A developer bought a disused building for £400,000.00 (cost of land). The Developer’s intention was to demolish the building and construct 10 apartments comprises of 4nr 3 bedrooms and 6nr 2 bedrooms. Planning approval has been granted for the development. The client engaged the services of Construction consultants such as, Architect, Structural Engineer, Mechanical & Electrical Engineer, and Quantity Surveyor to design and procure the development and provide all necessary pre contract services. You are working for the Quantity surveying firm on the project. You are being asked to carry out the following tasks as part of the services your organisation is engaged to provide for the Developer on the project: 1.Propose a procurement strategy for the development.2. Using the BCIS, produce a budget/cost estimate for the project.3. Establish the financial viability of the proposed development. You are expected to prepare developer’s budget.4. Carry out financial risk assessment for the project. As part of your risk assessment, you are expected to recommend appropriate mitigating strategies. Risk register is expected to be produced.5. Produce a health and safety plan and identify the health and safety risks items associated with the construction phase. Assess the identified risks and recommend appropriate risk mitigating strategies.
