Blog: Be inspired! Value Award 2017 (Sponsored by Artelia)

17 January 2018

Winner: Bank Station Upgrade Project - Dragados UK

Bank Station is at the in the heart of the City of London. It is a network-critical destination with interchanges for four tube lines (Central Line, Northern Line, Waterloo & City and District & Circle) and Docklands Light Railway.

400,000 people use the station every day, 100,000 at peak times. Effective operation of this station is essential to ensure unhindered movement to and across the City. The £607m Bank Station Capacity Upgrade Project from 2014-2021 will greatly improve passenger access, circulation and interchange, will increase capacity by 45% and will reduce journey times.

The pioneering use of Innovative Contractor Engagement (ICE) to select the best principal contractor (Dragados) and the supply chain placed value at the core of the project from the outset. BCSU’s client team conceived and developed (ICE) to ensure all good relevant ideas proposed during bidding are rewarded, developed and implemented in the project.

All the teams involved in this process have been actively engaged throughout the design process leading to the most optimal solutions which are ‘Best for Bank’.

Judges at the 2017 awards commented, “It is the project team’s approach of putting the station’s users and operators’ interests front and centre of every strategic and operational decision that makes this an outstanding beacon of best practice. Shared behaviours and an integrated management structure provide transparency so that benefit and risk are always considered in the light of what is best ‘Best for Bank’. “

The value category is sponsored by Artelia - a global project management and engineering consultancy, employing over 3,350 people in 39 countries. A large consultancy offering individuality and the freedom to make decisions based around their clients’ best interests, not external shareholders. Their aim is to bring out the best in an organisation; to improve the performance of people, assets and operations.

Entries are now open for the Value Category as well as 14 other categories in the Constructing Excellence SECBE Awards 2018. You can find out how to enter here.

The closing date for entries is the 5th of March 2018.

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