Haringey Hubs

Question 1

Contract Sum you mentioned while collating the contract documents?
What was the Retention level?
What was the Liquidated Damage level?

Answer 1

Contract Sum £763k
Ret - 5%
LAD - £1,500

Question 2

In PFCR, you mention larger value variation items - what were these? How did you measure and attribute costs to these? Any duration calculation - how?

Answer 2

Larger value variations:
Omission of managment areas £50k
Omission/inclusion of communal decorations and flooring, average, say + or - £10k
Renewal of laundry rooms, say £10k
Refurbishment of 3nr WCs, say £7k

Measure and costs - Whenever similar works to contract works, then based on these rates, otherwise valuation rules. Measurement by either CoW undertaking measure, or if by myself, then attending site, using laser measure usually to determine for instance length and height to determine area for say decoration works.

Duration adjustment - new collaborative procedure in place: time at large, no fixed completion date, but still work regularly and diligently.

Question 3

In PFCR, you mention a saving on PSUMs - how much was this? What was the value of the Contingency sum you were adding this to?

Answer 3

Asbestos- £15k out of £60k PSUM allowance
Contingency £70k? (stay away from 10%?)

Question 4

In QCCW, you mention assessing variation claims - how did you go about assessing these claims, what did you take in to consideration and go about agreeing costs (and time)?

Answer 4

Valuation Rules:
-if it is of similar character, quantity and in the same conditions as existing work, then the bill rates should be used
-if it is of a similar, but different quantity or conditions, the bill rates should be used as a basis but a fair allowance made to account for difference
-If it is not of similar character, fair rates and prices should be used.

Agreeing costs - Open book accounting:
Star Rate - rate based on the bill rates but includes a fair allowance; to deviate from the bill rates there must be a reason as to why the star rate is being adopted; this may be because the conditions on site for installation are more complicated than first envisaged.

Question 5

In DECP, you mention a VE exercise - what process did you undertake? What works were VE’d and how changed? What was the value of original and what saving made? What were the duration implications?

Answer 5

VE process:
The VE process was only limited to corridor areas, where it was identified that instead of redecorating walls and ceilings, or replacing flooring - repairs or cleaning could be done instead as these selected areas were in reasonably good condition. Saving circa £30k.
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Works VE’d:
-ref above.
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Original cost:
-£50k

VE cost:
-£20k