Office block construction work

Tender description

The Project is for the provision of the City Quays III, a 16-storey office building, providing 215 000 ft² of ‘Grade A’ office space within the City Quays Development. The estimated value of the works is in the region of 40 000 000 GBP-45 000 000 GBP The project will be delivered through a two-stage Design & Build process. Stage 1 will require a select list of Contractors to tender for the Project based on their Preliminaries, a Schedule of Rates, Package Mark-Up percentages, etc. At Stage 2, the Architect, Building Services Engineers & Civil/ Structural Engineer will be novated to the preferred Contractor to undertake design development working from RIBA Stage 2 to deliver the project within the Target Cost Plan on an Open Book Tender basis. The Employer reserves the right to tender the Project through a traditional procurement should Stage 2 fail to deliver an agreed Contract Sum within the Target Cost Plan.