Client: Real Estate
Key challenges: Customer levied for upgrading utility infrastructure of brownfield site as their requirements exceeded available capacity for the given geography.
In summary:
A joint venture of financiers, owners and developers have been constructing iconic residential and commercial property in key urban developments.
Summary of the situation from a consultancy perspective:
Given the full financing cost of the project the utility infrastructure costs, although significant, we determined by working groups to be acceptable to make the land purchase and development feasible. With marginal competition in infrastructure markets the level of costs became imbedded in the project and all bids were using the same cost data. 3 years after the project completion we were instructed to audit site and off-site costs for infrastructure.
The solution mix and timescales:
| Activity | Duration |
| Desktop analysis from Consulting Engineer phase | 8 weeks |
| Site visit for measures and analysis | 2 weeks |
| Associated geographical and geospatial analysis | 3 weeks |
| Infrastructure providers contact | 12 weeks |
| Final report and sign off with customer | 2 weeks |
The outcomes for the client
- A refund of £865,000 on infrastructure charges to the initial owner.
- An annual reduction of £61,000 infrastructure charges to the leaser.