FEBC InternationalFebc | OS&E Hospitality Procurement | Global FF&E Services

Project Budgeting Project Budgeting
Project-Budgeting
Bill of Quantities

Bill of Quantities (BOQ)

We appreciate the BOQ process is paramount to the success of your project. Whether the BOQ is prepared, unprepared or requires thorough checking and revision – we take that responsibility. We verify every line item, measuring pars and matrix’s as well as examining the BOQ against specification sheets, layouts and shop drawings to ensure that no loose ends are left behind.

Budget Preparation

Budget Preparation

Through machine learning, our propriety system febcProcure can develop indicative budgets using benchmark pricing from previous projects of similar hotel classification. Budgets are later reviewed and revised based on the feedback from your team.
When the budget is approved, we proceed to handling RFQs, Cost Comparisons and working to bring savings to your project by leveraging our purchasing power and worldwide presence.
Purchase Order

Purchase Order

Our team create and issue purchase orders on your behalf with your logo, company details along with your designated signatories. We prepare a complete purchasing program detailing production and delivery lead time. Our process includes full visibility and tracking to monitor all payments with regular updates on the financial status of the procurement management process. We prepare regular expenditure forecasts detailing variances, cash flow to date, and payment due schedules.

Vendor Payables

Vendor Payables

febc has an experienced project accounting team that can handle vendor payables. We manage payments and transactions beginning from establishing the account all the way to payment release to vendors. In addition, we have extensive knowledge of potential hidden costs such as sales tax and our team implement a thorough approach to financially provide you with a transparent and cost-efficient management process.

Procurement
Management

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Project
Budgeting

Project-Budgeting

Turnkey
Supply

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Branding
Services

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