Symonds and its phenomenal strike rate; a project manager that knows how to win government contracts

Article Abstract:

UK quantity surveyors Symonds PLC has been successful in obtaining 3 major 1992 government building projects. One of the projects is the designing and building of the new Ministry of Defence offices in Bristol at a cost of 150 million pounds sterling. Partner Nigel Cox believes that Symonds offers a better service than other practices. Symonds business is divided equally between the private and public sector. It earns 10 million pounds sterling in fees from UK contracts and up to 2 million pounds sterling in fees from overseas defence contracts.

Construction, Building, Project cost estimation, Symonds Engineering PLC

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The max factor

Article Abstract:

Many clients are now putting construction contractors under pressure to agree to contracts which state a guaranteed maximum price. In this way, the risk for cost and time overruns is shifted from the client to the contractor, while the client retains control over design. Such an approach can bring benefits for both clients and contractors, but must be handled very carefully. Refurbishment is the most risky area in which to use such a contract, while new-build projects are less risky.

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Wedded bliss

Article Abstract:

Steel contractor, Caunton Engineering's partnership with Balfour Beatty for the construction of a Scotland-based HQ for a media company is one of an increasing number of partnerships between construction companies and clients. According to David Bingham of Caunton, steel fabrication costs could be halved with increased partnering. Around 25% of Caunton's 11 million pound sterling revenue is accounted for by three partnerships. The concept is discussed further.

Management, Steelwork, Caunton Engineering

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