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Deloitte continues work on Palace of Westminster restoration

A consortium led by Deloitte has been given the go-ahead to continue its work on the Palace of Westminster’s restoration programme.

Monday 22 December 2014

Deloitte Real Estate is set to continue its work on the restoration of the Palace of Westminster, following the extension of its contract.

A consortium led by the business advisory firm was originally appointed to support the site’s Restoration and Renewal Programme in December of last year.

Preparing an IOA

This group, which also includes AECOM and HOK, has been tasked with preparing an independent options appraisal (IOA) for the site.

Under the current timetable, the consortium will make public the findings of its IOA report in the summer of next year.

The report will underpin discussions about how the Restoration and Renewal Programme should be taken forward during the next Parliament.

Ultimately, it is hoped that a firm decision concerning the programme’s future direction will be made by the spring of 2016.

Further research needed

Along with the IOA report, Deloitte Real Estate has said that the consortium will now undertake further research, in a bid to inform future planning and design processes.

By embarking on these studies now, it is hoped that the Restoration and Renewal Programme will meet its proposed 2020/21 start date.

‘Significant investment required’

Commenting on the contract renewal, Alex Bell, a partner at Deloitte Real Estate, said significant investments are required to support the restoration of the Palace of Westminster.

The expert added: “We are delighted that further joint early stage analysis and planning will be progressed over the next 18 months, in accordance with accepted best practice and drawing on all the recent mega-project successes of UK PLC.”

Preparing for the future

Dr Richard Ware, programme director for Palace of Westminster restoration and renewal, said action is needed to address the fact that the site is “getting older faster than we’re able to deal with it”.

He said that by seeking expert assistance, steps are being taken to better-equip the building for the future.

John Hicks, AECOM director and head of government and public sector, concluded that the programme should prove to be successful, as a result of positive collaborations between the public and private sectors.

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Copyright Press Association 2014

“We are delighted that further joint early stage analysis and planning will be progressed over the next 18 months, in accordance with accepted best practice and drawing on all the recent mega-project successes of UK PLC.”

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