IQE undertake shadow estimates across all disciplines for a multitude of clients.
Our principals and senior estimators have all held senior roles with contractors and clients in their working careers. We know and understand both sides of the table. IQE is actively working for, and it is in our ethos to continue working with contractor and owner alike.
IQE intimately understands today’s costs and applicable conditions. When preparing shadow estimates we apply the latest work methods, technologies and costing to derive a costing against which contractor prices can be measured and compared.
Our prices, methodologies and costings are shared with the client on an open book basis, clearly identifying any risks, opportunities, shortfalls and overruns. We also detail any contract exceptions and model risk and opportunities using @Risk. Utilising these tools, contractors’ estimates can be critiqued and tested before a contract is enacted.