Re-negotiation of fit-out contract
Project management of works
Office HQ Relocation Case Study - Spirent Communications Plc
8,700
sq ft
office HQ relocation and fit-out project
£500,000
fit-out budget
12
week
delivery programme
Challenge
Spirent Communications plc, the leading global provider of automated test and assurance solutions for networks, cybersecurity, and positioning, appointed Vail Williams to advise on the contractual agreements relating to their head office move and fit-out programme.
Upon review of the contracts proposed by a design and build contractor, it became clear these were weighted significantly in favour of the contractor, leaving our client bearing much of the risk.
How we helped
- Advised on and renegotiated contract, preparing associated documentation to rebalance risk profile, ensuring necessary tools and mechanisms in place
- Negotiated wayleaves for fibre
- Undertook due diligence of the design
- Carried out a cost sum analysis
- Subsequently appointed to project manage delivery of the works
- Managed relationships with adjacent tenants within the building, during the works.
- Managed existing relationship between client and contractor
- Provided contract administration support for their client team, maintaining strict cost and time control
- Liaised with landlords, statutory undertaking and legal teams to ensure successful delivery
- Provided ancillary advice on our client’s dilapidations liabilities as it was exiting it previous premises.
We are grateful to the team at Vail Williams, whose expertise ensured that potential risks associated with our fit-out programme were mitigated, whilst ensuring that the works could be completed on time, and on budget, allowing a seamless transition into our new building.
Raymond Lee Director, Global Properties, Spirent Communications plc.
Results
- Despite the tight timescales for this project, we were able to mitigate the contractual risk for our client, ensuring delivery of the fit-out works in line with our client’s timelines and budget.
Get in touch
If you think you may need similar support to that described here, or you would simply want to have an informal chat with a member of our team to discuss your property needs, get in touch.
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