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 was entirely ‘self-sufficient’ as far as the school leaders were concerned, apart from pre-agreed meetings/decisions along the way, and the building was completed to a very high spec in a safe and efficient way. We would have no hesitation in recommending Hookway to other schools.”

News

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Hookway helping house builders across the board

Ground-breaking research released by the National Housing Federation shows that England’s total housing need backlog has reached four million homes.

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Build up, not out! Vertical thinking could be the answer

Faced with increasing numbers a School in Cumbria approached Hookway to investigate the financial viability of building an extension to house three much needed additional classrooms.

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Exhibiting at the London Academies Show

We had a fantastic and busy day at the recent Academies Show in London. We chose to exhibit at this show in particular as it attracts over 300 attendees allowing us the opportunity to talk directly to some key representatives...

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