We know how important it is that you receive expert commercial, contractual, and financial support for your capital operational spending that is not only dependable, but that can also track both the cost of elements and cash flow. Utilizing benchmark cost data, Charles River is uniquely able to effectively support the development of large project capital funding.
Core procurement strategies are based on forecasted spending two to three years out and encompass master agreements or pricing schedules for high-volume or high-risk items such as utility equipment, commodity materials (furniture, flooring, carpet), services (construction management, design, consulting, commissioning), and facilities maintenance (energy consulting, cafeteria, custodial, service contracts).
Once the projects are approved, we provide tools that can track the cost elements and cash-flow, including capital expenditure to forecast, forecast to actual, and cash flow by month. These tools are critical to ensuring committed amounts are maintained as well as overall project financial health. Quarterly and year-end reporting, in addition to budgeting, are byproducts of the tracking tools.