Cost Management Support for PMST Agile Projects

Description

The Authority is engaging a consultant with the capability and capacity to deliver the required cost management services under an enabling contract arrangement through call-offs against the contract.<br/>The contract will initially be for 2 years with the option to extend for a further year.<br/>Services that may be called off from the contract are:<br/>- Provide high level costs for the next financial year's projects to inform the yearly budget.<br/>- provide multiple costings per project instructed through the different RIBA stages, including project spend profiles for the lifecycle of the project.<br/>- Provide tender support for evaluation of commercial tender submissions for the project, including a commercial tender report.<br/>- Provide cost estimates and assessments of Contractor led variations for projects in accordance with NEC4 terms and conditions ensuring value for money.<br/>- Provide training sessions to the PMST team of project leaders around project costings.<br/>- Manage the schedule of costing exercises and provide updates at monthly progress meetings.<br/>- Provide Earned Value Management Information to the project leaders on specific projects, when required.<br/>- Provide post completion spend analysis.<br/>- Provide project management services (Project Managers with NEC4 experience) for projects if required.<br/>The estimated total value of this contract is based on historic data and includes the possible optional extension year, though it should be noted that the Authority cannot guarantee that call-offs over the term of the contract, and any allowable extension, will amount to the estimate as this will rely entirely on project throughput.