Posted on June 17th, 2022 by liz
PBC’s June 22 Materials Cost Commentary and Lead Times Review
PBC’s expert Cost Consultancy Team has issued it’s latest update on current materials costs and lead times. The full review is available to read here: https://bit.ly/3tHh16O
Posted in Insights, Latest, News |
Comments Off on June 2022 Lead Times and Cost Commentary Review
Posted on June 6th, 2022 by liz
Kyron Staines has joined PBC’s growing team as Senior Project Manager.
Kyron is a qualified Project and Development Manager with an architectural background. He has worked in a range of different sectors, within both consultancy and housebuilding, and is experienced within the retail banking and commercial, residential, later living and education sectors. He specialises in Project Management, utilising his architectural expertise to achieve client objectives.
Welcome to the PBC team!
Posted in General, Latest, News |
Comments Off on PBC Welcomes Kyron to its PM Team
Posted on May 30th, 2022 by liz
PBC is delighted to announce the appointment of Chris Jones to its Board of Directors.
Chris heads the company’s Cost Consultancy Team, which was launched just over three years ago. Since that time, he has significantly grown his department from a standing start to a team of four, and has more than doubled its fee income and profitability. Chris has also contributed to the growth of the business with several strategic new staff introductions across the company to further expand PBC’s excellent team.
Posted in General, Latest, News |
Comments Off on Chris Jones Appointed to PBC Board
Posted on May 24th, 2022 by liz
A huge well done to Team PBC who took part in the property industry’s Land Aid 5k and 10k races in Regent’s Park. Land Aid aims to bring the property industry together to support charities delivering life-changing services for young people who are or have been homeless, or who are at risk of homelessness in the future.
Congratulations to the five PBC athletes (main picture from left to right) Robbie Brightman, Chris Jones, Chantel Stead, Jim Heatley and Kyron Staines, for putting on their running kits and trainers to support this very worthwhile charity!
Posted in Latest, News |
Comments Off on Team PBC Races for Land Aid
Posted on May 13th, 2022 by liz
It’s the UK’s Mental Health Week and PBC is pleased to shine a spotlight on our Associate Director, Richard Wild who is the company’s Mental Health and Wellbeing Champion.
This role means that Richard leads our initiative to provide support to anyone within our PBC team who may experience mental health issues. Richard is ably assisted in this role by our Senior Project Manager, Tamsin Parker, who has had previous experience championing Mental Health and Wellbeing.
Mental health and wellbeing is particularly important post-pandemic with many people adopting flexible working patterns and continuing to partly work from home, and technology allowing more online rather than face-to-face contact. As loneliness has been identified as a key driver in poor mental health, the PBC Board is committed to providing this vitally important help and support in the workplace.
https://mentalhealth-uk.org
Posted in General, Latest, News |
Comments Off on PBC Shines a Spotlight on Mental Health
Posted on April 5th, 2022 by liz
PBC is delighted to announce the appointment of two new members of its growing team.
Chantel Stead has joined PBC’s Building Consultancy Team as a Senior Building Surveyor. She is an MRICS Chartered Building Surveyor with an MSc in Building Surveying and a BA(Hons) in Architecture, and has extensive experience predominately within the commercial property sector. At PBC Chantel will be providing contract administration services for the company’s key landed estate and commercial clients, as well professional services including technical due diligence and dilapidations advice.
Robbie Brightman is a trainee Quantity Surveyor who has joined PBC’s Cost Consultancy Team providing further depth of support for this fast-growing division. Robbie brings with him experience in commercial and industrial projects will be further developing his skills and experience within a busy consultancy while also continuing his studies to become a qualified Quantity Surveyor.
Welcome both to the PBC team!
Posted in General, Latest, News |
Comments Off on PBC Welcomes Two New Team Members
Posted on March 18th, 2022 by liz
PBC is delighted to announce that it has been awarded the prestigious Carbon Neutral Plus accreditation for its business practices. This acknowledges that the company is at the forefront of helping to combat climate change and sustaining the environment for future generations.
Over the past year PBC has offset 19 tonnes of carbon dioxide, which recognises not only the company’s support of a global portfolio of verified carbon reduction projects through its day-to-day business practices, but also the commitment of staff to its sustainability goals.
The accreditation has been awarded by Carbon Footprint Ltd, who help businesses to support environmental change by reducing their environmental impact and minimising their carbon emissions. The company also financially supports UK projects, by reinvesting a proportion of the profits the business makes. This includes projects such as Combined Heat & Power (CHP) and Biomass to help decarbonise the country.
Receiving the accreditation certificate, PBC Managing Director Paul Philips said: “We are particularly pleased this year to receive this enhanced accreditation. Achieving Carbon Neutral Plus status is an amazing achievement, and I would like to thank not only our staff but also our clients for supporting us and our sustainability goals over the past year.”
Posted in General, Latest, News |
Comments Off on PBC Awarded Carbon Neutral Plus Accreditation
Posted on February 11th, 2022 by liz
PBC kicked off the 2022 Six Nations Rugby Season in style at a celebrity lunch hosted by some of the sports’ biggest names.
The lunch, which took place at The Londoner Hotel in Leicester Square, saw past captains and players talking about their careers and giving their predictions for the tournament .
Former London Wasps and England winger Damian Hopley was joined by Scotland’s John Barclay, England’s Dylan Hartley, Wales’ Shane Williams and Ireland’s Rory Best on the stage.
PBC’s PM team hosted a table and welcomed a number of ‘rugby fan’ clients. A great time was had by all, and team PBC is now looking forward to another exciting Six Nations tournament!
Posted in Latest, News |
Comments Off on PBC Kicks Off Rugby Six Nations in Style!
Posted on January 4th, 2022 by liz
Following completion of the initial two enabling works phases of the 66,000 sq ft Cat A refurbishment of 9 Prescot Street, PBC has now completed the tender process for this art-deco style building on the City’s fringe. PBC was appointed to Project Manage the proposed alterations and refurbishment works and, following a competitive tender, BW was appointed as the main contractor.
Works on site will commence soon, with a completion date early in 2023. Once finished the building will be BREEAM Excellent, WiredScore Platinum, CycleScore Platinum and with have an EPC A Rating.
This is an amazing project for the PBC to be involved in alongside a superb team which includes the client team from CLS Holdings Ltd, Quantem Cost Consultants, Buckley Grey Yeoman Architects, MEPH specialist Norman Disney & Young, Structural Engineer Watermans and CDM will be provided by Socotec.
Posted in Latest, News |
Comments Off on 9 Prescot Street Project Update
Posted on December 6th, 2021 by liz
Following our market update in May, the industry continues to face build cost inflationary pressures as well as long lead times for key materials. These pressures are having a direct effect on projects with both main contractors and their supply chains finding it challenging to resource sites with materials and, in some cases, key trade labour.
Forecasts predict these issues will last for the rest of this year and push into 2022, with the knock-on effect of the pandemic, Brexit, fuel and energy costs and the shortage of haulage drivers all affecting the market.
The issues are further exacerbated by an increase in construction output across most sectors, which has put an even greater pressure on material supply and demand. Construction output has significantly increased as the industry rebounds from the worst effect of the pandemic, but although output has not yet returned to pre-pandemic levels, the output to Q3 2021, as reported by the ONS, is 45% higher for infrastructure and 26% higher within the private commercial sector.
Not all sectors have seen increases, however. It is reported that the house-building industry has suffered significantly because of the Covid pandemic, with completion of new housing down by circa 11% from 2020.
To read the full Cost Commentary, which details materials and tender price increases, as well as delivery lead times click here: https://bit.ly/31yKWTE
Posted in Insights, Latest, News |
Comments Off on PBC LEAD TIMES AND COST COMMENTARY NOVEMBER 2021
Posted on November 8th, 2021 by liz
22 Shad Thames is the iconic building in Butler’s Wharf once home to design guru Sir Terence Conran. Completed by Michael Hopkins and Partners in 1991 as a showroom, office and apartment for the late silversmith and designer David Mellor, it was subsequently occupied by Sir Terence and later his practice Conran and Partners from the late 90s to 2020 when the asset was acquired.
PBC has been appointed by Lateral Investment Management to provide project management and cost consultancy services for internal refurbishment of the space to CAT A + standard across all five floors of office space. The work also includes a proposed extension, the installation of a new lift and MEP systems, as well as the redesign of common ‘social’ areas.
Due to the listed status of the building, Lateral has worked hard to ensure a sympathetic design that makes the original features shine, while ensuring a modern sustainable and high quality interior design and fit-out. Work is due to start by the end of 2021.
Lateral is a rising and fast-growing investment management firm, based in London with schemes also underway in Oxford. 22 Shad Thames will be the company’s flagship office asset and is due for completion in 2022.
Posted in Latest, News, Project Management |
Comments Off on Iconic Conran Building to be Repurposed Sympathetically as Smart Offices
Posted on September 17th, 2021 by liz
Thank you to everyone who joined us at our 20th Anniversary Party. For those of you who were unable to attend we look forward to celebrating with you another time!
Posted in General, Latest, News |
Comments Off on PBC Celebrates 20 Years in Business!
Posted on September 2nd, 2021 by liz
Despite the Covid-19 pandemic continuing to impact the commercial property sector, PBC’s Building Consultancy Team has been busy fulfilling requests from clients for Pre-Acquisition and Technical Due Diligence Surveys. Investment opportunities are still being seriously considered across all property sectors, and PBC’s expertise has been in high demand.
Here are just a few of the projects we have completed recently:
- 20,000 sq.ft. retail premises with development potential on Chiswick High Road – Technical Due Diligence Report for inclusion in Vendor’s Pack for a prime food store investment in an affluent London suburb
- Six site portfolio of office buildings in Greater London and the Home Counties ranging from 30,000 to 100,000 sq.ft. – Pre-Acquisition Surveys and Peer Reviews of Vendor’s Reports
- The Conran Building – Pre-Acquisition Survey of the iconic 20,000 sq.ft. premises in Shad Thames, London
- Light Industrial – Technical Due Diligence and Pre-Acquisition Survey of site in Brentford with potential for redevelopment
- Trinity House, Oxford – Pre-Acquisition Survey and Dilapidations Advice for a 26,000 sq.ft. office building
Read our e-newsletter: https://bit.ly/2YoXMCp
Posted in General, Insights, Latest, News |
Comments Off on Unprecedented Demand for PBC’s Pre-Acquisition Survey 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:
Posted in General, Insights, Latest, News |
Comments Off on PBC Showcases Change of Use Expertise
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.
Posted in General, Latest, News, Project Management |
Comments Off on PBC Wins Exciting North London Redevelopment Project
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.”
Posted in General, Latest, News |
Comments Off on PBC’s Project Management Team Announces Two New Appointments
Posted on June 8th, 2021 by liz
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
Posted in Insights, Latest, News |
Comments Off on PBC Lead Times Review
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
Posted in General, Insights, Latest, News |
Comments Off on PBC Materials Cost and Delivery Lead Times Commentary
Posted on May 4th, 2021 by liz
Posted in General, Latest, News |
Comments Off on Did you know …
Posted on April 20th, 2021 by liz
Find out about other heritage and conservation building projects we have completed here.
Posted in General, Latest, News |
Comments Off on Did you know ….
Posted on April 9th, 2021 by liz
Find out more about our Party Wall and Neighbourly Matters expertise here.
Posted in General, Latest, News |
Comments Off on Did you know ….
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.”
Posted in General, Latest, News, Project Management |
Comments Off on PBC Welcomes Jim Heatley to PM Team
Posted on March 31st, 2021 by liz
Find out more about out Cost Consultancy expertise and recent projects here:
Posted in General, Latest, News |
Comments Off on Did you know …
Posted on March 18th, 2021 by liz
Read PBC’s feature in The Parliamentary Review magazine here.
Posted in General, Latest, News |
Comments Off on Did you know
