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Engineering Consultancy Service

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Quantities & Cost

Cost Estimation

Order-of-magnitude estimates at concept, detailed estimates at tender, and cost-to-complete forecasts during execution — each with assumptions and exclusions stated openly.

Overview

Why this matters on your contract

An estimate without stated assumptions is not an estimate, it is a number. The value of a cost figure lies almost entirely in knowing what it includes, what it excludes, what it assumes about scope and market conditions, and how much contingency sits inside it.

We produce estimates at whatever definition the project has reached — from concept, where the answer is a range with clear drivers, to a fully measured tender estimate. During execution we maintain cost-to-complete forecasts so that overruns are identified while there is still time to respond, rather than discovered in the final account.

Cost Estimation — Parengyali Engineering Consultancy Service

What you receive

  • Estimate workbook with elemental and item-level summaries
  • Written basis-of-estimate stating scope, assumptions, exclusions and contingency
  • Cash flow projection across the contract period
  • Sensitivity analysis on the principal cost drivers
  • Periodic cost-to-complete updates during execution
Request a scope review

Scope

What the service includes

Every element below is covered as standard. Anything outside it is quoted separately and agreed before we begin.

Concept and order-of-magnitude estimates

Early-stage cost ranges built from comparable projects and elemental rates, with the principal cost drivers identified.

Detailed tender estimates

Fully measured estimates built from drawings, quantities and analysed rates, item by item.

Preliminaries and indirect costs

Site establishment, supervision, plant standing, insurance, bonds and overhead built up explicitly rather than applied as a blanket percentage.

Cost-to-complete forecasting

Periodic forecast of final cost based on actual expenditure, committed cost and remaining work.

Value engineering

Systematic review of high-cost elements for alternatives that preserve function while reducing cost, each option quantified.

Cost comparison and option studies

Side-by-side costing of design or method alternatives so decisions are made on numbers rather than intuition.

Our Approach

How we do this differently

01

Assumptions are written down

Every estimate is accompanied by a basis document. Six months later, nobody has to reconstruct what the number meant.

02

Contingency is stated, not buried

You can see exactly how much risk allowance sits in the figure, which means you can make an informed decision about carrying it.

03

Forecasts arrive while they are useful

Cost-to-complete is updated on a fixed cycle, so an emerging overrun surfaces with time left to act on it.

Questions

Common questions

If yours is not answered here, call us — the conversation is free and usually short.

+977 1 4538 720

At concept, typically within plus or minus twenty to twenty-five percent, and we say so explicitly. Accuracy improves as design definition improves; presenting an early estimate as precise would be misleading.

Yes, using elemental rates and comparable project data, with the assumptions made for undefined scope stated clearly so they can be revisited as the design develops.

If the contract period warrants it, yes — as a separately identified allowance rather than absorbed into the rates, so it remains visible and can be tested against the actual contract escalation mechanism.

Free scope review · No obligation

Send us the document. We will tell you exactly what it needs.

A bidding document, a contract, a stalled bill, a stack of unrecorded measurements — whatever the position, a senior engineer will review it and come back within one working day with a written assessment, a timeline and a fixed price. There is no charge for this and nothing to sign.

NDA signed before any document is shared Response within one working day Fixed written fee, no hourly billing
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