Cragg Management provides expert cost management services, focusing on long-term preservation, efficient maintenance, and strategic governance.
From tailored management plans to sustainable solutions, we ensure estates not only maintain their historic and cultural value but also thrive as enduring assets for generations to come.
Early Cost Advice & Budget Setting
We provide clear and informed cost advice from the earliest stages of a project, helping clients establish realistic budgets that reflect scope, risk and funding constraints. Early advice is particularly important for heritage projects, where existing conditions and conservation requirements can significantly influence cost.
Budgets are developed to support informed decision-making and to align with funding expectations, ensuring proposals are both ambitious and deliverable.
Cost Planning & Estimates
As projects develop, we prepare structured cost plans and detailed estimates that evolve alongside the design. Costs are benchmarked and reviewed to provide transparency and confidence at each stage, with clear identification of allowances, assumptions and areas of risk.
Where appropriate, we build in contingencies that reflect the complexity and uncertainty often associated with historic buildings, ensuring funding applications and approvals are supported by robust financial information.
Procurement & Tender Control
We manage the cost aspects of procurement to ensure value, fairness and clarity throughout the tender process. This includes preparing pricing documents, reviewing tender returns and supporting clients in evaluating submissions on a like-for-like basis.
Tender outcomes are carefully analysed to confirm affordability, identify risks and ensure alignment with the approved cost plan and funding conditions prior to appointment.
Cost Monitoring & Change Control
During delivery, we provide ongoing cost monitoring to maintain control and visibility throughout the construction phase. We assess valuations, variations and change events, ensuring costs are properly reviewed, justified and recorded.
Change is managed in a structured and transparent manner, with a clear audit trail to support client decision-making and funder reporting.
Final Account & Financial Close-Out
At completion, we manage the financial close-out of the project, including agreement of the final account and confirmation of overall project costs.
We ensure all financial reporting is complete, accurate and compliant with contractual and funding requirements, providing clarity and assurance to clients and stakeholders as the project concludes.
