Presentation Flashcards
You mentioned your client is a blue-chip retail client. What does blue-chip mean?
A blue-chip company is one that is:
- well-known to the general public and investors
- well-established and
- well capitalised.
You mentioned the client had undertook a review of their UK estate portfolio. How many stores are in their portfolio?
Approximately 2,100 stores in the UK
Within your chosen solution, you mention single-stage selective tendering. Can you explain what this is?
Single stage tendering is where a number of competing contractors bid based on identical tender information. Once a preferred contractor is appointed, they enter into a contract to deliver the works.
Selective tendering is essentially a tendering process where only certain contractors can enter the bid. It’s typically where a short list is drawn up based in a pre-agreed framework or approved supplier list.
You mention competitive tendering. Can you explain what this is?
Competitive tendering is where a number of tenderers submit a bid and are competing against one another for award.
Within Option A, you mention overheads. What are overheads?
They are essentially the indirect costs of a contractor to deliver a project, such as office administrative costs.
In reflection, what would you do differently in this project?
As works commenced on site, it materialised there were stores requiring works which had not been identified at tender. Upon completion, contractors were submitting costs in association with these additional works, which led to challenges relating to contractors completing work without instruction, but also resistance from the client in remunerating the contractors for completing these works.
Despite the issue being resolved, in hindsight, this could have been resolved through accounting for these works from the outset. So, in terms of what I would do differently, I would have conducted a more rigorous review and challenge of the client requirements and scope when preparing tendering documentation, so such issues could have been avoided.
What is the difference between IPMS2 and GIA?
The main difference is that IPMS 2 is measured to the internal extents of the internal dominant face (IDF) rather than to the internal face of the perimeter walls.
What is the internal dominant face?
IDF is the internal finish comprising more than 50% of the floor to ceiling height for each IDF Wall Section. If such does not occur, the Finished Surface is deemed to be the IDF.
Image 1 on Slide 1 - can you explain the construction of this building to me?
This is a high-street store in Hertford Town Centre.
The ground floor construction consists of a concrete ground bearing slab with reinforced concrete.
The external and party wall construction is full fill insulated cavity masonry with fair faced blockwork.
The ceiling is reinforced concrete with a shuttered finish.
The shopfront has laminated clear glazed frontages constructed within the brickwork façade.
Image 2 on Slide 1 - can you explain the construction of this building to me?
This store is located within Crawley County Mall or Shopping Centre.
The shopping centre itself is multi-storey and of steel frame construction, with concrete floors, constructed in the early 1990s.
Image 3 on Slide 1 - can you explain the construction of this building to me?
This is a Retail Park store in Nottingham Riverside.
It is of steel frame construction with a concrete floor.
You can see from the image here the glazed aluminium curtain walling to the front façade.
On the rear elevation, which you cannot see from this image, is the external plant space, where the air handling unit and condenser unit is mounted on a BigFoot frame system.
What is the difference between the 3 scope types set by the client Estate’s Manager?
So, the hard strip scope essentially consisted of stripping the unit back to shell ready for another tenant’s fit out.
The soft strip was the removal of any loose fittings, with any fixed to remain in situ. This also involved the disconnecting, draining down and de-gassing of any M&E services.
The minimal strip was essentially a de-badging exercise. Any client branded signage, vinyls or external branding was to be removed ready for another pharmacy’s lease commencement.
How did the client Estate’s Manager decide the scopes, did you do any sort of check of them?
The scopes were produced following learnings and outputs from the previous rollout.
I had a session with the estate’s manager to understand the scope. In hindsight, I would have challenged these further as they did not account for works outside of the store footprint, such as flats above or outbuildings which were part of the client’s lease.
Can you define ‘shell’ in the context of real estate property, what does it include / exclude?
A shell is defined as a secure, watertight, insulated structure finished externally but not internally. It will exclude:
- wall, ceiling and floor finishes
- mechanical, gas, plumbing, ventilation or electrical services installations
- non-structural internal partitions
- internal doors
- incoming telephone, cable or broadbands supplies
- permanent incoming supplies for electrical, gas & utility services
You mention full fill insulated cavity masonry on Image 1- what is that?
It entails completely filling the cavity with insulation material to form an unbroken thermal barrier to enhance energy efficiency and minimise heat transfer.
