Login


New to IMS? Register Now

Forgot Your Password?

Cost Consultant

Toronto
Job Order: MG-1445

Job Descriptions:

 

  • Working with our loan monitoring team, the Cost Consultant will review and verify all project-related documentation and contracts, prepare and track all budgets, commitments and costs incurred, and forecast an independent cost-to-complete for the project.
  • The Cost Consultant will be responsible for acting as the independent interface between lenders and developers.
  • The Cost Consultant will also track the projected revenues, development approvals, compliance documentation, construction contracts and committed revenue, and provide in‐depth monthly reporting on the project until completion and repayment of the mortgage.
  • Visit construction sites on a monthly basis to review the contractor and subcontractor progress claims
  • Deliver pre-development services to establish feasibility of the project and identify any risks
  • Provide review of development schedule, such as overall progress of the project and anticipated completion dates to the lender
  • Establish and track project budget, along with cost to date and cost to complete
  • Develop cash flow projections and summaries
  • Confirm borrower’s equity contributions
  • Prepare and submit preliminary report to the lender before any loan advances are issued to the borrower
  • Review construction contracts and other forms of commitments to minimize any risks of completion of the project
  • Provide approvals on insured deposit advances and keeping the insurance lender up to date and provide access to the funds
  • Process payment certification under construction contracts in compliance with the Provincial Lien Act
  • Negotiate change orders with contractors in accordance to the terms of the agreed contract
  • Perform reviews of all material financial project documentation implications

 

 

Job Requirements:

 

  • Bachelor’s Degree and/or College Diploma in Construction Management, Quantity Surveying, Civil/Structural Engineering, Building Science or in a related field
  • 3 + years of related experience in loan monitoring and project monitoring
  • Strong understanding of RICS Project Monitoring guidelines and standards RICS/PQS certification is an asset
  • Superior communication and time management skills, along with the ability to manage multiple projects at any given time
  • Intermediate level of understanding of construction estimates, development schedules
  • In-depth knowledge of the construction industry - development, contracting & consultant services
  • Working knowledge of the Provincial lien act and CIQS standard method of measurement – elemental/trade
  • Strong understanding of standard contract conditions – CCDC LEED is an asset

 

DATE POSTED 2019-10-31

Shown below are the latest jobs from this category.

Project Manager

Toronto
Job Order: DA-1557
Job Description:   Independently leads the management process of multiple and concurrent construction projects with limited guidance through prioritizing project activities and exercising influence over project team Sets priorities, allocates tasks and coordinates project staff to meet project targets and milestones Plans and prepares, maintains and updates construction projects and...
DATE POSTED 2020-01-23

Structural Project Manager

Mississauga
Job Order: DA-1573
Job Descriptions: Independently leads the management process of multiple and concurrent construction projects with limited guidance through prioritizing project activities and exercising influence over project team Sets priorities, allocates tasks and coordinates project staff to meet project targets and milestones Plans and prepares, maintains and updates construction projects and schedules in...
DATE POSTED 2019-12-27

Estimator

Mississauga
Job Order: DA-1574
Job Descriptions: Respond to internal and external client inquiries for costing of project work Undertake estimates ranging from order of magnitude to Class A estimates Prepare detailed estimates, quantity takeoffs and visit potential work sites as required Undertake preconstruction development, including project scope and critical path scheduling, and identify the associated risks/issues ...
DATE POSTED 2019-12-27

Senior Estimator (ICI Construction)

Scarborough
Job Order: DA-1580
Job Description: Establishes and/ or works with established priorities and develops and implements a comprehensive schedule ensuring accurate sequencing and resource allocation to meet strategic project goals. Prepare and or coordinate the preparation of estimates.  Identifies both the inherent risk and revenue opportunities.   Solicits pricing from the subcontractors and is...
DATE POSTED 2019-11-28

Jr. - Intermediate Estimator

Toronto
Job Order: MG-1582
Job Description: Assist with preparation of conceptual, schematic, and design development budgets Provide assistance with development of historical cost data for budgeting and cost planning Provide assistance with value management analysis for project cost controls Assist with development of detailed and conceptual quantity take-offs for budget and trade negotiations Assist with change order...
DATE POSTED 2019-12-18

Project Coordinator

Toronto
Job Order: MG-1583
Job Descriptions: Work with Project Management Team to prepare project for sales launch including blacklines, features list and condo documentation. Prepare sales office construction plans and budget Attend all construction site meetings and resolve administrative issues that arise Assist Construction Superintendent in resolving problems due to unforeseen site conditions Ensure site receives...
DATE POSTED 2020-01-14
Warning

Please, enter a valid value

Thank you.

Your password successfully changed.