In 2024, Stonehaven was appointed by DARGLOBAL to provide comprehensive pre and post-contract cost management services for the Marriott Hotel and Branded Residences in Muscat, Oman. At Stonehaven, our responsibilities included the preparation of detailed design BOQ and pre-tender estimates, the creation of tender documents, the evaluation of tenders, and the drafting of contract documents. Additionally, we oversaw the daily cost management of the project, ensuring the proper administration of site works. This extensive project encompassed over 80,000m² of built-up area across four towers, featuring hotel suites, branded residences, restaurants, spas, and landscaped areas.

Stonehaven was the primary Cost Management Service provider for the Moon incubators project in King Abdullah Financial District, Riyadh in 2023. We’ve conducted feasibility studies, cost estimations, bill of quantities preparation, tender process oversight, and contract document creation. In addition, we have explored the use of AI integration to enhance decision-making and streamline commercial workflows, alongside exploring alternative digital solutions for transparency and efficiency.

Stonehaven served as the designated Cost Management Service provider for the prestigious Diriyah Innovation Centre project in Riyadh, a role undertaken from the project’s inception in early 2024. Our responsibilities spanned a wide array of activities, including conducting thorough feasibility studies, providing accurate cost estimates, preparing meticulous bills of quantities, overseeing tender processes, and meticulously crafting contract documents. This groundbreaking endeavor was characterised by its forward-thinking approach, integrating robotics to revolutionise construction methodologies. Additionally, we spearheaded the adoption of cutting-edge digital blockchain contracts, further cementing our commitment to innovation and excellence in project management.

Since its inception in early 2023, Stonehaven proudly served as the premier Cost Management Service provider for the esteemed KSA Discovery Campus. Our comprehensive duties spanned conducting feasibility studies, providing precise cost estimates, preparing meticulous bills of quantities, overseeing tender processes, and crafting detailed contract documents. Additionally, we played a pivotal role in implementing sustainable practices throughout the project’s lifecycle, including environmentally conscious material sourcing, energy-efficient design integration, waste reduction strategies, and community engagement initiatives. These endeavours not only underscored our unwavering commitment to sustainability but also exemplified our dedication to fostering a greener future for generations to come.

In 2024, Stonehaven was entrusted by the Jacobs & Nesma Partners JV to deliver comprehensive pre-contract cost management services for the prestigious Al Ula Tram Project in Saudi Arabia. Stonehaven’s scope of work encompassed the preparation of detailed Bills of Quantities (BOQ), pre-tender estimates, and budget formulation, alongside a thorough review of the contract documents for this significant development. The expansive project features over 22,000m² of built-up areas, covering 17 stations along a 23 km track, along with ancillary buildings, heavy earthworks, infrastructure works, bridges, roadways, and MEP facilities throughout the development.