17th & 18th October
2001
CHANNEL TUNNEL – EUROSCAN PROJECT (1992)
28%
0%
Programme Overrun
Note: costs are converted at the 1992
Purchasing Power Parity
Architects liability insurance prevents value engineering; Process complexity
Contractor’s engineering capability means value engineering the norm
Strengths/weaknesses
Approximate Bill of Quantity at Stage H; Full JCT 80
Lump sum after stage D; bespoke contract
Procurement
8
4
Site management Staff
equal
equal
Contract Programme
15%
8-9%
Contractor Cost Increase
£4,947,375
£4,502,178
Total Acquisition Cost
£4,482,375
£4,178,652
Contractor Out-tum cost
£3,897,000
£3,852,754
Contractor Tender Price
£465,000
£323,525
Design costs
BRITISH
PERFORMANCE
FRENCH
PERFORMANCE
PERFORMANCE
INDICATOR
Source:
Bartlett School
Of
Graduate Studies; UCL
Contact:
Graham Winch