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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?

 

Testimonial

“We had to prepare and construct additional facilities, within two terms, to accommodate a child with severe and profound needs. The initial task seemed totally overwhelming, however Hookway took on the role of project managing the nearly £100,000 extension and enabled school life to continue with very few changes. ”

“This year we had two bids totalling over a one million pounds for Lawn Manor. Our new boilers and plant, and new roof projects have gone completely smoothly, safely and within budget.”

“Hookway have been fantastic for us, they have prepared all of our bids and CIF has made huge difference to our buildings over recent years. ”

News

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Celebrating a successful 50 year partnership with The Diocese of Bristol

At Hookway we take great pride in the enduring nature of the relationships that we have with clients. An outstanding example would be the 50-year partnership that we have with The Diocese of Bristol.

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Over £12 million CIF secured for 45 academies in 2020

Hookway has successfully secured over £12 million in Condition Improvement Funding (CIF) in 2020 for 45 delighted academies.

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Hookway delivers CIF projects in time for the new school year

Over the past months Hookway's surveyors have been working on numerous condition improvement projects, ensuring that all work is completed in time for the start of a new academic year.

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