M & T Cost Engineering specialises in preparing Tax Depreciation Schedule. The Tax Depreciation will maximise the property owners tax rebate and
hence improve the cash flow during the critical time when servicing the debt.
We prepare Depreciation Schedules for:
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Residential properties.
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Retail shops.
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Childcare Centres.
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Clubs and Entertainment Centres.
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Cold Room & Storage Facilities.
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Office or Commercial premises.
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Medical and Dental Practices.
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Factories and Warehouses or other Industrial buildings.
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Gyms and Fitness Centres.
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Farms.
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Every property is well worth getting a Tax Depreciation Schedule regardless of the age or condition, and the very small cost you pay to M & T
cost Engineering would be recovered within the first year.
Our Schedule would cover the entire lifespan of the property & you will need only one Schedule per investment property.
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We always carry out physical inspection to ensure that all claimable items are accurately included to maximise the return.
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We deliver the report within a week or less, provided we gain access to the property without delay and receive all required information.
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Our fee is payable only after you are satisfied with our report.
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You can amend your tax return for the two previous financial years, if you have missed this opportunity before.
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M & T Cost Engineering also specialises in Valuation of assets for various purposes such as obtaining loan from lending institutions, helping for the purchase and or selling of a business entity.
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Project owners are required to obtain local council approvals for most new and addition and alteration projects.
Councils now require a cost report prepared by a Professional Quantity Surveyor who is a registered member of the Australian Institute of
Quantity Surveyors (AIQS) as part of the development application. Since its establishment, M & T Cost Engineering has prepared DA cost
reports for hundreds of residential, retail, industrial and commercial development.
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All developers and owner builders who require finance for their project are required to obtain a report to reduce the risk for the financier,
prepared by an approved Qualified Quantity Surveyor, that carries out a ‘due diligence’ assessment on the costs of the project, the type and suitability of
project delivery contract, onerous contract clauses, construction program and the ability of the builder to successfully deliver the project.
M & T Cost Engineering provides independent bank reports for developers and owner builders. Our detailed reports would minimise the risks for
both financiers and prospective developers.
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M & T Cost Engineering has extensive experiences in preparing detailed Bill of Quantities and Builders’ Bills. We work with builders and ensure
competitive tenders are submitted to increase success in the tendering process.
Builders’ Bills can be prepared on an exclusive or shared basis. Shared basis means we can prepare a single unpriced BOQ for all
participating builders for the same project. This would provide a level platform for each builder on the quantities and they can
concentrate on the pricing. Further it would reduce the overhead cost of each participating builder.
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At the early design stage, M & T Cost Engineering can prepare cost budgets based on elemental cost plans for your projects. With our detailed,
balanced cost plans, which consider all the possible risks and uncertainties, cost feasibility of alternative design proposals for
different elements of the project can be easily compared to enable the project owner to make the right informed choice.
When the schematic design and the specification for a project are reasonably developed, M & T Cost Engineering can produce a feature-based/
composite quantities-based cost estimate. The feature-based cost estimate can form a solid base for an effective value engineering exercise
and even for tendering purposes in certain projects.
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M & T Cost Engineering prepares detailed tender documents and manages the tendering process on behalf of project owners.
This includes inviting tenders from suitable builders, analysing and comparing tenders received and preparing a tender report and
recommendation to the client to enable the selection of the best builder for the project.
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Life cycle costing is a process of estimating how much money you will require on an asset over the course of its useful life.
The building has to be maintained to perform for the intended use. M & T cost Engineering can estimate the cost of these maintenance and improvement.
This Costing is necessary and useful to owner occupiers and tenants to prepare their cash flows, Profit and Loss and the like.
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M & T Cost Engineering can provide estimates of the probable cost of intended projects at the concept stage.
This would guide owners to balance the project scope and budget.
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The use of the right procurement strategy for a project will reduce risks for the project owner while improving the value of the project,
ultimately leading to a successful project. M & T Cost Engineering provides assistance and advice to project owners on the most suitable procurement
strategy for their project in light of a range of performance factors such as cost, time and quality of the project.
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Developers and investors should proceed with their projects only after they are certain that they will make a decent profit from their projects.
M & T Cost Engineering can assist the prospective clients to decide whether it is feasible to proceed with the intended project through our detailed feasibility studies. We perform a thorough analyses of expected costs and return from your project throughout its lifecycle, what-if scenario/market sensitivity analyses to make sure you are embarking only on a profitable investment venture.
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During the construction stage, M & T Cost Engineering ensures that the project is carried out and completed in accordance with the
building contract and performs the following cost monitoring and control aspects for project owners to make sure the project
does not exceed the intended budget ceiling:
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Cash flow monitoring.
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Assessment of progress claims and payment certification.
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Valuation of variations.
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Assessment of extension of time (EOT) claims.
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Preparation of final accounts.
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