Five report types, one quantity surveyor team, council-ready and lender-accepted across Australia.

MCG provides the full range of quantity surveyor construction cost estimating reports needed across the development lifecycle: from concept-stage feasibility checks, through council Development Application lodgement, lender drawdown certifications, and partial-build cost reviews.

Every report is prepared and signed by a registered quantity surveyor, follows Australian Institute of Quantity Surveyors (AIQS) cost reporting standards, and is accepted by all Australian councils, the four major banks, and second-tier construction lenders.

Whether you are a developer, architect, builder, lender, accountant, insolvency practitioner, or property investor, MCG has a cost report that supports your decision. Use the navigator below to jump to the report you need.

Quick Reference
Which report do you need?

Lodging a DA? Development Application Cost Plan.

Drawing on a construction loan? Progress Claim Certification.

Project paused or in receivership? Cost To Complete Report.

Testing feasibility? Preliminary Cost Plan.

Comparing concept options? Indicative Elemental Estimate.

Development Application Cost Plans

A Development Application (DA) cost plan is a quantity surveyor report estimating the total construction cost of a proposed development, signed by a registered QS for lodgement with council. Most Australian councils require a DA cost plan when the estimated construction value exceeds a set threshold — typically used to calculate developer contributions (such as Section 7.11 and 7.12 levies in NSW), set the DA fee, and confirm the project description matches the lodged drawings.

MCG prepares DA cost summary reports for residential, commercial, mixed-use, industrial, retail, hospitality, and infrastructure projects across all Australian states and territories. Each report is signed by a registered quantity surveyor and accepted by all Australian councils.

Typical use cases:

  • Single residential dwellings over council threshold (often $500,000 to $1 million depending on council).
  • Multi-residential developments (townhouses, apartments, dual occupancy).
  • Commercial and mixed-use projects requiring elemental cost breakdown.
  • Industrial, retail, and hospitality fitouts over council threshold.
  • Major alterations and additions exceeding the council cost trigger.

Each MCG DA cost plan includes: total estimated construction cost, elemental cost breakdown (substructure, superstructure, finishes, services, external works, preliminaries), preliminaries and contingencies, signed QS declaration, and the council-prescribed cost summary form for your jurisdiction.

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DA Cost Plan
At a glance
Used forCouncil DA lodgement
Signed byRegistered QS
FormatCouncil-prescribed summary + supporting report
Turnaround5–10 business days
Required whenConstruction cost > council threshold
Request a DA cost plan

Cost To Complete Reports

A cost to complete (CTC) report is a quantity surveyor's certified estimate of the remaining construction cost on a partially built project. MCG inspects the site, reviews completed works, examines existing contracts and any latent defects, then provides a signed report stating the additional funding required to finish the project.

Cost to complete reports are typically commissioned by construction lenders, receivers and insolvency practitioners, incoming developers acquiring stalled projects, and original owners after a builder has left site. The report supports loan top-up decisions, distressed asset acquisition pricing, and insurance and warranty claims.

What MCG assesses:

  • Works completed to date (measured and valued on site by the QS).
  • Existing contracts and variations in place with the original builder or sub-contractors.
  • Outstanding works required to reach practical completion.
  • Latent defects, rectification works, and risk allowances for unknown conditions.
  • Updated builder margin, preliminaries, and current market rates for the remaining scope.

Each CTC report includes: certified cost to complete figure, breakdown by trade, photographic evidence of works in place, latent defect notes, contingency recommendation, and a signed QS declaration. Accepted by all major Australian construction lenders and insolvency firms.

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Cost To Complete
At a glance
Used forStalled / receivership / re-finance
Commissioned byLenders, receivers, owners
IncludesSite inspection + measurement
FormatSigned QS report + photo evidence
Turnaround5–7 business days from inspection
Request a CTC report

Preliminary Cost Plans

A preliminary cost plan is an early-stage construction cost estimate prepared from concept drawings and a brief design narrative. Used by developers, architects and investors to test feasibility before significant design fees are committed, and to set a realistic budget for the design team to work to.

Preliminary cost plans are prepared on a $/sqm or elemental basis using rates from comparable recently-completed projects, with explicit allowances for unknowns. As the design progresses, the preliminary cost plan is refined into a full cost plan and ultimately a tender estimate.

Best used when:

  • Acquiring a development site and testing whether the proposed yield is financially viable.
  • Comparing two or three design concepts before committing to detailed documentation.
  • Early-stage joint venture conversations where rough numbers are needed to align partners.
  • Pre-DA budget setting to give the design team a realistic cost ceiling to work to.

Each preliminary cost plan includes: $/sqm and elemental cost summary, scope and assumptions schedule, exclusions list, contingency recommendation (typically 10 to 15% at this stage), and a signed QS report. Refined cost plans available as documentation progresses.

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Preliminary Cost Plan
At a glance
Used forFeasibility, concept budget
StageConcept design / pre-DA
Basis$/sqm + elemental rates
ContingencyTypically 10–15% at this stage
Turnaround5–10 business days
Request a preliminary plan

Progress Claim Certifications

A progress claim certification is an independent quantity surveyor's review of a builder's monthly progress claim against the actual works completed on site. Construction lenders use these reports to release loan drawdowns in line with completed value, protecting both lender and borrower from over-payment.

Each month MCG visits the site, inspects work in place, reviews the builder's claim and any approved variations, then certifies the percentage complete and dollar value of works claimed. The signed report is provided to the lender, who uses it to release the next loan tranche.

What a progress claim certification covers:

  • Independent measurement of completed works against the contract scope.
  • Variation review — confirming approval, scope, and pricing of any variations claimed.
  • Materials on site assessment (where claimable under the contract).
  • Defects and incomplete work noted and deducted from the claim.
  • Photographic record of works in place at each inspection.

Each progress claim report includes: certified percentage complete, certified dollar value of works in place, recommended drawdown amount, variation summary, defects schedule, photographic evidence, and a signed QS declaration. Format accepted by all major Australian construction lenders.

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Progress Claim
At a glance
Used forConstruction loan drawdowns
FrequencyMonthly (typical)
IncludesSite visit + photo evidence
FormatLender-accepted certification
Turnaround5–7 business days from inspection
Request progress claim service

Indicative Elemental Estimates

An indicative elemental estimate breaks a project's cost into elements (substructure, superstructure, internal finishes, services, external works, preliminaries) using rates from comparable projects. Architects, developers, and investors use elemental estimates at concept stage to compare design options and confirm budget alignment before detailed documentation begins.

Unlike a $/sqm preliminary cost plan, the elemental format lets the design team see exactly which parts of the building are driving cost — and where design changes would yield the biggest savings. Especially valuable on commercial, hotel, aged care, and bespoke residential projects where finishes and services costs can vary widely.

Best used for:

  • Comparing design schemes at concept stage by element-level cost breakdown.
  • Value engineering — identifying which elements offer the largest cost-reduction opportunities.
  • Tender comparison — benchmarking incoming builder tenders against the elemental estimate.
  • Project budget justification — explaining the cost build-up to investors, boards, or lenders.

Each elemental estimate includes: cost broken down by element using ARCADIS or AIQS-aligned codes, $/sqm and $/total figures, source rate references, scope and assumptions schedule, exclusions list, and contingency recommendation. Refined as design progresses through DA, tender, and construction stages.

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Elemental Estimate
At a glance
Used forConcept comparison, value engineering
StageConcept — tender
FormatElement-by-element breakdown
StandardsARCADIS / AIQS coded
Turnaround5–10 business days
Request an elemental estimate

From brief to certified report

Standard MCG process for any of the five report types above. Bespoke timelines available for urgent council deadlines or lender milestone dates.

Brief and quote
Send drawings, specifications, and the report type required. We respond with a fixed-fee quote and turnaround estimate within one business day.
Documentation review
QS reviews drawings, specifications, contracts, council requirements, and (for CTC and progress claims) the existing builder paperwork.
Site inspection (where required)
For cost to complete reports and progress claim certifications, the QS inspects works in place and photographs evidence on site.
Signed report delivered
Signed QS report delivered as PDF, with editable Excel workings on request. Council-ready and lender-accepted format.
Mike Mortlock, Co-Founder and Managing Director of MCG Quantity Surveyors
Reviewed by

Mike Mortlock

Co-Founder and Managing Director, MCG Quantity Surveyors

Mike Mortlock is a registered tax agent and the co-founder of MCG Quantity Surveyors. He sits on the AIQS Advisory Board and the PIPA Board. MCG has prepared construction cost reports for residential, commercial, mixed-use, industrial, and hospitality projects across all Australian states and territories — from single-dwelling DAs through to multi-stage commercial developments and lender progress certifications.

Registered Tax Agent (TPB) AIQS Advisory Board PIPA Board
Last reviewed: 28 April 2026 · Specialism: construction cost estimating, council DA cost reports, lender certifications

Common questions on QS cost reports

Questions developers, architects, builders, lenders and accountants ask MCG most often.

A Development Application cost plan is a quantity surveyor's report estimating the total construction cost of a proposed development. Most Australian councils require a DA cost plan when the estimated construction value exceeds a threshold (commonly $500,000 to $3 million depending on council and state). The cost plan is used by council to calculate developer contributions (such as Section 7.11 and 7.12 levies in NSW), determine the application fee, and confirm the project description matches the lodged plans.
Each council sets its own threshold. As a general rule, NSW councils require a QS cost summary signed by a registered quantity surveyor when the estimated construction cost exceeds $3 million (per the Environmental Planning & Assessment Regulation 2021). Other states have varying thresholds. Most metropolitan councils require a cost report for any commercial, multi-residential or large alteration application. Always check the development application form for your specific council.
A cost to complete report is a quantity surveyor's certified estimate of the remaining construction cost on a partially built project. Lenders, receivers, insolvency practitioners and incoming developers commission these reports to confirm how much funding is still required to finish the works, given current site conditions, contracts in place, completed work, and any latent defects.
A preliminary cost plan is an early-stage construction cost estimate based on concept drawings and a brief design narrative. Used by developers, architects and investors to test feasibility before significant design fees are committed. Prepared on a $/sqm or elemental basis with allowances for unknowns, then refined as design progresses.
A progress claim certification is an independent QS review of a builder's monthly progress claim against actual works completed on site. Lenders use these reports to release construction loan drawdowns. The QS visits site, inspects work in place, reviews variations, and certifies the percentage complete and dollar value of works claimed.
An indicative elemental estimate breaks a project's cost into elements (substructure, superstructure, finishes, services, external works, preliminaries) using rates from comparable projects. Used by architects, developers and investors at concept stage to compare design options and confirm budget alignment before detailed documentation.
Standard turnaround is 5 to 10 business days for a DA cost plan or preliminary cost plan once drawings and specifications are received. Cost to complete reports and progress claim certifications typically take 5 to 7 business days from site inspection. Urgent turnarounds available on request for council deadlines or lender milestone dates.
Yes. MCG cost reports are prepared and signed by registered quantity surveyors and follow Australian Institute of Quantity Surveyors (AIQS) cost reporting standards. Reports are accepted by all Australian councils, the major banks, and second-tier construction lenders. We've worked with most major Australian councils and all four major banks.

Need a construction cost report?

Talk to MCG on 1300 795 170. Registered quantity surveyors, AIQS-compliant reports, council and lender accepted across Australia.