The Koste Difference
At Koste Chartered Quantity Surveyors, we are committed to unlocking the full potential of your assets.
Our comprehensive advisory services range from crafting meticulous Asset Registers to in-depth Life Cycle Reporting, Capital Expenditure Forecasting, and strategic Consultation & Strategy. We also offer Reinstatement Cost Assessments, ensuring that you are adequately covered in the event of asset loss. Our proactive approach aims to enhance financial accuracy, operational efficiency, and strategic planning, ultimately adding value to your second-hand properties.
Our Advisory Services
Understand the critical importance of maintaining precise asset registers for financial accuracy, seamlessoperations, and compliance adherence.
Our team assists in crafting a meticulous asset register from the ground up, ensuring every detail is captured. Reap the rewards of a well-organised asset register: enhanced financial reporting, efficient asset tracking, and informed strategic decisions.
Life Cycle Reporting
Delve into the comprehensive assessment of asset life cycles, from procurement to disposal.
Our experts evaluate the present state, forecasted useful life, and upcoming maintenance requisites of assets. Benefit from our strategic recommendations on asset maintenance, replacement, or disposal, all based on in-depth life cycle assessments.
Navigate the intricacies of capital expenditure forecasting, a cornerstone for strategic budgeting andplanning.
We deliver precise predictions, considering asset life cycles, market inclinations, and your specific objectives. Gain insights into astute asset investments for maximum ROI. Informed capex decisions lead to budget optimisation, minimised financial risks, and alignment with business expansion goals.
Consultation & Strategy
Leverage Koste’s unparalleled expertise in strategic asset management advice.
Maximise asset value and utility with our tailored recommendations. Mitigate potential risks linked to asset depreciation, obsolescence, or market variances. Strategic asset management paves the way for significant cost savings and propels business growth.
Reinstatement Cost Assessments
A Specialised Service by Koste Chartered Quantity Surveyors
At Koste Chartered Quantity Surveyors, our Reinstatement Cost Assessment (RCA) service is an indispensable tool for safeguarding your commercial, industrial, and retail properties in Australia. In a country prone to unpredictable weather conditions, having an accurate and reliable RCA is not just a good practice—it’s a necessity.
What is Reinstatement Cost Assessment (RCA)?
A Reinstatement Cost Assessment is a professional evaluation of the costs involved in reinstating your building in the event of significant damage or destruction.
Our RCA covers a comprehensive range of factors, from demolition costs and elemental rebuilding costs to construction inflation allowances, professional and statutory fees, and even loss of rent assessments.
Why is RCA Important?
Determining the right amount to insure can be a complex process.
Over-insuring leads to unnecessarily high premiums, while under-insuring leaves you financially vulnerable when disaster strikes. Our RCA service ensures that you strike the right balance, providing you with an insurance replacement report that is neither too high nor too low.
How We Conduct RCA
Detailed Client Briefing
Understanding the basis of the RCA and elements included within the relevant insurance policy.
Review of Construction Documentation
Analyzing all available construction plans and documents.
Verifying the accuracy of the construction documentation through on-site measurements.
Detailed Cost Assessment
Evaluating all items to be included within the RCA.
Preparing a detailed RCA schedule and report which outlines the basis of assessment, assumptions made, and our professional opinion on the insured value.
Why Choose Koste?
- Expertise and Credibility Our reports are accepted by insurers and, when necessary, hold up in legal proceedings.
- Comprehensive Assessments We provide a thorough, itemised assessment of your property.
- Cost-Effective Solutions Our detailed reports are designed to offer you the most cost-effective insurance premiums and claims.
- Adaptability to Australian Conditions Our expertise in the local environment ensures that your property is adequately covered against natural disasters like floods, fires, and storms.