Project details
Project Value: £4.65m
Contract: JCT Standard Building Contract With Quantities
Role: Cost Consultant
Description
Demolition of existing buildings and construction of a new mainly shell and core Retail Units and Four Screen Auditoria Cinema in Cornhill Quarter, Lincoln
Function of the Building
The Cornhill Quarter entire re-development scheme aims to rejuvenate the area around Sincil Street, City Square and the Corn Exchange, Lincoln through a sensitive combination of repair, refurbishment, extension and new development.
This project involved the construction of a three storey building on an inner city site in Lincoln but generally only to a shell and core level. The second floor level is to be fitted out as a cinema and has a partial plant floor over at third floor level. The ground and first floor are to be retail units.
The current phase of works included a 4-screen Everyman Cinema and this new landmark building will complete one of the most attractive public squares in the City Centre. Providing 3,855 square metres in total with shop and restaurant units available to let all with mezzanine floors.
The new building is located opposite the existing landmark Corn Exchange building, facing onto Exchange Square, which will become a major meeting place containing seating and new stores in the total value of circa £4.65 million.
The new building is built with a three-storey glazed facade and a roof terrace bar and restaurant with views of the cathedral. Works also include some external works which connect into and align with major public realm works and associated drainage, also awarded to TCQ by the Client under a separate contract.
Nature of Involvement
TCQ were appointed to provide traditional Quantity Surveying services on behalf of the Client at both Pre Contract and Post Contract Stages, including preparation of full Bills of Quantities. Our commission also included preparation of feasibility studies and cost plans, pre-tender estimate, preparation and issuing of tender documents, tender appraisals and value engineering, contractor negotiations and reconciliation of cost budgets, preparation and issuing of contracts, cost reporting and agreement of variations, monthly meetings and valuations and preparation and completion of the Final Account.
The works were to be carried out under a standard JCT Standard Building Contract With Quantities
Project Performance
The Client for the project was Banks Long and Co acting for the Lincolnshire Cooperative under the banner of Lincoln Corn Exchange & Markets (1991) Limited.
Due to delays to the programme and Client Variations, additional costs were encountered which were all resolved in a timely manner with the appointed contractor meaning that the final costs were kept within the budget as set by the Client.