City faces 15m pounds sterling overrun on Guildhall
Article Abstract:
An archaeological dig hampered progress on City Corp's Guildhall Yard office and museum project in London, England, and further problems have been caused by the collapse of DY Davies, the architectural firm working on the project. The scheme was originally budgeted to cost 55 million pounds sterling, but this could now rise to up to 70 million pounds sterling. It is set for completion in Apr 1998, six months behind schedule. Contractor Mowlem plans to claim up to 7 million pounds sterling after having suffered delays.
Publication Name: Building
Subject: Construction and materials industries
ISSN: 0007-3318
Year: 1997
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D&B shackles claim second victim
Article Abstract:
The procurement system created by Capital and Counties, the developer and project manager for insurance concern Sun Life, has caused considerable problems with Amec's work on a headquarters building in Bristol, England, for Sun Life. Amec agreed to a strictly controlled develop-and-construct form of contract, in which a lump sum price was fixed. It now claims to have made losses of up to 5 million pounds sterling, and the project will be completed five months late.
Publication Name: Building
Subject: Construction and materials industries
ISSN: 0007-3318
Year: 1996
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Return to spender: city boom
Article Abstract:
Business for developers, architects, quantity surveyors and contractors within the M25 is currently good, with prospects for further business. There is currently 300,000 m2 of office space under construction in the City with planning permission for a further 1.3 million m2. New tenant demand has been created by mergers in the financial sector and the relocation of US and European banks.
Publication Name: Building
Subject: Construction and materials industries
ISSN: 0007-3318
Year: 1996
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