UTAS MS2 – Medical Science Building for University of Tasmania

This 9,000m2 six level education and research facility is the second stage of the Medical Science Precinct, and also includes considerable refurbishment to the existing building. The project consolidates the site into a comprehensive medical science research precinct with significant biomedical and clinical research facility. It is the first 5 first educational building in Tasmania to achieve a Green Star rating and enhances the already established UTAS/Menzies Research Institute as a place of research excellence.

Our involvement

Aquenta was engaged for cost management services from feasibility through to construction. This service included value management workshops at the early stages of the project, so as to ensure all the Clients required functions were being achieved at an optimal cost. We were instrumental to negotiating a Guaranteed Contract Sum within the Budget and managing this cost throughout construction.

Services

Pre and post contract cost management; including 5no. cost plans, GGS agreement, variation valuations, payment valuations, trade package recommendations and final account agreement. Trade package measurements, subcontractor cost audits and value management.

The outcome

The project reached practical completed in May 2013 and was delivered on time and within budget. Our advanced financial reporting systems ensured that the Client was kept up to date on final account forecasts, ensuring expenditure decisions were made on current and relevant information. This was instrumental to the successful delivery of the project.


Image courtesy of University of Tasmania