"It's Christmas!"
And Christmas is a time for reflection, mostly because it was cold and wet and nobody would go to site with me to work! So, in addition to planning some stuff in my head for the upcoming few weeks, I took the opportunity to review the budget...
... And promptly started to cry.
We had budgeted £22k for groundworks, based on the estimate from the company doing the works. We had agreed to pay them on a day rate, with 6% overage for the foreman they were supplying - I thought that was a good deal.
At the point of completion of the block & beam floor, we had spent £40,231.28 on payments to the groundworks company, and a total of £58,085.79 including materials (backfill stone, concrete, steel rebar, heave protection, etc etc). So, before even laying the first above ground wall block, we were over budget to the tune of £36k...
The projected build cost was £250k in total, with a contingency of £25k. So we now had to find a way to reduce the remaining expenditure by £11k, or the build wasn't going to be finished.
No pressure then! ?
It was at this point that I started looking at cheaper windows (since we had £20k in the budget for them) and internal joinery (Kim wanted oak everything but that was clearly not going to happen now). Oh well, Howden's finest for us then! ?
I am not sure what the lesson here is... Maybe don't build a basement?
Wot, no pictures? Nothing happened on site for nearly a week, so no (I thought about a gratuitous picture of me in a paper hat, but someone would probably come out with a quip about site safety).
If you want pictures, just wait for the next instalment - walls!
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