Cost and commercial management of a prestigious Belgravia redevelopment through evolving design and extensive negotiation.
Intrusive surveys and an evolving design meant scope and value kept moving, with extensive contractual negotiation needed to keep the commercial position sound.
As commercial lead we managed cost and commercial administration, advised on contract and entitlement, managed the evolving scope and change, and negotiated packages and payment terms directly with the supply chain.
A 25% advance payment secured to lock in packages promptly, and the tender margin taken from 11.2% to 22%, more than £3m of profit secured on the one project.
This appointment falls under our contractor commercial support work.
