Section 20 Process and Cost Overruns

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    Section 20 Process and Cost Overruns

    Quick question:

    A job needs doing on the leasehold building I'm involved in managing. Our favoured estimate is just below the section 20 threshold. If we give the go-ahead to the contractor and there's some additional cost involved as the work progresses, do we have a S20 problem, or are we ok?

    My working assumption is that the threshold is based on estimates BEFORE doing the work, but would like to double check.

    Thanks.

    #2
    You should include a contingency figures, which will, presumably, take it over the limit.

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      #3
      I take it by "section 20 threshold" you mean carrying out works without having to consult leaseholders? If additional costs are likely to occur, why not issue a section 20 notice to be on the safe side?

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        #4
        Originally posted by TruthLedger View Post
        I take it by "section 20 threshold" you mean carrying out works without having to consult leaseholders? If additional costs are likely to occur, why not issue a section 20 notice to be on the safe side?
        The only reason is that it’d delay things, and the work is fairly urgent (major gutter repairs).

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