Barlow Road, Coventry
Project Overview
Concord Consult Limited was appointed to provide comprehensive pre-contract cost management and commercial advisory services for the redevelopment of an existing 90,000 sq.ft industrial and logistics facility in Coventry. Acting as the client’s commercial advisor throughout the pre-construction phase, our role encompassed development viability assessments, strategic cost planning, elemental estimating, budget management and procurement advice to support informed investment decisions from concept through to contract award.
Our Services
- Development viability assessments and commercial appraisal
- Strategic cost planning and elemental cost estimating
- Budget development and cost benchmarking
- Value engineering and cost optimisation
- Preparation of detailed Contract Sum Analysis documentation
- Procurement strategy and contract advice
- Preparation of tender documentation and pricing schedules
- Management of a fully competitive tender process
- Tender queries, clarifications and commercial negotiations
- Tender evaluation and contractor recommendation
- Pre-contract commercial risk management
- Budget reporting and cost certainty throughout design development
Challenges
Redeveloping an existing operational industrial facility required careful commercial management to balance refurbishment, structural alterations, roof replacement, external works and operational improvements whilst maintaining overall project viability. As the design developed, ongoing cost planning and market testing were essential to ensure the scheme remained affordable, commercially robust and capable of attracting competitive contractor interest in a changing construction market.
Outcome
Through proactive cost management and strategic commercial advice, Concord Consult Limited provided the client with confidence in the project’s financial viability prior to construction. Our structured cost planning process, combined with a robust competitive tender exercise and detailed commercial evaluation, secured best value from the market whilst maintaining the project’s quality and programme objectives. The result was a commercially sound procurement strategy, improved cost certainty and a strong foundation for successful project delivery.
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Category:Cost Management
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Location:Coventry
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Project Sector:Industrial & Logistics
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Project Type:Refurbishment
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Value:£7.5m
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Size:90,000 sq.ft
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