Feasibility studies assess the viability of a proposed scheme or project financially, commercially and technically.
At Trident, we plan detailed briefs with the client before assessing the various factors that will influence a project, providing a detailed and concise report evaluating any schemes.
Our reports are project specific and therefore are tailored to suit each instruction, but fundamentally comment and advise on:
- Specification/scope of works
- Design and layout possibilities (with our in-house architects) and restrictions
- Budget costs including professional, statutory and other fees
- Options appraisal
- Programme and timing
- Statutory compliance matters such as planning, Building Regulations and Listed Building Consent, CDM, sustainability, legal/lease obligations etc.
Feasibility studies are an essential stage in the construction procurement process for the client, as they fully evaluate a scheme prior to committing significant capital expenditure.
In the event that additional specialist consultants are required to provide advice and contribute to the report, Trident acts as the Project Manager/Lead Consultant, ensuring that there is a coordinated approach to the feasibility study.