How much will the Council be paying them?

A:

The fees for each estate vary depending on the size and complexity of the project. They are also set up in a way that they are only paid on the successful completion of each key stage of the project. These are large multidisciplinary teams from now through the delivery phases to completion of the work on each estate. These fees will be factored into the financial model for each development, so these costs will be repaid back to the Council through the monies generated through the development process.

The total fees for each estate are:

  • Knights Walk - £2,287,184
  • South Lambeth - £3,948,471
  • Westbury Estate - £4,118,000

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