For this Waiheke property, the Cordell Sum Insured calculator provided a sum insured figure of $2,272,662. However, the accurate rebuild valuation done by an experienced Quantity Surveyor showed the true value came to $5,928,176. Had the homeowners gone with the calculator, they would have been underinsured by 62%! #ConstructionCostConsultants #NZQuantitySurveying #RebuildingCostExperts #ConstructionIndustry #InsuranceIndustry
Construction Cost Consultants
Construction
Auckland, Auckland 7,447 followers
"Building Your Confidence" A Royal Institution of Chartered Surveyors accredited company
About us
Construction Cost Consultants is a RICS (Royal Institution of Chartered Surveyors) "Regulated Firm" and a leading quantity surveying company in New Zealand, established in 2010. Initially focused on construction, we expanded to serve the insurance industry following the Christchurch earthquakes of 2010 and 2011. Our services include Commercial Management, Quantity Surveying, Contract, and Procurement for various clients, including developers, building owners, insurers, contractors, and property managers. During the Christchurch rebuild, we played a key role in a Programme Management Office, contributing to projects valued over $5 billion. Our advanced processes set new industry standards. We leverage cutting-edge technology, including a benchmark system for rebuild valuations, our own costing database, and an integrated CRM system. Our team comprises highly experienced professionals with deep industry knowledge, delivering top-quality, innovative solutions. Led by our founder and Managing Director, a Chartered Surveyor and Fellow of several surveying institutes, we have pioneered technology for rebuild valuations, becoming a major industry player. We are the only company globally offering our unique services. Our partnerships with InsurTechNZ highlight our commitment to technology and industry advancement. Our service is considered the “Gold Standard” for rebuild valuations. Our mission is to provide high-quality, professional services, contributing to the growth of the insurance and construction industries. Join us in shaping the future of these industries.
- Website
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http://www.costconsultants.co.nz
External link for Construction Cost Consultants
- Industry
- Construction
- Company size
- 11-50 employees
- Headquarters
- Auckland, Auckland
- Type
- Privately Held
- Founded
- 2010
- Specialties
- Disaster Recovery, Cost Consultancy, Contract Advice, Commercial Management, Dispute Resolution, Litigation Support Services, Construction Cost Consultant, Insurance Rebuild Valuations, Quantity Surveying, Insurance Rebuild Valuations, Loss Adjustment, Long Term Maintenance Plans, and Cost Management
Locations
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Primary
Level 6
Level 6, 9 Dockside Lane
Auckland, Auckland 1010, NZ
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212 Antigua St
Christchurch, NZ
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PO Box 10827
The Terrace
Wellington, 6143, NZ
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Level 57 MLC Centre
19-29 Martin Place
Sydney, NSW 2000, AU
Employees at Construction Cost Consultants
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Andy Thomson
Founder/Managing Director | Chartered Surveyor | Registered Quantity Surveyor | Registered Valuer
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Mark Simister
Creative Collaborative Transformative: tomorrow’s infrastructure solutions today
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Jackie Boyd
Risk & Insurance Manager with CCC
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seth sackey
Quantity surveyor at Construction Cost Consultant Ltd (CCC Ltd)
Updates
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What’s happening with the new regulations brought in this year by the Financial Markets Authority (FMA)? Andy and Jackie explore what these are and how insurers are reacting in our upcoming podcast. #ConstructionCostConsultants #NZQuantitySurveying #RebuildingCostExperts #ConstructionIndustry #InsuranceIndustry #ConstructionPodcast
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We’re excited to have Harry Evans join our team as a Business Development Manager. Harry is leveraging 8 years of experience in banking to drive growth. Having built strong relationships with clients across industries such as property development and software, his key focus is now on identifying new business opportunities, forging strategic partnerships, and expanding our reach into the banking industry. #ConstructionCostConsultants
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Straightaway, Andy Thomson could see what was missing in the sum insured shift for home insurance policies made by insurance companies. How would homeowners calculate their sum insured? It was off the back of this that Construction Cost Consultants started offering rebuild valuations. Find out more about Construction Cost Consultants journey - https://lnkd.in/gmTbvg2E #ConstructionCostConsultants #NZQuantitySurveying #RebuildingCostExperts #ConstructionIndustry #InsuranceIndustry
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We love getting great feedback like this from our clients! Thanks to Wendy for the review. #ClientSatisfaction #ClientFeedback #ConstructionCostConsultants
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What’s to blame for New Zealand’s nationwide underinsurance? Our expert Risk & Insurance Manager, Jackie Boyd, talks about what she believes to be the main causes in our upcoming podcast. Watch this space. #ConstructionCostConsultants #NZInsurance #InsuranceIndustry #InsurancePodcast
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While boots on the ground experience has driven a lot of the growth and success of Construction Cost Consultants, our General Manager Brett Parekura notes the important role our tech development has also played. Watch as Brett and Andy discuss this and more in our podcast - https://lnkd.in/gmTbvg2E #ConstructionCostConsultants #CompanyGrowth #RebuildingCostExperts #ConstructionIndustry #InsuranceIndustry #ConstructionPodcast
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When applied to a Palmerston North property, the Cordell Sum Sure calculator demonstrated limitations in accurately calculating the rebuild valuation. For this property, the calculator delivered a valuation of $1,953,938. However, the accurate rebuild valuation done by an experienced Quantity Surveyor came to $5,775,000. Had the owners of this property gone with the calculator's value for their sum insured, they would have been 66% short (and have to fund the remaining costs themselves) if they had to rebuild their home in the event of a total loss. #CordellSumSure #RebuildValuation #QuantitySurveyor #ConstructionCostConsultants
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As Jackie points out “raw maths” isn’t the most accurate way to calculate a sum insured value. Keep an eye out for our upcoming podcast, where Jackie Boyd, our Risk & Insurance Manager, discusses her introduction to Construction Cost Consultants. #ConstructionCostConsultants #NZQuantitySurveying #InsuranceIndustry #ConstructionPodcast
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Process is about focusing on each individual step taken. For the example of the act of picking up a glass of water contains a number of easily overlooked steps - moving your hand, grabbing the glass, lifting the glass, etc. Understanding the importance of the finer details of process is something we strongly believe in, especially in our industry. Getting precise and accurate sum insured figures means never skipping steps or leaving any stone unturned. Watch as Andy discusses the importance of process in Construction Cost Consultants https://lnkd.in/gmTbvg2E #ConstructionCostConsultants #BusinessJourney #ConstructionIndustry #CompanyGrowth #QuantitySurveyors #PodcastEpisode
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