In the course of conversations with our neighbouring association on Montgomery Street, it has become apparent that the initial estimated distribution of costs was disproportionate to the work being undertaken.
With the BSORA committee's agreement, these figures have now been reviewed and revised to more fairly reflect the respective proportions of scaffolding costs in relation to the work.
This means that the cost of the scaffolding attributable to each building has now been calculated in proportion to that building's share of the total work. (Previously, it had been based upon the proportion of each building's share of the chimney work alone).
This adjustment now gives the total estimated share for each building to be:
41-45 Montgomery Street block: £8,327.97 (approx 12.7%)
46-48 Brunswick Street (&47 Mtgmy St )(i.e. BSORA block): £53,013.80 (approx 80.5%)
50-52 Brunswick Street block £4,468.75 (approx 6.8%)
Total estimated project cost remains £65,810.52
Please see the sheet here for more detail:
and here for an edited letter which includes the revised figures and indicative timescale.
The consequence of this revision will obviously require some adjustments on a similar basis to the property level estimates, which will follow in due course.
If you have any questions about this in the meantime, please don't hesitate to contact us.
Kind regards,
BSORA Committee