Projects

Medburn

Newcastle

Overview

Customer:

Medburn Property Company Ltd

Contract value:

£10m

Start date:

February 2018

Completion date:

October 2020

Sector:

Residential

Services:

Cost Consultancy
Employer's Agent

Description

Identity Consult were appointed in mid 2017 by the Medburn Property Company to undertake Employer’s Agent and Cost Management services to assist in the develop of a 50 unit executive private housing scheme.

The project is due to start onsite in February 2018 and will be built out to a sales programme to enable the Developer to manage sales risk and financial work in progress.

Identity Consult have developed flexible contractual mechanisms to allow the build rate to be increased or slowed depending upon sales interest, and the associated financial mechanisms to agree the costs associated with these programme changes.

The development contains approximately 8Nr house types ranging in size from 2000 to 2900sq/ft.