Bespoke cost advice in viability, commerciality and profitability of development projects.
We are recognised for our expertise in this field working with private clients from the world of business, finance, sport and media, family offices, developers, trusts and asset managers.
We have the construction experience of strategic cost planning and knowledge of procuring construction services required to mitigate risk and maximise our Client’s return on their investment.
Our core principals are honesty and transparency, this coupled with an in-depth knowledge of construction and the built environment have resulted in the business delivering an exceptional tailored service to clients.
From the outset our team will work closely with the Client and their team to understand the brief, the drivers behind it and use our experience and expertise from similar projects to help better define the scope and therefore the project baseline.
Exceeding expectations is core to what we do, our aim is to go beyond the brief to add extra value to every project. The Adair approach is to always have an open and honest relationship with a client as we believe this is a key factor to project success.
With our detailed knowledge of construction costs and the supply chain, we can confirm and communicate the costs and create real certainty very early on from our involvement, enabling informed decisions about budget and positively influence the design to protect the budget.
Our core service is construction cost management, from initial feasibility through to project delivery. We will provide a fully comprehensive cost plan aligned with the scope, highlighting the key cost elements to understand how they affect the budget of the overall scheme, particularly drawing on our cost knowledge from our extensive in-house database and experience from complex schemes.
We will use our expertise to optimise the cost and value of the solution, pinpointing solutions and directing designers to areas identified as needing the most improvement. This will help to focus money on the areas that give greatest benefit maximising output.
We understand that detailed design and procurement are the most intensive phases of any project. We therefore take a proactive and diligent approach to safeguard the cost targets that we have established.
We act on behalf of Clients as the Employer’s Agent (EA) representing the Client, providing impartial advice throughout the entire project delivery stage and ensuring the design and construction works are undertaken to a high level. We will keep track of project costs against the agreed budget and hold the contractor to account regarding programme and delivery of the scheme.
As Contract Administrators we are appointed to administer the terms of the building contract between clients and their contractors. We monitor and act to ensure compliance with the contractual obligations between both parties.
We explore ‘what if’ scenarios through cost benchmarking data together with our cost modelling expertise. This allows for an independent assessment of the viability and value of the clients project and enables us to identify cost-effective solutions.
The key to controlling costs for any project is developing a robust elemental cost plan developed collaboratively through the involvement of the entire project team. A detailed agreed cost plan supports cost-checking during the design development process, alternative cost analyses, value engineering and risk management. We can develop a cost plan that delivers these benefits for our Clients.
Our expert approach to cost benchmarking and our independent advice ensures we can deliver better outcomes for a Client’s project and portfolio. We will equip with the information needed to make the right decisions at each stage throughout the project life cycle. Accurate and vigorous benchmarking solutions will improve the accuracy of cost predictions.
Selecting the correct procurement strategy for your project is key to its commercial success. Based on your objectives in relation to cost certainty, quality of design, workmanship and programme, our experts will develop your procurement strategy and execute it, engaging with the supply chain and your stakeholders to deliver successful outcomes.
To maximise a Client’s return, we determine and carefully manage costs across the whole lifecycle at an early stage. Using a life cycle costing methodology, we focus on the Client’s financial requirements, tying long-term occupancy and development costs to design decisions to minimise costs over time.
Having the right insurance cover is essential, whether it is for a single property or a large portfolio. Our goal is to protect the Client from the risk of under-insurance and financial loss and save money by reducing premiums if they are based on inaccurate building insurance values.
Our RCAs service enables all property owners to better protect their property assets by providing expert cost assessments using industry recognised, full, transparent and accurate evaluations of rebuilding costs. RCAs are required by most insurance underwriters and are highly technical but we can deliver for the Client quickly and efficiently.
We carry out a detailed inspection of the property and prepare an accurate cost for rebuilding whatever the size, extent or location. We use multiple sources of published data and in-house construction knowledge in our assessments.
From the outset, Adair were very professional and totally committed to delivering the project to the highest specification possible. They are able to steer complex projects to a successful conclusion by engaging the right skills, process and attitude. A level of trust and collaboration also played an important part in the successful delivery of this project.
Mark, Joanna, and the team at Adair provided first class support for our ambitious Rehabilitation and Medical Centre project at Brockham Big Field, Betchworth. Responsive and efficient, yet providing practical solutions, and in tight time scales. An excellent professional job.