Magna Park, Lutterworth

Project Overview

Concord Consult Limited was appointed to provide comprehensive pre-contract cost management services for the refurbishment and enhancement of a major industrial and logistics facility. Working alongside the client and design team throughout the early project stages, we provided strategic commercial advice, cost planning and procurement support to establish project viability, maintain budget certainty and successfully progress the scheme through competitive tender.

Our Services

• Development viability and investment appraisal
• Strategic cost planning and budget development
• Elemental cost estimating and benchmarking
• Cost advice throughout design development
• Value engineering and cost optimisation
• Preparation of detailed Contract Sum Analysis documentation
• Tender documentation and pricing schedules
• Procurement strategy and contract advice
• Management of a competitive tender process
• Tender analysis, commercial evaluation and contractor negotiations
• Recommendation of preferred contractor
• Pre-contract commercial risk management and reporting

Challenges

Delivering a commercially viable refurbishment within an operational industrial environment required careful management of evolving design information, existing building constraints and market pricing volatility. The project incorporated significant roof replacement, structural remediation, external yard improvements and infrastructure upgrades, requiring continual cost reviews to balance quality, programme and budget whilst ensuring robust market competition throughout procurement.

Outcome

Through proactive commercial management and detailed cost planning, Concord Consult Limited provided the client with confidence in the project’s financial viability from concept through to contract award. Our structured procurement approach, comprehensive tender analysis and strategic commercial advice secured competitive market pricing, improved cost certainty and reduced commercial risk, enabling the client to proceed into construction with a clear understanding of project costs, contractual obligations and overall value for money.