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A MAJOR TEACHING & RESEARCH HOSPITAL

Europe

Undertaking a cost-to-complete exercise on a major incomplete teaching and research hospital

Brief

HKA was engaged to undertake a cost-to-complete exercise on the incomplete teaching and research hospital. The detailed analysis required a collaborative approach by our building services engineers, quantum and delay consultants, who were based on site for a number of weeks.

Following an analysis of the findings, HKA acted as independent moderator to calculate termination compensation in accordance with the terms of the project surety bonds.

What we did

HKA’s building services engineers worked closely with mechanical, electrical and plumbing (MEP) sub-contractors engaged on the project in order to understand the status of works completed, what remained to be completed, and any other associated risks to time and/or budget.

Drawing on the findings of HKA’s technical experts, our delay and quantum specialists assessed the reasonable forecast completion date and final costs to complete the project.

Outcomes

HKA’s assessment under the surety bonds was accepted in full. The thoroughness of the analysis meant that the conclusions were not subject to challenge or further scrutiny by the bond providers own assessors.

Project Details
  • Client
    Confidential
  • Year
    2018
  • Value
    US$327 dollars
  • Services
    Engineering, Quantum, Multidisciplinary, Delay
  • Sectors
    Buildings