Metro Re-invigoration is a long term plan to modernise Metro to meet the future needs of passengers and the economy. The project will see, among other things, the refurbishment of all stations in the network. Nexus has submitted a detailed business case to the Government for £600 million to be invested in the system over the next 20 years to secure its future.
In anticipation of receiving detailed questions about the application from the Government, and in order to consolidate the figures contained within it, Nexus is undertaking a detailed appraisal of its projected spend up to 2025, with the commercial support of Faithful+Gould.
Working closely with Nexus to decide how the data will be prioritised and presented, Faithful+Gould has undertaken a complete financial appraisal of Nexus’ station portfolio. This includes a new conceptual image, improved access for all whilst dealing with a growing maintenance backlog on an ageing network. The finished data is then transferred into a costed programme of work for each station for the next 20 years.
Lawrence Inkster, associate director at Faithful+Gould's Newcastle office, said:
"This exciting project is one of the many schemes in which Faithful+Gould employees have participated and we are delighted to have worked with Nexus on this project, which has demonstrated our team’s flexibility and ability to compile vast amounts of data into systems flexible enough for it to be accessed, prioritised and evaluated in the simplest way so that it can be used to support Nexus’ application to Central Government.
"The biggest challenge our team faced during the life of this project has been the forecast expenditure as Nexus required the ability to re-sequence the works to simulate numerous eventualities with the benefit of instantly assessing the long term financial implications. It has taken two full time people to compile the database to accommodate the flexibility that Nexus demanded.
"Our team is looking forward to assisting Nexus on an ongoing basis regarding the management of the database."
Ken Mackay, Director of Rail and Infrastructure for Nexus, said:
"The flexibility of Faithful+Gould’s team has been extremely useful to us and it has invested an enormous amount of time and effort into this project.
"A regenerated, re-invigorated and rejuvenated Metro will provide an attractive travel experience to meet user aspirations for the 21st century and will significantly encourage a modal shift from car to public transport.
"Subject to Government approval, we wish to start as early as possible on a 20-year programme of investment in every aspect of the Metro system and its operation."