Page 12 - 11394_AEW_XX_XX_PP_A_0003_CO-OP PRE-CONSTRUCTION MANUAL

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1A.4 Developer led project

Stage 2

Stage 2 identifies the development of

a project post Scheme Approval to the

point that Contracts can be exchanged.

1. Once approved at Scheme Approval 1 the RAM will engage solicitors 13. If the CV2 Cost Plan is higher than the CV1 Cost Plan, the External
and agree the lease and the Internal Project Manager will appoint the Project Manager will escalate the approved Stage 2 Pack to the RAM and
Principal Designer on behalf of TCG Internal Project Manager for a Cost Plan review

2. The External Project Manager will notify the project team (Architect, 14. Should the CV2 Cost Plan be greater than +5% of that approved at CV1
Quantity Surveyor and Format) of the projects success through Scheme or outside of a 12 month board approval date, the project will be represented
Approval 1 and engage with the Developer at FCEF. FCEF approval is required for the project to proceed

3. Working collaboratively and in conjunction with each other, the External 15. Should the CV2 Cost Plan exceed board approval >5% of the approved
Project Manager will lead the project team through negotiation with the CV1 costs, the project will be escalated to the Head of Acquisitions for
Developers team until such a time that final shell drawings are agreed. The DAL uplift. The Head of Acquisitions approval is required for the project to
External Project Manager will also agree the Shell Specification with the proceed
Developers team for approval by the Internal Project Manager
16. Once the project has passed Scheme Approval 2, Contracts can be
4. During the Shell negotiations with the Developer, the External Project exchanged.
Manager, Quantity Surveyor, Architect and Principal Designer will undertake
a Design Team Meeting. DTM minutes to be issued by the External Project
Manager following the meeting

5. The Architect and Format must used the final shell drawings to produce
the Stage 2 Report and co-ordinated Asset Plan respectively

6. The Principal Designer will use the information from the project team and
Developer negotiations to develop the Pre-Construction Information [PCI]

7. Following receipt of the final shell drawings, agreement of the
specification, co-ordinated Stage 2 and Asset plan and the PCI, the External
Project Manager will update the PCSD’s 01-04, complete the Acquisition
and Pre-Construction cost summary (PCSD 05) and issue to the Quantity
Surveyor to produce CV2 Cost Document

8. Upon completion of the CV2 Cost Document, the Quantity Surveyor will
collate the package of information required for Scheme Approval 2 and
issue to the External Project Manager for their approval and comments

9. Once agreed the External Project Manager will submit the project for
Scheme Approval 2. The External Project Manager and Quantity Surveyor
will be present at the Scheme Approval 2 Meeting

10. Should the project be approved at Scheme Approval 2 the Quantity
Surveyor will issue the Approved Stage 2 Pack and CV2 Investment
Appraisal [IA] summary to the RAM during the meeting

11. Following the meeting, the Internal Project Manager will complete and
issue the meeting minutes to the team (RAM, External Project Manager,
Quantity Surveyor, Architect, PD and Format)

12. If the CV2 Cost Plan is under the CV1 Cost Plan, the project will
proceed.

1A.4 Developer led project Stage 2 0.0 11.10.19