As part of Network Rail's Thameslink programme, the London Bridge Station redevelopment will increase capacity by increasing the train length to twelve cars and by running up to 24 trains per hour. Faithful+Gould commenced development of the early Governance to Railway Investment Projects (GRIP) stage estimates in 2009 and has continuously provided estimating and budget control services since then.
Network Rail has instigated a 'design to budget' process that has been an integral part of the project since the commencement of GRIP stage 3. As part of a co-located and fully integrated project delivery team that includes the client, contractor and other professional service providers, our team apply their complete understanding of design intent and project constraints to the process of budget management. That has enabled comprehensive estimates and cost advice on alternative design options that demonstrate the impact of potential change to the overall project budget.
We are embedded within the contractor’s commercial team and continually monitor the developing design information and identify and log all changes. Where approved we then subject those changes to the project change control process, enabling informed decision making and accurate budget control. This £600m project is scheduled for completion in the third quarter of 2018.