Construction News
02/10/2017
Big Ben Refurb Cost Jumps To £61m
The cost to refurbish the Big Ben tower clock in London has more than doubled in price to over £60 million, it has been revealed.
With Sir Robert McAlpine being confirmed as the contractor for the project, the scheme's cost has rocketed from its original £29m valuation to £61m.
The new costs figure follows 16 months of detailed analysis of the work required to refurbish the Elizabeth Tower and Great Clock.
Reasons for the increased costs include an increased understanding of what work is needed. A lot more information is now known about the condition of the stonework following a further stone survey undertaken after the initial estimate. With the design having gone through a Detailed Design and Technical Design process, the company now understands the extend of the refurbishment work required throughout the Elizabeth Tower.
In addition, it was found that the processes for completing the works was more complex, and therefore more expensive, than previously thought. Examples include re-glazing the clock faces, stripping and repainting metal work within the tower, and the associated sequencing which the works can be completed to ensure a high quality of workmanship: the gilding cannot be completed until all the stripping and repainting of the metal work has been completed.
Ground conditions at the site have also proved to be more complex than anticipated and will require additional work. As an example, the quantity of utility services discovered in the ground in Speaker’s Green and New Palace Yard, was greater than what had previously been identified through the surveys and historic record information. This meant that further ground works were required to support the weight of the scaffolding.
Overall, the total cost of the project, including VAT, Risk and Optimism Bias and the transferred fire safety work costs, is therefore now estimated at £61m as opposed to £29m as estimated in spring 2016.
In a statement, the Clerk of the House of Commons, the Clerk of the Parliaments and the Director General said they acknowledge there have been estimating failures.
"In advance of tendering contracts, the initial high level estimates were set at a lower level to avoid cost escalation from the market," the statement said.
"Subsequent estimates, using better data and more extensive surveys, better reflect the true likelihood of the costs. We believe that we now have a more accurate estimate of the cost of the works and will report regularly to the committees on the progress of work."
The authorities of both Houses had already agreed to an internal audit review of progress on the Elizabeth Tower project, and this will now include analysis of the reasons for the increase in estimated costs.
(LM)
With Sir Robert McAlpine being confirmed as the contractor for the project, the scheme's cost has rocketed from its original £29m valuation to £61m.
The new costs figure follows 16 months of detailed analysis of the work required to refurbish the Elizabeth Tower and Great Clock.
Reasons for the increased costs include an increased understanding of what work is needed. A lot more information is now known about the condition of the stonework following a further stone survey undertaken after the initial estimate. With the design having gone through a Detailed Design and Technical Design process, the company now understands the extend of the refurbishment work required throughout the Elizabeth Tower.
In addition, it was found that the processes for completing the works was more complex, and therefore more expensive, than previously thought. Examples include re-glazing the clock faces, stripping and repainting metal work within the tower, and the associated sequencing which the works can be completed to ensure a high quality of workmanship: the gilding cannot be completed until all the stripping and repainting of the metal work has been completed.
Ground conditions at the site have also proved to be more complex than anticipated and will require additional work. As an example, the quantity of utility services discovered in the ground in Speaker’s Green and New Palace Yard, was greater than what had previously been identified through the surveys and historic record information. This meant that further ground works were required to support the weight of the scaffolding.
Overall, the total cost of the project, including VAT, Risk and Optimism Bias and the transferred fire safety work costs, is therefore now estimated at £61m as opposed to £29m as estimated in spring 2016.
In a statement, the Clerk of the House of Commons, the Clerk of the Parliaments and the Director General said they acknowledge there have been estimating failures.
"In advance of tendering contracts, the initial high level estimates were set at a lower level to avoid cost escalation from the market," the statement said.
"Subsequent estimates, using better data and more extensive surveys, better reflect the true likelihood of the costs. We believe that we now have a more accurate estimate of the cost of the works and will report regularly to the committees on the progress of work."
The authorities of both Houses had already agreed to an internal audit review of progress on the Elizabeth Tower project, and this will now include analysis of the reasons for the increase in estimated costs.
(LM)
17/01/2025
Leeds Trinity University has officially opened its newly refurbished City Campus at 1 Trevelyan Square in Leeds.
Completed by GRAHAM Interior Fit-Out, the transformation of the central Leeds site introduces state-of-the-art facilities designed to improve learning and collaborate with industry partn
17/01/2025
Trammell Crow Company (TCC) has secured planning permission for a Grade A logistics scheme in Heywood, Greater Manchester, following a successful planning appeal.
The development will feature two state-of-the-art industrial and logistics buildings. One building will house two units measuring 4,796
17/01/2025
Poole-based developer AJC Group has celebrated a record-breaking 2024, delivering 100 affordable homes, a significant increase from the 72 units completed in the previous year.
Since 2023, AJC Group has completed and handed over 172 affordable homes across five sites.
In 2024 alone, the developer
17/01/2025
Plans for one of the most ambitious parks projects in London have taken a significant step forward, with Haringey Council securing nearly two additional acres of land around The Paddock nature reserve in Tottenham Hale.
The agreement with Thames Water marks a major milestone in the transformation o
17/01/2025
Islington Council has unveiled two draft guidance documents aimed at helping residents, businesses, and developers combat climate change by making buildings more energy efficient and fostering a greener, healthier borough.
The consultation seeks feedback on the draft Climate Action Supplementary Pl
17/01/2025
The City of Wolverhampton Council has unveiled a £98 million investment plan over the next five years to develop around 500 new homes across the city.
The proposal, part of the Housing Revenue Account (HRA) Business Plan, received Cabinet approval this week and now moves to Full Council for final
17/01/2025
Croydon Council has announced a significant milestone in the redevelopment of the Purley Pool site, with revised proposals submitted for a new leisure centre, later living housing, and the regeneration of the surrounding area.
A planning application for the site was initially submitted in 2024, pro
17/01/2025
The City of Wolverhampton Council has announced that demolition work has commenced on the New Park Village estate, marking the start of a major £40 million redevelopment project to transform outdated council housing.
Contractor DSM Demolition has begun pulling down poor-quality bungalows on Valley
17/01/2025
Hillingdon Council has acquired 12 new homes at Carpenters Court in Uxbridge.
Leader of Hillingdon Council, Cllr Ian Edwards and Cllr Steve Tuckwell, Cabinet Member for Planning, Housing and Growth, visited the site to officially mark the handover of the properties from local developer Kearns Devel
17/01/2025
Organisers of UK Construction Week (UKCW) have announced another major coup for the show's 10th anniversary year, with the news that UKCW London will be co-locating with the 14th edition of The Stone Show & Hard Surfaces, the principal industry event for surface design.
Established 26 years ago, th