.
• Each payment certificate, with the work it covers.
• A cash-flow forecast to plan your funding.
• Decisions that need you, each with our recommendation.

Frequently asked questions

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