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Cost Consultancy

This service is delivered by our experienced team based in the London, Manchester and Bristol offices and typically starts with strategic cost advice to clients considering development opportunities, tendering contract and valuation, to final account. Our team expect to work closely with our clients throughout their projects in both private and public sectors. We also specialise in building reinstatement valuations, expert witness referrals and construction claims.

Environmental audits

Environmental due diligence has become an essential tool in assessing the environmental risks and liabilities associated with property development and the due diligence transaction process. This dedicated service, required as part of the vendor, acquisition, divestiture and redevelopment process, provides commercially aware reports, in line with current environmental legislation and tailored specifically to the needs of the client.

Wellgate Shopping Centre
Client: Confidential
Office: Edinburgh
Cost: N/A

Project and development monitoring

Watts’ project and development monitoring advice has proven to be an essential support to funders in managing this environment, where the selections of contractors and the expectations of prospective occupiers are key. 

The service:

  • Agreeing the brief
  • Appraising the proposed costs of the scheme
  • Understanding the client's financial commitment to the scheme
  • Understanding the development and funding agreement
  • Appraising the designs and specifications
  • Commenting on the selection of the developer's consultants, contractors and sub-contractors
  • Advising on the proposed method of procurement
  • Ensuring all statutory requirements will be met
  • Monitoring programme and cost during the construction phase
  • Monitoring the quality of the works
  • Confirming to the client that practical completion has been achieved
  • Confirming to the client that making good defects has been achieved

Rolls Building
Client: Westdeutsche Immobilienbank
Office: London
Cost: £95 million

1 St Paul's Place
Client: Standard Life Investments Limited
Office: Leeds
Cost: £19 million

Contact your local Watts office