Ensuring that value for money is being achieved is an essential aspect of any transportation development and BENCHMARKING can provide this assurance.
Our approach to benchmarking is not relying on 5 year old cost data that is sat on a PC somewhere, but using the information available alongside known current market rates to assess project value at a suitable level.
We have applied this approach on the following projects: -
UK Tram Light Rail Cost Data Assessment, 2017 to Present
Worcestershire Parkway Station, SLC Rail, 2014 to 2016, £17m
Confidential Rail Extension including stations, 2018, £150m
Midland Metro Extensions, 2015 to 2017, £500m
For more detailed information, or to fully understand our unique approach to BENCHMARKING, please contact us.