K. Karakosta Q.S.

Detailed Cost Plan / Bill of Quantities

Elemental cost estimates and Bills of Quantities produced in CostX, at elemental and item-specific levels across every RIBA stage.

Risk Analysis

Budgeting strategies built around the risks a project actually carries, so the contingency is sized on evidence rather than on a percentage.

Procurement & Tendering

Tender invitations, tender analysis, and negotiation with a shortlist of contractors.

Cost Control and Budget Management

An initial budget estimate to test feasibility, then cost reporting against current and forecast budget, change-order advice, and interim valuation of contractor payments.

Value Engineering

Value for money without compromising quality, through value management and engineering exercises.

Life Cycle Costing

Life cycle costing exercises that support client decision-making, and carry points in BREEAM and LEED certification.

Final Account

Review of variations, claims and contractual entitlements. Evidence-based negotiation and timely close-out.

Contract

Contract advice and preparation, tailored to the complexity and the level of construction-industry awareness on the client's side.

Cost Database

Cost databases built from analysis and benchmarking of past projects, so capital estimating has a floor to stand on.

Why appoint a Chartered Quantity Surveyor

What is a Chartered Quantity Surveyor?

A Chartered Quantity Surveyor is a member of the Royal Institution of Chartered Surveyors (RICS), works to its standards of measurement and conduct, and is independent of whoever is building the project. That independence is the point: the cost advice serves the client's budget, not a contractor's margin. K. Karakosta Q.S. L.L.C. is a Regulated by RICS firm and a member of ETEK, the Cyprus Scientific and Technical Chamber (Member No. C00562).

What does “measured rather than estimated” mean?

Every item of work is quantified from the drawings and specification, so each tendering contractor prices exactly the same scope. Bills of Quantities are produced in CostX, at elemental level for early cost planning and at item-specific level for tender. Tenders become directly comparable, and any later variation is measured against a fixed baseline instead of argued from memory.

What experience does the practice bring to a project in Cyprus?

Twelve years of cost management across the United Kingdom and EMEA, on projects ranging from a 280 sqm private house to corporate portfolios measured in hundreds of thousands of square metres. Projects in Cyprus get the same standards of measurement, cost planning and reporting that those clients required.

Which sectors does K. Karakosta cover?

Commercial and corporate fit-out, private residential, healthcare and retail. Each sector has its own cost drivers and its own procurement route: a healthcare fit-out is shaped by clinical specification and live operations, and a retail rollout is priced for repeatability across a portfolio.

See the projects by sector

Can one quantity surveyor cover a project from feasibility to final account?

Yes. One appointment covers the initial budget and feasibility, cost planning through the RIBA stages, procurement and tendering, budget control during construction, and the final account. The figure agreed at the start is tracked by the same person to the end, so nothing is lost at a hand-over between consultants.

Why does experience on both sides of the contract matter?

K. Karakosta has represented clients and has represented contractors and developers. Knowing how a claim is built from the other side shows where a variation or valuation is genuine and where it is not, which keeps a final account fair and settles it faster.

More questions about quantity surveying, answered