Developers & Asset Owners
You are carrying the financial exposure on this project. Reltic sits independently on your side of the table – providing senior commercial insight from the first cost plan to final account.
Cost overruns rarely come from nowhere.
They come from decisions made without the right data, usually months before anyone notices.
Assumptions Instead of Evidence
Early cost plans go to funders and get locked into appraisals. Consequently, by the time the project reaches procurement, the gap between what was assumed and what the market actually prices has grown into a problem that nobody wants to name.
Design Moves. Cost Data Stands Still.
Architects revise drawings, engineers change specifications, and M&E scopes evolve continuously. However, the cost plan does not always keep pace. By the time contractors price the job, they price a different building from an approved budget.
Procurement Without a Strategy
Ambiguity in tender documents becomes claims on site. Furthermore, gaps in scope definition will become disputes at final account. The commercial risk does not simply disappear – it transfers to whichever party is least prepared to carry it.
No Independent Oversight
Your contractor has a commercial team working in their interest every single day. As a result, without equivalent resource on your side, the balance of information shifts steadily in their favour – and it remains there throughout the project.
Independent. Senior.
On your side of the table.
We do not have a contractor relationship to protect, a design fee to defend, or a preferred supplier to recommend. We are appointed by you, we report to you, and our only interest is an accurate picture of your commercial position – from the first number to the last.
Reltic engages at the stage where commercial clarity matters most. We test whether your cost plan reflects reality, track cost against scope as design evolves, and structure procurement in your favour. Moreover, post-contract, your exposure stays visible – to you, your funder and your board.
SENIOR FROM DAY ONE
What we do for developers and asset owners.
Every engagement is delivered at senior level. No junior resource, no back-office work.
BIM Quantity Intelligence
As a developer, you rely on quantities produced by others. However, those quantities carry assumptions, and those assumptions carry risk. BIM Quantity Intelligence extracts quantities directly from the model, reconciles them against drawings and specifications, and consequently gives you a set of numbers you can defend at procurement, in negotiations and at final account.
Digital Cost Planning
A cost plan that does not move with the design is a historical document. Therefore, our approach links cost data to live design information, tests assumptions against current market benchmarks and models the effect of design changes on your budget. For developers presenting to funders or boards, this means numbers you can stand behind.
Strategic Procurement
How you go to market determines what you pay and what you are exposed to. As a result, we help developers define scope precisely, select the right contract form, structure risk allocation clearly and produce tender documentation that closes the gaps contractors price risk into.
Construction Cost Control
Once construction starts, your exposure needs to remain visible. Therefore, we provide independent cost control: tracking certified payments, assessing variations, maintaining a cost-to-complete picture your funder and board can rely on. Contractors do not set the narrative. You do.
Change & Variations
Variation claims are where developers lose money that should have stayed in their project. Consequently, we assess submissions independently, checking quantities, verifying entitlement and advising on what is reasonable before anything is agreed.
Final Accounts & Disputes
Final accounts on contentious schemes rarely resolve themselves. Nevertheless, we engage to close out cost positions, assess contractor claims and produce a defensible final cost picture. Where positions are disputed, our legal and commercial background means we understand how these situations develop and how they are resolved.
Where developers carry
the most commercial exposure.
These are the patterns we see repeatedly on live projects across the UK.
Contract Interpretation Disputes
Different interpretations of contractual scope and specifications can create financial exposure during interim valuations and…
Hidden Cost Exposure
Early cost plans can appear credible while concealing inconsistencies between drawings, specifications and measured quantities…
Variation Claim Exposure
Ambiguous scope definitions within drawings and specifications frequently lead to contractor variation claims during construction…
Site Logistics Constraints
Restricted site access and complex construction logistics may affect programme sequencing and construction efficiency during…
Late Design Changes
Design changes introduced during construction can disrupt sequencing logic and increase commercial exposure across multiple…
Tender Documentation Gaps
Incomplete tender documentation may lead to inconsistent pricing assumptions across contractor bids and reduce procurement…
Acceleration Pressure
Programme acceleration during construction can create commercial exposure when sequencing logic and contractor capacity are…
Quantity Assumption Risk
Early quantity assumptions prepared from concept drawings may underestimate construction scope and create hidden cost…
Design Coordination Breakdown
Poor coordination between architectural, structural and services design may introduce delivery risks once construction begins.
Scope Definition Risk
Unclear allocation of responsibilities between contractor and subcontractors can result in disputes and commercial uncertainty…
Procurement Strategy Failure
Tender strategies built on unclear project information can produce inconsistent contractor pricing and unreliable commercial…
Programme Sequencing Risk
Complex construction sequencing may conceal conflicts between trades, logistics and structural works that only become…
Commercial thinking for developers and asset owners.
Practical insight on cost, risk and procurement, written for people who carry the financial exposure.
Questions developers and asset owners ask us.
Direct answers. No qualifications, no soft-pedalling.
