NPS Property Consultants Ltd

1

• NPS Property Consultants Ltd
• Getting Value

2
Background

• From 1 April 2002 we became a wholly owned
  Limited Company
• We employ over 300 staff
• We have offices in
• Norfolk
• Suffolk
• Essex
• Surrey
• Manchester

3
Background

• NPS Property Consultants Limited provides
  professional property services to a range of
  public sector clients
• The anticipated fee income for this year is 12M
• We have over 1,500 active client accounts
• Currently we have 5,000 projects in various
  stages from feasibility to final account
• In addition we are working on over 5,700 cases

4
Structure
5
Turnover
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Education

• Largest single Client
• Most important sector of our business
• Considerable legislation surrounds design of
  school buildings
• Robust of design
• Mobiles were answer now they are the problem

7
DfES

• Contract to supply Capital Advisory Services for
  3-5 years
• Deal with VA schemes in North of England
• All PFI
• City Academies
• Early Years
• Specialist Schools
• Extended to cover AMP audits

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DfES

• Extended to cover AMP audits
• Knowledge of what is coming
• Credibility with DfES
• Bring Best Practice from audit work
• Development of Norfolk County Council response
• Contacts

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BMPP

• Insurance scheme
• Needs sufficient schools to be viable
• Guarantee of 60 of funds on school 40 in fund
• Introduction of Help Desk
• Problems with financial data
• Improvements still to be made

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Key Requirements for Success

• The Client knows what is needed in terms of
• Functionality
• Quality

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Key Requirements for Success

• The Client knows the budget limits for
• Capital Cost
• Revenue Cost
• The Client has identified secure funding streams

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Key Requirements for Success

• A robust programme is agreed which allows
  sufficient time for planning and construction

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Key Requirements for Success

• A comprehensive project brief is prepared and
  agreed which
• identifies the project outputs
• timescale
• budget
• Provides a point of reference

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Key Requirements for Success

• The promotion of a development environment based
  on
• Trust
• Respect
• Commitment
• Shared Responsibility

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Key Requirements for Success

• The process must be Client Led
• Something done together not done to you by others
  !

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Conflicts !

• Who is the Client
• Aspirations versus budget
• Consultation versus delivery

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Partnering

• By using partnering we can improve
• timescales
• cost certainty
• improved quality
• reduced costs
• innovation

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Whole Life Costings

• Concentration is always on cheapest capital cost
• Whole life costings consider maintenance and
  running costs over the life of the building or
  component

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Sustainability

• Sedum roofs
• Rain water harvesting
• Windcatchers
• Solar water heating
• Geothermal power
• Wind turbines

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Comparable Professional Fees

• NPS Property Consultants Ltd Fees are
  dependent on level of service
• All our external rates are higher than for
  Norfolk County Council schools
• Not always the cheapest
• We undertake more than just normal services
• Programme management
• Payment of contractors
• Construction Tax payments
• For school funded projects we will quote bespoke
  fees

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Comparable Build Costs

• Offices - 1,057
• A/C Offices - 1,189
• Supermarkets - 833
• Hospitals - 1,260
• Sports Centres - 856
• Schools - 953
• Libraries - 1,063
• Estate Housing - 620
• One-off Housing - 1,005

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Comparable Build Costs

• Norfolk County Council Schools
• New School 900
• Classbase 800-850
• Factors affecting cost
• Location / Market Conditions
• Ground Conditions / Planning
• New build - Refurbishment
• Services / Phasing

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Comparable Build Costs

• What 100,000 buys
• 1 simple classbase
• 12m of bridge strengthening
• 1/6th of a roundabout
• 500 metres of cycleway
• 100 desktop computers
• 3 Bedroom estate house
• 3 mobiles