Judges are looking for an initiative, project or series of projects that has focused on the value of facilities in use and the outcomes for owners and users. Good facilities add value by enabling owners and/or users to live or work better in them.
Winners will demonstrate how whole life cost and value have been considered from the outset; combining capital costs of construction with maintenance, operational and occupiers’ costs. The most important factor will have been the outcomes for the owners and users of the facilities, and these should have been a key driver throughout the design and construction process.
Entrants should be able to evidence the balance of expenditure between design, construction and operation, and must provide evidence or forecasts for the improvement in outcomes for owners and/or users. Such outcomes may be financial, social or environmental.
Winning exemplars of Value will demonstrate to judges how they have:
- Placed value for owners and/or users a key driver throughout both the design and the construction process
- Increased value for owners and/or users and helped them achieve better outcomes.
- Been able to quantify the anticipated benefits from the point of view of the owners and/or users, i.e. the balance of expenditure on design, construction and operation compared with the value of outcomes derived by owners’ and/or users
- Benchmarked their performance and results against others to evidence their achievements. These KPIs and benchmarks may be forecast or proven in use.
- How the subject of their submission has delivered lessons for sharing and impacts on their team, their organisation and the wider industry and/or the owners and end users, e.g. addressing fuel poverty, reducing time in health care, higher education results, etc.
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