The facts
Client: Scottish Widows PLC
Location: London
Services: Building Surveying and Consultancy,
Contract Administration
Start/ Completion: 2010 - 2011
The project
Capita Symonds was instructed to manage the
dilapidations process and undertake the internal and external of
refurbishment the property following the expiry of the tenant’s
lease. Scottish Widows required a fast turnaround to upgrade the
floor areas ready for new lease negotiations. Concluding the
dilapidations negotiations, Capita Symonds ensured that the full
amount of damages were received contributing to the forward funding
of the refurbishment.
As the project was forward funded by the
client following dilapidations negotiations, Capita Symonds ensured
that the correct advice was provided to the client ensuring the
specification of works was sufficient to achieve the best possible
recoverable dilapidations damages while at the same time,
delivering an upgraded space. Once agreed, Capita Symonds ensured
that the works were carried out to the required quality, budget and
to programme.
Capita Symonds liaised closely with the letting and management
agents to ensure the specification of works delivered to the
quality required for speedy lease negotiations post contract. By
providing detailed advice on the dilapidations process, Capita
Symonds were able to save the client money by negotiating the full
amount of damages, which substantially contributed to the
refurbishment works.