- Sep 15, 2007
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It sounds as if they have adopted a "construction management" procurement approach. That would be consistent with earlier statements and also with the already-let £49m structural contract.
Instead of appointing a general contractor, who procures all the specialist contracts at their own risk and adds (say) 10% "profit and attendance" to the lot, you appoint a firm to manage the project. They do the work in arranging the subcontracts, but the individual packages are contracted directly between the main employer (THFC's development company) and the specialist contractors. The construction manager gets paid a fee for services rendered, rather than a contract price for the whole building. The fee would probably include incentives related to out-turn price, quality and completion on schedule.
Advantages: it costs less and you retain better control over detail and quality than if you appoint a design-and-build contractor. Disadvantages: greater financial risk and a hell of a lot of work. Personal opinion: this will make it easier to produce a better building than a design-and-build contract.
Thanks David
Should we read anything into the timing of the appointment - almost 3 weeks before Harringey's planning meeting - perhaps that whilst there are still a few bits to be 'negotiated' with the planners, that we are expecting to get a reasonable amount consented to such that Mace can get going wit arranging a number of tenders and appointing various sub contactors ?
And even to make a point to Harringey - look we are ready to build the stadium, only thing left is the planning consent