First Principals
Suckling Stringer Quantity Surveyors has been using the ‘first principles' method since 1979. It's the secret behind the company's success, the basis of its reputation, and the reason why Garry Suckling and the team can offer you a more accurate and more solution-orientated assessment.
It’s the same way leading physicists look at the world. First principles sees you boil things down to the most fundamental truths, whatever they may be, and reason up from there.
This is also the identical method used by some of the world’s most innovative firms. Elon Musk – perhaps the boldest billionaire entrepreneur on the planet and founder of Tesla Motors, PayPal, and other world-first brands – is a huge advocate.
With first principles, it’s possible to get much more effective ways of thinking about your project.
For example:
Innovation: It allows visibility of solutions that are hidden to those who reference methods only relevant to 'current market' situations.
True understanding: Through first principles you can understand projects in a highly fundamental way. This leads you to better thinking around materials, construction, and sequence.
Why don’t other quantity surveyors use the first principles method? Perhaps because it takes more diligence, thinking, rationalisation, and time. On an intellectual level, it's certainly easier to reason by the alternative solution, analogy (and in fact analogy is sometimes deemed a 'decision shortcut').
Suckling Stringer is not interested in shortcuts, because the company's role is to help give you the most accurate assessment of costs, to allow you to stay on budget with confidence. That's precisely what Garry Suckling and his team been doing successfully for clients since 1979.
Our Services:
CORE Services Include:
Budget Cost Indications
Preparation of tender documents
Tender review and tender selection
Preparation of schedule of quantities
Contractor negotiation
Contractor appraisal
Advice on contractual arrangements and form of contract
Project management
Valuation for insurance purposes
Subcontractor take-offs
Contract administration:
Contract tendering
Preparation and negotiation of contract documentation
Progress claim assessments and certification
Financial cost reporting and final cost forecasting
Cash flow forecasting and analysis
Variation assessment and negotiation
Final account negotiation
Independent client representation
Bank valuations a drawdowns
Financial Institution reporting and drawdown certification