Linesight provided Cost Management and Project Controls services to a confidential financial client on their ground-up construction venture spanning 540,000 sq.ft., which includes over 5,000 multi-level parking spaces.
This project showcases sophisticated design featuring premium finishes, an advanced AV system, a one-of-a-kind interior living wall, and locally sourced artwork. The building also houses contemporary training facilities, modern offices, collaborative zones, and open-plan seating arrangements.
The new office building incorporates innovative design elements, offering an activity-based layout to accommodate staff needs. This approach strategically allocates distinct zones to cater to various employee tasks such as learning, concentrating, collaborating, and socializing.
This program of work presented a unique opportunity for Linesight to implement new cost reporting requirements seamlessly into a project with over $100 million in existing costs, enhancing our efficiency and accuracy in financial tracking and reporting. Through close collaboration with the client’s project management team, Linesight devised protocols and necessary documents to comprehensively capture all costs, ensuring no invoices, purchase orders, or change orders were overlooked.
Value Add
- Through collaborative efforts involving all team members, Linesight played a pivotal role in achieving the accelerated schedule. This was accomplished by conducting a comprehensive risk review of pending buyouts and long lead materials, assessing labor needs, and aligning with city regulations for fire, security, and final Certificate of Occupancy requirements.
- Successfully concluded the financial phase, yielding a surplus of over $15 million in tracked savings. This outcome was attained through meticulous management of unallocated scope, contingency funds, and unused allowances.
- Effectively completed the bank monitoring process and underwent rigorous external auditors’ assessments. These efforts further bolstered the project’s financial achievements and underscored its transparency.
