IC Advisory offers services to help make your business and projects a success. By accessing industry best practice, IC Advisory will help you improve how you deliver projects and your business to support improved outcomes.
IC Advisory Services
Introduction
IC Advisory will help you improve and adapt to meet ever changing requirements. Our team is able to access industry best practice to help you improve how you deliver projects and your business to support improved outcomes.
We can support you to deliver the transformation needed to realise benefits across all stages of the project lifecycle, whether this is accessing external funding, developing project processes, undertaking life cycle costing, projects health checks or undertaking detailed Post Occupancy Evaluation studies.
We also support organisations to lead their people through change. Successful projects require the support and engagement of all stakeholders, we can provide the tools to support the right behaviour within projects and help people embrace and drive the change.
Our advisory services will support the maximisation of your return on investment. We work in partnership with our Clients, providing them with access to the knowledge and people required to deliver continuous improvement.
Our Services
· Procurement Support
· Estates Strategies
· Due Diligence and Fund Monitoring
· Post Occupancy Evaluation
· Project Management Process Improvement and Training
· Project and Cost Assurance
· External Funding applications
· Life Cycle Costing
Procurement Support
We offer specialist procurement services, advising Public Sector clients of the optimum and compliant procurement strategies for the delivery of their major projects for both consultant’s and contractors, which includes two stage tendering and DBFO procurement. IC Advisory can also provide an end to end service, which includes the placing of Tender Notices, the management of the tender process, including the management of tender queries, evaluation and placing of Contract Award notices. Our client includes Leeds Teaching Hospitals NHS Trust, University of Cumbria, Edge Hill University, University of Hull, Lancaster University and Burnley College.
Estates Strategies
IC Advisory supportour clients in developing their Estates Strategies and Master Plans, which fully consider condition and functional suitability of the estate, curriculum strategies (where required), pedagogy, carbon reduction requirements, disposal of surplus accommodation, capital developments and project prioritisation. Our clients have included the TEC Partnership, SK College Group and Burnley College.
Due Diligence and Fund Monitoring
IC Advisory provide Due Diligence and Fund Monitoring services to a wide range of health, education, local government and housing clients. Our service includes undertaking due diligence to ensure project delivery in line with the agreed contract requirement, programme, budget, cash flow and bespoke grant funding requirements. Our clients include a number of health care providers, Local Enterprise Partnerships, Local Authorities, Universities and Colleges.
Post Occupancy Evaluation (POE)
IC Advisory has a team of POE specialists who are highly experienced in delivering independent, comprehensive POE reports. Our lessons learned toolkit utilises best practice guidelines alongside a mixture of observation, focus groups, interviews, workshops, questionnaires, benchmarking and desktop document reviews. Our reports fully meet the requirements of BREEAM and external funders including ERDF and Growth Deal. Our POE clients include Keele University, University of Leeds, Teesside University, University of Liverpool and Edge Hill University.
Project Management Process Improvement and Training
IC Advisory support clients across a number of sectors in developing project management processes and procedures, which will ensure your projects are governed and managed in line with industry good practice. Our service offer includes the roll out of guidance and supporting templates and a training package which includes face to face training and aftercare. Our training courses are facilitated by project management and behavioural change specialists and include the full suite of technical, business and behavioural competencies required to successfully deliver projects. Our clients include Hartlepool Borough Council, Edge Hill University and Lancaster University.
Project and Cost Assurance
IC Advisory provide independent verification of cost and project documentation to support construction project governance, and we will support you to confirm that project costs and processes are in line with industry good practice and sector benchmarks. Our Project and Cost Assurance clients include Gateshead Council and Redcar and Cleveland Borough Council.
External Funding Applications
IC Advisory support a number of public sector clients in accessing external grant funding, which includes support with developing business cases. This includes Department for Education T Levels Capital Fund, Condition Improvement Fund, Homes and Communities Agency (HCA) funding, NHS Improvement Funding, ERDF and LEP Growth Deal. Our clients include The City of Liverpool College, Warrington & Halton NHS Trust, Lambeth CCG, Burnley College and South Lakes Housing.
Life Cycle Costing
IC Advisory provide life cycle cost advice to clients, funders, SPV’s and building operators. Our expertise ranges include benchmarking for external grant funding applications and ensuring BREEAM credits are fully met.
We have the expertise to advise on Whole Life Costs (WLC) and Life Cycle Costs (LCC), including Life Cycle Replacement Costs (LCRC) in accordance with ISO 1586. These are typically analysed over a 25 or 30 and 60 year period. Coupled with specialist Financial, FM and/or M&E Engineering Services input from others we can forecast your Whole Life Costs both annually and over the life of the building for: –
Maintenance Costs
· Lifecyle Replacement;
· Any Subsequent Refurbishment/Adaptation;
· Redecoration & Maintenance;
· Unscheduled Repairs & Maintenance;
· Grounds Maintenance;
· Other Definable Costs.
· Operation Costs
· Cleaning;
· Utilities;
· Administration;
· Overheads;
· Taxes;
· Other Definable Costs.
Offsite
Examples of schemes we have been involved with are;
- HoUSe at Smith’s Dock – Award winning modular product by Urban Splash;
- Place Ladywell – Rogers Stirk & Harbour designed award winning scheme in Lewisham;
- YO! Homes – Niche apartment scheme development in Manchester.
We have worked both for Clients as Project Manager/Employer’s Agent and as Design Project Managers for the modular manufacturers, meaning we have the technical expertise and market knowledge to support our clients with delivering projects using Modern Methods of Construction.
We have undertaken studies of the difference in Construction Costs for Offsite projects vs Traditional projects, and have a good understanding of the benefits as well as the risks of delivering with this method of construction.
We will use our experience to work with you to take you through the necessary steps to make your project a success. Whether through using our experience to assist with developing your own bespoke range of modular house types, to realising the benefits of MMC by managing cost inflation, overcoming our industry wide skills shortages, improve build quality and to assist with managing cashflow on large sale schemes.
Understanding property-related taxation can often feel like untangling a complex financial puzzle. However, amidst all these intricacies, there is a clever way to save on your property taxes: Capital Allowances. Capital Allowances present an opportunity for significant tax savings, which are often overlooked.
What Are Capital Allowances?
Capital Allowances, in the simplest terms, are a form of tax relief for property owners and are available (to both companies and private individuals) in respect of qualifying capital expenditure related to the utilisation of assets for the operations of a trade or rental business.
The claiming of Capital Allowances is your statutory right, while most business owners are aware of Capital Allowances for plant & machinery most are not aware that this extends to the “integral features” of a commercial property – yes, you can claim the tax relief on hot and cold water systems, lighting, general power and a whole host of items in the building that would be otherwise be overlooked.
The key is to understand how to navigate and take full advantage of these allowances, we are experts in Capital Allowances and will prepare a detailed report outlining exactly what qualifies and what you are entitled to claim.
For further information on Capital Allowances please contact 0191 548 0570
Why Should You Claim Capital Allowances?
Capital Allowances form a part of your annual tax return, in order to claim you will need a detailed report, provided by us, for submission on your tax return by your accountant.
A Capital Allowances claim will significantly reduce your tax liability, in some cases it could reduce it to nothing and, in certain cases, could result in a refund of previously paid tax.
In order to maximise the potential tax relief available it is important that your Capital Allowances claim is submitted as soon as possible – there is a time limit for claims along with additional benefits in claiming at the earliest opportunity.
We will carry out a preliminary review to establish the extent of Capital Allowances along with an explanation of how they will be applied.