The document discusses reviewing education building budgets and timelines in light of less funding. It explores the economics of new builds versus refurbishing, noting refurbishing may be more cost effective at a certain point. Examples of costs for different levels of refurbishment and new builds are provided, ranging from £137/m2 for refreshes to £882/m2 for heavy refurbishments. Differences between new builds and refurbishments like VAT and phasing/decanting are also briefly covered.

1. Remodelling Education Spaces
University of Manchester
13 – 14 September 2010
Reality Check – Plan A (new build) to Plan B (refurbishing)
Andrew Chauvin – Director Gleeds Advisory

2. Contents
•Reviewing budgets and timelines
•Cost Models and Changing Budgets
•Examples
•New Build to refurb the issues

3. Contents
•Reviewing budgets and timelines – A look at Value for Money
•Cost Models and Changing Budgets – Reacting to a changing environment
•Examples – Some (not so) nice pictures
•New Build to refurb - the issues

4. Reviewing budgets and timelines
•Why do we need to reconsider budgets and timelines
•Less money to go around
•Shift in policy
•Did programmes like BSF deliver value for money?

5. Reviewing budgets and timelines
New build and Refurb - What are the Economics?

6. Reviewing budgets and timelines
New build and Refurb - What are the Economics?

7. Reviewing budgets and timelines
New build and Refurb - What are the Economics?

8. Reviewing budgets and timelines
New build and Refurb - What are the Economics?
•To summarise the economic case for refurbishment has a tipping point
•The decision on strategy is usually a balance of other issues, such as:
•Listed and loved buildings
•Reduced planning risk?
•Disruption
•Intended life of buildings
• Programme times
•etc

9. Reviewing budgets and timelines
•What might the new VFM criteria look like?
•Fixing backlog maintenance
•Basic need
•Template versus bespoke (Back to BB98)

10. Reviewing budgets and timelines
•Other cost reduction strategies
•Build less area – smart timetabling
•Pupil place planning
•Free school standards

11. Cost Models
Block Modelling an Approach

12. Cost Models
Block Modelling an Approach

13. Examples of Investment Category

14. Examples – New Build

15. Examples – New Build

16. Examples – New Build

17. Examples – New Build

18. Examples – New Build

19. Examples – Heavy refurb
£882/m2
•Substructure works resulting from frame amendments
•Localised adaptions/strengthening to structural frame
•New roof construction and covering
•Introduction of additional staircases
•Amendments to door and window openings
•New external doors and windows
•New internal walls and partitions
•New doors
•New finishings
•New m&e

20. Examples – Heavy refurb

21. Examples – Heavy refurb

22. Examples – Heavy refurb

23. Examples - Enhanced Refurb
£701/m2
•New roof covering
•Amendments to door and window openings
•New external doors and windows
•25% new internal walls and partitions
•New doors
•New finishings
•New m&e

24. Examples - Enhanced Refurb

25. Examples - Enhanced Refurb

26. Examples – Minor Refurb
£415/m2
•External doors and windows - defined localised
repair/replacement
•Internal walls and partitions - alterations to existing
•Finishings - localised making good plus some new
•Adaptations to existing services

27. Examples – Minor Refurb

28. Examples – Minor Refurb

29. Examples – Minor Refurb

30. Examples - Refresh
£137/m2
•Redecorations
•New Floor coverings
•Minor repairs to internal finishes
•Update servicing and routine maintenance

31. Examples - Refresh

32. Differences Between New Build and Refurb
Schemes
•VAT
•Phasing and decanting