TNAG-2663-FCO40-3859-Future-of-Hong-Kong-British-Consulate-General.-With-photogra-1992 — Page 62

CODE 18-77

10 December 1992

Mrs Barnes-Jones

Hong Kong Dept WH 312

MANAGEMENT IN CONFIDENCE

MissBliss

Reference

200

Copies

I will be in

to M. Mornes

o Mr Hum

Steering

touch to arrange

Kommittee.

антиде

mmittee meeting.

14/12 HAJ

HONG KONG: NEW CONSULATE-GENERAL AND BRITISH COUNCIL

BUILDING: ESTIMATE OF COSTS

1.

I spoke to John Morris on 9 December and he suggested that I confirm my conversation to you in writing: this is now detailed below.

2.

Widnell, our Consultant Quantity Surveyor (QS), have now produced an order of costs of £29.68 million (includes fees, furnishings and current rate of exchange of $12.4 to pound sterling) for the above scheme based on the PSPs which were endorsed by the HK Steering Committee on 6 November 92. This compares with the estimate cost, at competition stage, of £24.5m (at $13.5 to pound) which after adjusting to current rate of $12.4 equals £26.68m approximately.

3. The above estimate of £29.68m was reached during discussions in Hong Kong (5-9 December 1992) between OED's QS and Architect, Farrell, Widnell and Swire (our Consultant Project Manager). Changes to specification levels/rates for the various external and internal finishes resulted in a considerable saving over Widnell's draft estimate of £43.74m. Nevertheless we have asked our Consultants to look for further savings but we are not optimistic of achieving more than another 5% without significant changes to the SOR or to the current design concept both of which will have implications to the programme.

PCDS3.391

нко 400/1

MANAGEMENT IN CONFIDENCE