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Cost Management
Independent cost management for luxury retail, hospitality and prime residential projects, from the first feasibility estimate to the agreed final account.
Overview
Luxury projects are judged on detail. Finish tolerances are tight, specifications are bespoke and programmes rarely have slack. Good cost management gives you a clear, reliable picture of where the money is going at every stage, so decisions are made with confidence rather than in hindsight.
At M+H we act as your independent cost consultant. We set realistic budgets early, test them against current market data, and track cost through design, procurement and construction. When change happens, and on luxury schemes it always does, you know its impact before you commit to it.
Our service is senior-led. The directors who price and plan your project are the same people who sit in your meetings, review your reports and stand behind the numbers.
What's included
Early order-of-cost estimates and budgets grounded in real luxury-sector benchmarks, so the brief and the budget start aligned.
Elemental cost plans that develop with the design, giving you certainty at each RIBA stage rather than a surprise at tender.
Practical options to protect design intent and quality while removing cost that adds no value to the finished space.
Tender documentation, contractor selection and detailed tender analysis to secure the right price from the right team.
Clear monthly cost reports, early-warning of risk and a disciplined process for pricing and approving change.
Fair, evidence-based agreement of the final account, closing the project cleanly and on time.
Sectors
Flagship stores, boutiques, concessions and in-store experiences where brand standards and finish quality come first.
Guest-room refurbishments, public areas, bars and restaurants, often delivered while the building stays open.
High-specification homes and residential schemes where bespoke detailing must still land on budget.
Why M+H
We work for you, never for the contractor or supplier, so our advice is impartial and focused entirely on protecting your interests.
Our directors lead every commission personally, from the first estimate to the final account, so you always deal with experienced people.
Our benchmarks, supply chain knowledge and expectations come from luxury retail, hospitality and residential work, not general construction.