Faithful+Gould was appointed as cost consultants to Exchequer Partnership, a consortium comprising Stanhope and Bovis Lend Lease.
Liaising closely with the incoming tenants as well as the incumbent Treasury departments we developed a 'one building policy' which avoided duplication of certain hard and soft services; remodelling over 500 rooms to maximise open plan accommodation.
We delivered cost savings through design efficiencies and lessons learnt from the first phase of the HM Treasury project, without reducing quality or client satisfaction. Technical challenges included the introduction of an open plan floor space at 4th floor level surrounding the historic central drum area as well as the adaptation of the listed fine rooms at 2nd floor level to modern meeting rooms with hi-tech audio-visual equipment. The project was completed ahead of programme and to budget, to the client's great satisfaction, the project also won the BCI Conservation Award.