Services
Risk Assessment
Life Cycle / Whole Life Costings
Advice on Contract Procedures
Preparation of Contract Documentation
Cost Control during Construction
Valuation of Work
Initial Cost Advice / Feasibility Studies
Budget Estimating & Cost Planning
Initial Cost Advice / Feasibility Studies
To ensure the best value for money for our clients, we assess the project’s viability against aesthetics, quality, space, and time to establish a budget that aligns with the client’s expectations.
This process is a collaborative effort between the project team, client, and the team at MBP, to deliver maximum results.
Our staff are highly qualified to provide an expert-led process for maximum results.
Cost Planning & Budget Estimating
At the outset of the project, an initial budget is outlined using historical cost data.
The budget is refined by measuring and pricing the key building elements
The budget is then allocated across various building components, setting limits for each element to ensure that costs are controlled.
As the project progresses, we monitor each element to ensure it stays within its designated budgetary limit. Ongoing cost management ensures the overall project remains within the approved budget throughout the design and construction phases.
Engineering Cost Management
Our team applies the latest Value Engineering techniques during the design phase to identify the most cost-effective solutions that align with our clients, design and operational requirements.
We organise and lead Value Engineering workshops to ensure a balance is struck between cost and functionality.
The workshops ensure that all parties adopt an approach that optimises value and performance throughout the project.
Project Risk Assessment
Our team will systematically review risks relevant to the project stages. We conduct a Quantitative Risk Assessment (QRA) to evaluate construction cost overruns, programme delays, legislative changes, and highlight risks that project costs may exceed delivered value.
Where appropriate, additional risks such as market, design, and procurement will also be considered.
The analysis will be carried out using the industry-standard @Risk software, which employs advanced simulation of scenarios. The results provide clear, evidence-based insights to for proactive risk management throughout the project.
Life Cycle & Whole Life Carbon Measurement
Life Cycle (LC) and Whole Life Carbon (WLC) analysis are essential services we provide to support informed decision-making throughout a project’s lifespan.
In line with the new framework and standards introduced by ICMS3 in 2025, we work closely with clients to develop strategies that meet carbon-reduction targets during both the construction and operational phases of the project lifecycle.
We also implement the EU Levels framework to manage carbon performance at key project stages, with a clear focus on target setting and verification.
By assessing these factors, we offer clear insights into the long-term financial implications of design, material, and procurement choices. This helps clients balance initial investment with future operating and renewal costs, ensuring best value and sustainable outcomes across the asset’s entire life cycle.
Sustainable Building Consultancy
We provide specialist advice on the cost and procurement aspects of sustainable building solutions, supporting clients and design teams in achieving recognised environmental standards such as LEED, BREEAM, BER Ratings, and NZEB compliance.
Our role includes:
Advising on material selection and associated costs (e.g., renewable materials, low-emitting finishes, drainage systems, and recyclable products).
Evaluating opportunities for recycling and reuse, including demolition waste, façade and roofing systems, and structural steel.
Assessing the budgetary impact of insulation, window systems, and M&E systems to help achieve targeted BER ratings.
Supporting the integration of renewable energy and energy retrofit solutions in both new-build and upgrade projects.
With our expertise we can ensure that sustainable building practices are implemented in a cost-effective manner, balancing environmental performance with project budgets.
Construction Cost Management
Effective cost control during construction is essential to delivering projects on time and within budget. At MBP, we achieve this through proactive account management and continuous monitoring of progress and variations.
Monthly cost reports are prepared and updated to reflect the projected final account, giving our clients clear and transparent insight into financial performance. Potential cost overruns are identified, with prompt corrective action to achieve the necessary cost reductions to maintain project quality and objectives.
We also provide the following cost management services:
- Advice on contract procedures: Recommending the most appropriate procurement approach for the project’s needs and preparing contract documentation, including conditions and Bills of Quantities.
- Valuation of work: Conducting monthly valuations and preparing cashflow projections.
- Procurement advice: Assessing a full range of procurement options to ensure the best value approach.
- Final account settlement: Negotiating and agreeing the cost of works as each project stage, ensuring variations are promptly assessed and avoiding the build-up of unresolved issues.