During the construction phase of the works various matters can arise that is some way alter either the cost, programme, or quality of the works (often a combination of more than one factor).

The timely, methodical and detailed monitoring and reporting of all potential and realised costs in relation to a project is key in enabling timely decisions to be made by all parties to minimise any impact, or maximise any benefit, to the project.

Cash flow is often key in the successful running of a company or individual project; this is especially true if the project relies on obtaining incremental finance.

Hookway is able to provide estimated cash flows for all types of construction projects to help ensure that potential expenditures and incomes can be successfully planned and managed. Once works are underway the cash flow can be updated and monitored throughout the duration to track the actual costs and revise the future estimates for improved financial control.

Hookway has detailed processes and fully experienced surveyors in place to ensure that all parties are kept fully informed of any issues to enable best value to be obtained at all times. Whilst our various standard reporting methods are useful they are not set in stone and can be adapted to individual client requirements.  

Whole life costing involves calculating the lowest cost options for the entire commercial life of a building or individual component/element to include construction capital costs, maintenance costs, running costs and also possibly demolition costs.

Understanding the Whole life cycle costs helps our clients make well informed design decisions, and to select the most suitable building materials, components or elements and thus obtain more sustainable facilities.

In addition to a planned preventative maintenance programme expenditure on maintenance, lost time due to breakdowns and associated costs can be minimised; saving money in the long-term.  

Examples of some items that can be reviewed include:-      

Is it best to build a new facility, buy an existing one or refurbish a building already owned?
Is a single ply roof covering better value overall than a traditional felt roof covering?
Do aluminium or timber windows offer the best solution for a particular building?
Do sustainable technologies offer best value on a particular proposed building?

 

Testimonial

“The whole project has been a complete success from start to finish. Hookway and the builders (HBC) were a pleasure to deal with and the project management was highly professional.”

News

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Hookway - developing the team to meet growing demand

Hookway has appointed a new surveyor, Anna Gribben, to help meet growing demand and manage the company’s ever-increasing workload. Anna is a qualified building surveyor and skilled AutoCAD technician, a skill that will be of immense value to clients.

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Fulfilling the Principal Designer role

The introduction of the role of Principal Designer in the 2015 Construction Design & Management Regulations has seen Hookway build on previous experience as CDM Co-ordinator under the 2007 regulations.

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Hookway achieves 90% success rate on academy funding bids

Results of the Government funding bids have just been announced and we are delighted with the outcome. Bids approved range in value from £30,000 to £500,000 and include a variety projects...

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