Page 40 - HUB South East Annual Report 2020-21

vAlue FoR Money
our Key Performance indicators (KPis) ensure that we are measured against our compliance with Value for Money proposals. a cost manager is appointed for each project and there are a range of measures and checks in place, from competitive tendering of work packages, to benchmarking and having affordability cap cost Plans. We are increasingly looking at Whole life costs as part of this to ensure clients are achieving best value for their investments and we have demonstrable evidence of how through the exible Hub process, alongside genuine partnership working and innovation, we are able to drive down costs and provide real added value. an excellent example of this in action recently is on the Wallyford secondary learning Campus which reached nancial close within the Affordability Cap absorbing very challenging ground conditions, inclusion of leIp energy targets and additional community space. Here are just some examples from other projects we have worked on in this reporting period:
£2.5m
the Winchburgh Schools campus on site in West lothian is being delivered in excess of £2.5m below SFt metric.
£1.8m
13.9%
Since Hub South East’s inception, excluding abnormals, education facilities have been delivered on average 13.9% below SFt cost metric.
by using our Strategic Support Services to negotiate property acquisition for the Vaccination centres project, Hub South East, through its contacts and experience, saved nHS lothian more than £1.8m in building and car parking costs alone.
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