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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

“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.”

“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. ”

“Hookway really understand schools – including their needs and the financial pressure that they are often under - and we have a long-standing and very positive working relationship with the company.”

News

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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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Hookway secures £7.5 million worth of CIF bids for academy clients

We've helped over 30 academies secure a combined total of £7.5 million to address significant building condition needs.

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Welcome to Matt Beech, our newest recruit

Hookway’s team of Building Surveyors welcome Matt Beech, the company's newest recruit. Matt, a fully qualified building surveyor, started his career 'on the tools' and brings a wealth of experience to bear in his new role.

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