Contingency Risk Analysis
BDC is pleased to introduce a CONTINGENCY RISK ANALYSIS with our reports.
BDC has developed software that will analyze individual elements of construction budgets,assessing their potential for over runs.
These individual results are collated in order to advise banks and developers the amount of contingency required to adequately cover the risks.
The software allows for the tracking and updating of the elements for both construction hard costs and development soft costs.
The result is an accurate assessment of risk that can be traced to the individual elements that form the greater part of this risk, so that such can be monitored closely.