Under the Cost Plus model, the project is executed based on the actual cost of approved works, materials, and expenses, plus a pre-agreed supervision and management fee. This approach provides visibility into project costs and flexibility in material selection and approved changes, supported by expense tracking and documentation throughout execution.
Under this model, a fixed supervision and project-management fee is agreed upon in advance instead of calculating the fee as a percentage of the actual project cost. The fee is determined according to the project scope, nature of the work, and required level of supervision. Included services and payment terms are defined in the agreement before execution begins.
This model is based on a detailed Bill of Quantities (BOQ) specifying the work items, quantities, specifications, and agreed prices before execution begins. Once the scope and BOQ are approved, the project proceeds according to the agreed terms. Changes to the scope or specifications are reviewed and agreed upon by both parties.
We are developing flexible contracting packages designed to suit different project requirements, with scope of work, finishing levels, and services tailored to each client. Package details, inclusions, and pricing will be announced when they are ready.
How we work
From the first consultation to final handover.
We start by understanding the client's needs, the nature of the project, the area, the level of finishing required and the expected budget.
The team inspects the site, takes measurements and studies the current condition of the unit to define execution requirements precisely.
The design and drawings are reviewed technically and confirmed as ready for execution and as the reference for finishing works.
Project requirements are reviewed with the client, and the design must be approved before execution begins.
After the design is approved, the technical and financial proposal is prepared, covering the scope of work, materials, cost and expected timeline.
The contract is signed and a clear execution plan is set, with a defined schedule for project stages and a follow-up mechanism.
Execution begins with supervision of all stages and continuous quality review, ensuring the work matches the design and specifications.
After all works and final reviews are complete, the project is handed over to the client ready, as agreed.
Project Cycle
