Costings

You know where you stand with SPUD

SPUD Asset Management

Project Costing and CVR/Estimating

If you’re reading this page you’re definitely in a place in your business where you’ll appreciate what we’ve done here. So stick with me – you’ll enjoy this!
We’ve taken all our encyclopaedic knowledge of pricing and monitoring a job, stripped it down to the nuts and bolts and then put it back together in pretty software package designed to make your life easy.

Here’s how it works

Cost codes

– those underlying numbers that govern just about everything…
To begin with, you simply enter three levels of cost code, like this:

  • Level 1 MATERIALS – CODE XXXX
  • Level 2 TIMBER – CODE XXXX
  • Level 3 MDO 333 PLYWOOD CODE XXXX

Tender

Then you add the costs you’ve tendered against Level 2 cost codes for materials, plant and labour, you then have the ability to break these down against Level 3 cost codes.

  • Level 1 – LABOUR – CODE XXXX
  • Level 2 – ENGINEERS – CODE XXXX – COST FOR PROJECT XXX £100,000
  • Level 3 SETTING OUT ENGINEERS – CODE XXXX – COST FOR PROJECT XXX £20,000
  • Level 3 QUALITY ENGINEERS – CODE XXXX – COST FOR PROJECT XXX £40,000
  • Level 3 DESIGN ENGINEER – CODE XXXX – COST FOR PROJECT XXX £40,000

Program Duration

Then you set the project’s program duration (e.g. 10 months) and, starting from your specified start date SPUD will lay out your program grid and set the costs across it evenly, like this:

M1 M2 M3 M4 M5 M6 M7 M8 M9 M10
Engineers 10K 10K 10K 10K 10K 10K 10K 10K 10K 10K

But we all know the real world of construction never fits in to neat and tidy boxes like that – so we’ve given you the ability to move mountains and schedule outgoings at the best times for your business – like this, for instance:

M1 M2 M3 M4 M5 M6 M7 M8 M9 M10
Engineers 0 10 20 20 20 20 10 0 0 0

So – now you know what you think you’re going to spend. And this is where the magic really starts!

Project Costing and CVR/Estimating

If you’re reading this page you’re definitely in a place in your business where you’ll appreciate what we’ve done here. So stick with me – you’ll enjoy this!
We’ve taken all our encyclopaedic knowledge of pricing and monitoring a job, stripped it down to the nuts and bolts and then put it back together in pretty software package designed to make your life easy.

CVR – Instant information on where you stand, boots on ground.

SPUD pulls your live labour, materials and plant costs into your CVR report and sets them against your tender costs to show you a live picture of where you thought you would be contrasted with where you actually are. It’s clear, concise and instantly understood, with a green header denoting figures under predicted spend and a red one for figures over the predicted spend. Set the report as a graph on your dashboard and you have instant information on where you stand, boots on the ground!

That CVR is easily exportable so that your Quantity Surveyor can draw down a filterable report for each project and prepare a valuation in a fraction of the usual time.

So not only do you speed up valuations to your client dramatically; you also know with a glance at your phone exactly where you stand on each and every project!