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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?

If you want to know more please call or email and we will get back to you as quickly as possible.

0117 955 4545

Testimonial

“Hookway recently secured funding through CIF to install a new playground surface (MUGA) for our front playground to help improve the PE opportunities and safety aspects for the children. The children are over the moon about their new playground, and are already enjoying safer and more interesting playtime and sports lessons.”

“Hookway have been excellent and our English block looks and feels like a new building. ”

“We were excited to hear that we had secured the necessary funds to refurbish our tired building and, with the excellent support of Hookway, we now have a school that is fit for the twenty-first century! ”

News

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CIF OUTCOME - 2022/23

The Condition Improvement Fund (CIF) 2022/23 results have been announced and Hookway is delighted to have achieved a 75% success rate on bid applications.

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Block Rebuild - Ashcombe Primary School

Hookway overcame a CIF funding challenge for Ashcombe Primary School who had major concerns around the suitability, condition and safety of its two large teaching blocks.

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CIF bid applications 2023-24

The deadline is fast approaching for bid applications for CIF 2023-24. If you’re considering applying we can help you prepare your application ready to submit.

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