That time again where we track one of our projects through the construction process. We are currently working on a large renovation in Balgowlah Heights involving a complete refit of the existing structure along with front and rear additions. We are very excited about the potential of this one. Working with a switched on builder and a client who understands the process always makes things enjoyable.
To date we have completed most of the demolition, some remedial underpinning works and new structure is starting to commence.
A very simple message this week. It is likely, even with a lump sum contract in place that there will be cost and time variations in any build. These variations can be unforeseen circumstances or client driven changes, and more rarely omissions in documentation.
We always advise clients to have access to around 5% in addition to the contract sum available for variations should they arise. With good documentation and a well managed process variations can be limited and in some cases can be in the owners favour (if you have a good architect keeping an eye on scope changes :)). In all our recent work where we have administered the contract the variations have been well within 5%.
Watch this space for weekly updates, completion due for early February 2016.
Image: Dwelling from the rear with enclosure brickwork underway