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Working My Projects London Wall Place And Key Bridge House

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I have gained appreciation of the commercial pressures that the construction industry is exposed to and how our work as structural engineers is influences by it. I have developed this understanding through working my projects London Wall Place and Key Bridge House, through graduate training, reading on the subject and taking part in the Enginuity competition. I understand that at WSP | PB there are two main ways of reaching an agreement on fee with the Client. Competitive tender, where we submit a bid i.e. fee proposal appended with CV’s of team highlighting competency of the team, similar projects we have worked on, ……… etc. against other consultants. The Projects are usually awarded to the lowest tender, but some consultants also take into account other factors like quality, experience and sustainability issues. Negotiation, where the fees is agreed following discussion between client and the company. Fee for such projects is not as low as competitive tender and there is opportunity to discuss the brief at a greater depth at an early stage. I am aware of the different types of fee arrangements consultants are involved with on construction projects. These include: lump sum, time charge and target costs. • Lump sum fee is where the consultant works for a fixed fee, agreed with the client, based on the scope of agreed work and arrangements. This is the case for majority of projects I have been involved with in last 4.5 years, including Merchant Square Development,

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