Print
  Govt makes £72m construction saving
 

Cost reductions of £72m have been achieved during the first year of the government's drive to reduce its overall construction bill.

The newly published Government Construction Strategy Implementation Report July 2012 also reveals that whole project life cost reductions of £279m have been identified during 2011-12.

By the end of the current parliament, the aim of the Government Construction Strategy is to reduce the cost of government construction projects by 15 to 20 per cent - a target which the report says can be achieved.

"There has been excellent progress against major milestones in the action plan for the strategy," the report concludes.

"We will continue to work closely with industry to achieve improvements and cost savings through a range of activities focusing on our key priorities."

One of the aims the government is targeting is for it to become an "intelligent" client which knows how much projects should cost in order to reduce waste. 


Author: Editor Gavin Pearson (gpearson@acenet.co.uk or 0207 202 0255)
You have 5000 characters left Please read our community standards

Email address or create your ACENET account
Password
All comments Be the first one to post a comment.