The project is a new build mixed-use development. The four storey building includes retail space and 18 No. apartments.
Achievements
- Achieved substantial savings of over $2,000,000 through considered Value Engineering to significantly increase the feasibility of the project
- extremely accurate estimating (e.g. estimates within <1.5% of tenders)
- mitigating significant risk relating to potential supply constraints and delays, through early procurement etc.
- meticulous tender evaluation and negotiation with the contractor to navigate and mitigate the burgeoning issues of cost escalation
- robust evaluation and defense of variation claims from the contractor
- leaving no stone unturned to assist in enabling the project to get off the ground.
- close collaboration with multiple financiers to enable development finance.
Location
The property is located at 423-427 Beach Road, Mairangi Bay, Auckland.
Consultants
Project Management: Quantum® PM
Quantity Surveying: Quantum® QS
Bank QS: Quantum® QS
Consent and Design Status
Programme - completed
Key Milestones - completed
Project Budget - completed
Resource Consent - granted
Preliminary Design - completed
Value Engineering - completed
Developed Design - completed
Building Consent - granted
Construction Start - August 2021
Construction Complete - TBC Jan2024
CCC - TBC
Programme
Construction duration approx. 29.5 months
Budget
Contract Price $18.7m (excl. GST)
Client Reference
- we have been engaged with Quantum for several years and find the service to be very professional and efficient
- They understand the drivers of the client and have been excellent at thinking laterally to problem solve... solutions-driven
- achieve over $2,000,000 of Value Engineering savings. We have found their QS estimates to be extremely close to the actual tenders received.
- risk mitigation input has been invaluable with tender evaluation, assessing supply chain, and other potential risks.
- always been keen to assist in all matters, even if they are outside their contracted brief. This is a refreshing attitude
- Quantum to be a “safe pair of hands” in a fast-moving construction environment where everyone is busy and needs to know things are being dealt with
Area Schedule
- Ground Floor - 1,352m2
- First Floor - 1,238m2
- Second Floor - 987m2
- Third Floor - 828m2
- Total Area - 4,405m2
