a. Verification of total investment of the project
• Checking the conformity of the total investment determination method with the characteristics, technical characteristics and technology requirements of the project;
• Checking the adequacy, suitability with the market requirements of the cost items in the Total Investment;
• Checking the feasibility of investment in construction works, risk factors, financial options and capital repayment plans..
b. Verification of construction cost estimates
• Checking the conformity of the main volume with respect to the design volume;
• Checking the proper application of norms and unit prices;
• Checking the proper application of the current regulations for the formulation of cost estimation.
c. Verification of settlement of construction and installation of works/ work items
• Checking the compatibility between the volume of final settlement and the volume in the as-built drawings;
• Unit price: Checking the conformity of the construction unit price with the construction contract;
• Determining the settlement value of construction and installation of works/ work items.
d. Verification of cost norms for construction works
• The compatibility of technical requirements, construction conditions and construction methods of each type of work requiring cost estimate norms;
• Checking the adequacy of work components;
• Checking the calculation method to determine the material consumption, labor and construction machine;
• Formulating the normative details.