South Kensington

Project Monitoring
We were appointed by the private arm of a major London bank as Project Monitors for this prestigious scheme in South Kensington. The scheme was the remodeling of a significant London property with the additional construction of a three level basement and subterranean pool.

Client
Private banking arm of a major lender

Value
Confidential

Sector
Banking

Property Type
Bespoke

Services
Independent Fund Monitoring Surveyor

Details

The initial project brief evolved due to several issues on site. Initial review indicated issues with both recourse and transparency with the construction contract. The rate of progress was also a concern, along with an evident deterioration of the relationship between client and contractor. We were asked to provide additional advice and oversight on the reduction of the contractors works to eliminate everything aside from the stage currently underway. This was concluded with a new procurement and management method in place for the fit out and finishing stage which is now commencing on site.