WHY INDEPENDENT MATTERS

The Building Sets The Risk. We Control It.

Refurbishment cost overruns are not inevitable. They result from contracts that do not allocate risk properly, quantities that were not validated, and variations that were not controlled. Reltic addresses all three.

Quantities validated against survey data and proposals
Contingency structured around known risk not percentages
Contract risk allocation reviewed before appointment
Site condition changes managed as formally as design
Senior commercial lead independent of design team
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INDEPENDENT CONTRACT-SIDE OVERSIGHT
The building holds risks that no survey fully captures.
THE PROBLEM

The building holds risks that no survey fully captures.

Refurbishment projects are commercially unpredictable by nature. Surveys reveal less than the building holds. Contractors price risk into their returns – and if the contract doesn’t control how that risk is managed, the client carries it regardless.

Concealed conditions that weren't visible at tender stage
Scope that expands as the building is opened up on site
Contracts that don't allocate risk properly when conditions change
Variation claims driven by site conditions rather than client instructions
Cost plans that treat refurbishment like new-build and underestimate exposure
OUR WORK

Independent Commercial Management on Building Refurbishment Projects

See how Reltic has protected cost certainty and contract position across complex refurbishment and adaptive re-use schemes throughout the UK.

WHEN TO ENGAGE

Before the Contract Is Signed, Not After the Building Is Opened Up.

Contract risk allocation is a decision, not a design one.

On refurbishment projects, what’s in the contract – and what’s excluded – determines who carries the cost when conditions change on site. That’s a commercial decision that needs independent scrutiny before the contractor is appointed. We can also step in mid-project when the cost position has become unclear.

Pre-Contract Engagement

Contract structure and risk allocation reviewed independently before appointment – when there is still commercial leverage to protect the client.

Mid-Refurbishment Support

Hidden conditions changed the cost position on site? We rebaseline, establish what is properly in variation and take control of the commercial narrative.

HOW WE WORK

Commercial Control Before the Building Opens Up.

On refurbishment, the risk profile changes the moment work starts on site. This is how we get ahead of it before the contractor is appointed.

FREQUENTLY ASKED QUESTIONS

Building Refurbishment – Frequently Asked Questions

Quick answers to the most common questions about independent commercial management on refurbishment and adaptive re-use projects.

Defensible quantities without a full survey - how?
We work from the available survey data, design drawings and opening-up information - and we're explicit about where quantities are assumptions and where they're verified. That honesty is more useful than false precision, and it allows contingency to be structured correctly.
Refurbishment always goes over budget. Is there anything you can actually fix?
Cost overruns on refurbishment are not inevitable. They result from contracts that don't allocate risk properly, quantities that weren't validated, and variations that weren't controlled. We address all three. We can't eliminate unknowns, but we can make sure the contract puts them in the right place.
Can you help if the project is already on site and the cost position is unclear?
Yes. We carry out mid-project cost rebaselines on refurbishment schemes - establishing the actual cost position, what's in variation, and what the completion cost looks like.
Site condition variations - how do you handle them?
We manage site condition variations through the same formal process as design changes - assessed, priced and agreed before work proceeds. The contract structure we advise on at procurement stage determines how those variations are valued and who carries the risk.
Do you advise on contract form for refurbishment projects?
Yes. We advise on which contract route best suits the risk profile of a refurbishment scheme - target cost, two-stage, or traditional - and review the contract terms before the contractor is appointed.