Rapid Cost Monitoring


Canadian Institute of Quantity Surveyors

Most large-scale construction projects in Atlantic Canada require independent, third-party cost certification as a condition of financing. However, many industry stakeholders find it challenging to complete monthly progress draws while maintaining a regular cash flow for their projects.

With our rapid cost monitoring service, we keep your project cash flow strong while maintaining financial integrity for your financing body. We communicate regularly with your stakeholders to ensure they are informed of the financial status of the project and flag concerns if they arise. 

Our expertise in rapid cost monitoring is an asset to any construction project. Vigilant is registered with the Canadian Institute of Quantity Surveyors (CIQS) to provide both Quantity Surveying and Construction Cost Estimating services to our clients. We have both Professional Quantity Surveyors (PQS) and Construction Estimator Certified (CEC) professionals on our team who are able to help you with all of your projects  monitoring needs.

WHAT’S INCLUDED?

Our rapid cost monitoring service includes the following:

  • Initial Detailed Project Budget Review;

  • Initial Project Schedule Review;

  • Contract Reviews;

  • Review of Bonding Arrangements;

  • Monthly Progress Draws.

In our conversations with developers and builders, we have learned about the critical importance of doing everything possible to maintain a strong cash flow on a construction project. Our rapid cost monitoring service has been designed to ensure that your project finances flow without unnecessary delays.