PBC Showcases Change of Use Expertise

Posted on July 26th, 2021 by liz

Planning policy for Change of Use from commercial to residential properties has created many opportunities for lenders, commercial landlords and property developers, and there are further changes that have been implemented over the past year.

PBC ‘s Building Consultancy, Project Management and Cost Consultancy divisions have worked on many of these projects, advising clients on their redevelopment plans.  Read more here:

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PBC Wins Exciting North London Redevelopment Project

Posted on July 26th, 2021 by liz

PBC’s proven track record and experience in delivering complex cut and carve refurbishment schemes has secured the instruction from Atlas Property Letting & Services Ltd for its prestigious refurbishment and new build project on Pentonville Road and Kings Cross Road in North London.

The joint offering of PBC’S Project Management and Cost Consultancy teams will add value both to the project and client, with PBC appointed to provide Project Management, Employer’s Agent and Contract Administration services for this exciting scheme.

The 30,914 sq. ft. refurbishment, and part new build CAT A project, will include the partial demolition of 233-239 Pentonville Road and 241-243 Pentonville Road, and the internal walls and ground floor rear elevation of 172-176 King’s Cross Road, retaining only their primary and some secondary façades. This will provide refurbished office space on newly connected floorplates, including a new basement level and additional roof storeys on both Pentonville Road properties, creating one six-storey and another four-storey building.

Three previous planning applications had been rejected on the project, as the properties are adjacent to a Listed church.  The site is also flanked on both sides by a double red route, which creates logistical challenges, and the works to create the new basement are immediately above existing Thames Water and Transport for London assets.

The scheme is due for completion in Q2 2024, so we will post regular updates throughout this exciting and challenging project.

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PBC’s Project Management Team Announces Two New Appointments

Posted on July 26th, 2021 by liz

PBC is delighted to announce the appointment of two new additions to its Project Management team.

Senior Project Manager Tamsin Parker holds a wealth of experience in the refurbishment and fit-out of commercial offices. Her particular strengths focus on project delivery through all stages of the project lifecycle including feasibility, brief, design, procurement, construction and handover. Tamsin has gained experience successfully delivering a variety of projects within the private sector for global corporations where she has built a successful track record, as well as significant experience managing multi-disciplinary project teams and key client stakeholders where she adds value in her ability to build and maintain relationships. Her willingness to listen, collaborate and provide workable solutions ensures successful delivery of her projects.

Assistant Project Manager Harleen Lyall has over 6 years’ experience working in Project and Programme Management and has worked with clients both in the public and private sector.  She has experience across a range of small to large projects, and has successfully delivered residential, retail and workplace fit-outs. Harleen also has robust knowledge of project governance such as dashboard reporting, change control and risk management.

Commenting on the new appointments, Director of Project Management Glenn Wright said: “PBC’s Project Management portfolio is continuing to grow, with a number of high-profile, blue-chip projects in the pipeline across a number of sectors. Tamsin and Harleen are therefore joining us at a very exciting and busy time, and I am delighted to welcome them to the team.”

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PBC Materials Cost and Delivery Lead Times Commentary

Posted on June 8th, 2021 by liz

 

MATERIALS DELIVERY LEAD TIMES

Materials:
The increase in construction activity, and the shortage of key materials, has led to an increase in costs from 2020 – 2021.

The ONS reports a change year on year on general material prices from April 2020 to April 2021 of 8.4% across all work sectors. BCIS report the general material price change at 2.8% to Q1 with their forecast being out at 5.2% year on year by Q4 2021, with the increase peaking in Q3 at 6.4%.

There will continue to be fluctuations in individual materials listed above and this will be reflected in pricing of new work as well as existing projects where contractors are seeking to recover material price increases from projects previously tendered and procured, as the actual cost from their supply chain is pushed up the line.

Based on the above, we would recommend a materials price inflation uplift be applied to cost plans or future works costs at between 2% – 4% depending on the anticipated start on site date.

Tender Prices:
Through 2020 and the worst of the Covid pandemic tender prices fell year on year to -2.1% at Q1 2021. The outlook however for the rest of 2021 and beyond sees a recovery in activity and in turn a rise in tender prices is forecast.

Currently BCIS TPI forecast shows an increase year on year to 2.4% by Q4 2021 rising from -1.8% in Q2 to 0.6% in Q3. Other industry indices are less bullish with their forecasts which range from 0% to Q4 2021 (Arcadis); 0.8% to Q4 2021 (Aecom) and 0.5% to Q4 2021 (G&T).

Noting the increases in materials, construction sector activity and contractors requesting cost increases on paused or current live projects, we would forecast a tender inflation of around 2% for the year, which should again be factored in to cost plans or estimates with a Q4 start date or beyond.

For more information, or to discuss how PBC’s Cost Consultancy team can assist your project, contact Chris Jones, Director of Cost Consultancy, on M +44 (0)7552 242 311 T +44 (0)20 3478 0631  E: cjones@pandbc.co.uk

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Did you know …

Posted on May 4th, 2021 by liz

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Did you know ….

Posted on April 20th, 2021 by liz

Find out about other heritage and conservation building projects we have completed here.

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Posted on April 9th, 2021 by liz

Find out more about our Party Wall and Neighbourly Matters expertise here.

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PBC Welcomes Jim Heatley to PM Team

Posted on April 1st, 2021 by liz

PBC is delighted to announce the appointment of Jim Heatley, who joins its Project Management team as Associate Director.

Jim is both a chartered construction manager and project manager specialising in both occupier and building owner construction and refurbishment projects. He brings substantial consultancy experience, along with a successful track record of project delivery in the commercial, technology, media and telecoms, banking and finance, and hospitality and leisure sectors.

Commenting on the new appointment, PBC Managing Director Paul Philips said: “Jim is joining our growing Project Management team at a very exciting and busy time, and we are delighted to welcome him on board.  He brings with him proven project delivery experience in in the private, infrastructure and public sectors, and his particular strengths in leading multi–disciplinary teams will ensure that our clients, and their projects, continue to achieve the best outcome, every time.”

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Did you know …

Posted on March 31st, 2021 by liz

Find out more about out Cost Consultancy expertise and recent projects here:

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Did you know

Posted on March 18th, 2021 by liz

Read PBC’s feature in The Parliamentary Review magazine here.

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Did you know ….

Posted on March 8th, 2021 by liz

Find out more about our SKA capabilities for commercial fit-out projects here.

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Did you know …

Posted on March 1st, 2021 by liz

Find out more about our monitoring capabilities for office to residential conversion schemes here.

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Did you know …

Posted on February 17th, 2021 by liz

Find out more about our extensive project monitoring capabilities for student accommodation developments here.

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Posted on February 8th, 2021 by liz

Find out more about our most recent MSA project management capabilities here:

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PBC Showcases Cost Consultancy Successes

Posted on February 2nd, 2021 by liz

Since it was established at the end of 2019, our Cost Consultancy Department has been busy providing expert advice on a number of flagship projects for both existing and new clients.

Throughout the Covid-19 restrictions, our team has ensured that the financial impact on completed and ongoing projects have been successfully mitigated. This includes ensuring close cost control at all stages, by undertaking renegotiation of contractor contracts where appropriate, and by providing professional cost advice to funds and other lenders. At the front-end, the team has also been supporting clients seeking investment opportunities by providing accurate feasibility costs and cost options, which are essential in assessing the viability and acquisition of new assets and investments.  Read our Cost Consultancy Showcase E-newsletter here: https://bit.ly/2YC5JRp

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Did you know ….

Posted on January 20th, 2021 by liz

Find out more about our residential development capabilities here:

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Did you know ….

Posted on January 6th, 2021 by liz

To find out more click here.

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Posted on December 21st, 2020 by liz

Check out career opportunities at PBC here!

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Did you know …

Posted on December 9th, 2020 by liz

To find out more about our Project Management capabilities click here.

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Did you know …

Posted on November 26th, 2020 by liz

For more information about our development projects for banks and funders click here:

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Did you know ….

Posted on November 19th, 2020 by liz

To find out more about our office refurbishment projects click here.

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Did You Know ….

Posted on November 10th, 2020 by liz

To find out more about our Technical Due Diligence and Building Surveys expertise click here.

 

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PBC Welcomes New Head of its Project Management Division

Posted on October 5th, 2020 by liz

PBC is delighted to announce the appointment of Glenn Wright as Head of its Project Management Team. As a former Director of Colliers International, Glenn brings a wealth of experience to PBC across many property sectors, with particular focus on commercial property.

A chartered surveyor with over 16 years’ experience in Real Estate, Glenn has a proven track record for successfully delivering a wide range of complex and challenging schemes in the UK, as well as mainland Europe. His experience as lead Project Manager extends to commercial, industrial, logistics, retail, education and residential sectors, as well as Loan Monitoring. Project Management and Contract Administration duties for redevelopment, refurbishment and fit-out projects on behalf of developers, owner occupiers, property funds, investors and global media companies across the private sector are a particular specialism in more recent years.

Glenn will lead PBC’s growing Project Management team, which has continued to successfully deliver high-end residential and prestigious commercial and industrial projects throughout the Covid-19 pandemic. Working within the Government’s, and client’s, safety guidelines the team has created and implemented new working practices that have ensured ongoing projects have been completed, many still on programme and on budget.

Commenting on his appointment, PBC Managing Director Paul Philips said: “Since our Project Management Division was launched in 2006, it has gone from strength to strength and, despite the considerable challenges of the recent pandemic, we have continued to deliver high quality projects for clients. We are delighted that Glenn has joined us to head up this growing division of our business, and we look forward to further developing our PM capabilities both in the UK and internationally under his expert guidance.”

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PBC’s Paul Philips appears in Leaders Council podcast alongside Sir Geoff Hurst

Posted on July 27th, 2020 by liz

John Nassari Photography

The Leaders Council of Great Britain and Northern Ireland is currently in the process of talking to leadership figures from across the nation in an attempt to understand this universal trait and what it means in Britain and Northern Ireland today.

PBC’s Managing Director Paul Philips was invited onto an episode of the podcast, which also included an interview with Sir Geoff Hurst. Host Matthew O’Neill asked both guests a series of questions about leadership and the role it has played in their careers to date.

In particular, Matthew asked Paul how PBC has fared throughout the Covid-19 lockdown, and what has been the impact on both the company and the construction sector in general: “PBC has continued to work for its clients throughout the pandemic lockdown, albeit within stringent Government guidelines.  It has been challenging but our teams have managed their projects via online meetings and through carefully managed site visits.  We have delivered a number of finished projects, but it is no surprise that some of our clients have decided to put planned development schemes on hold temporarily.

“Going forward, there are opportunities for our teams to assist companies with their workplace readiness plans, to downsize their office space requirements or to help navigate the Government’s relaxation of planning restrictions regarding change of use.  The future is definitely going to be challenging, but we have the right expertise and the right people to make the most of these opportunities.”

Matthew O’Neill commented, ‘Hosting a show like this, where you speak to genuine leaders who have been there and done it, either on a national stage or within a crucial industry sector, is an absolute honour.’

Lord Blunkett, chairman of The Leaders Council of Great Britain and Northern Ireland said, ‘I think the most informative element of each episode is the first part, where Matthew O’Neill is able to sit down with someone who really gets how their industry works and knows how to make their organisation tick. Someone who’s there day in day out working hard and inspiring others. That’s what leadership is all about.’

You can listen to the podcast in full here: https://youtu.be/xxMnjWME860

You can also discover more about Paul Philips here:

http://www.leaderscouncil.co.uk/members/paul-philips

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PBC Industrial and Distribution Showcase

Posted on July 21st, 2020 by liz

PBC specialises in providing a wide range of services for industrial and distribution projects including Project Management, Contract Administration, Employer’s Agent and Cost Management Services as well as pre-lease Technical Due Diligence and landlord and tenant works monitoring.

Click here to see just a few of the successful projects we have undertaken for clients.  https://mailchi.mp/5d460464d830/pbc-industrial-distribution-showcase

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