We are often asked the best way to fund an Ambulance Make Ready Centre (MRC). Having delivered five Ambulance MRC’s since 2010, a total of over 11,200m2 of built space and with a further three in development and three in feasibility across the UK, we have a lot of experience in various funding routes.
In the construction sector there is a well established market for third party developers (3PDs). Their service covers building and leasing back buildings to end users and other providers. Where resources and expertise are scarce, 3PD’s can provide a workable and timely solution. Indeed we have worked with 3PD’s on a number of building projects and in certain circumstances this route is applicable to Ambulance Make Ready Centre projects.
However in such a specialist sector as Ambulance Make Ready Centres, the benefits of a NHS Trust engaging a 3PD to fund an Ambulance MRC are often less clear. Whilst the initial costs may seem attractive, we believe a Capital Build approach is usually the best way to fund an Ambulance Make Ready Centre.
To help with the discussion we’ve created, in partnership with our specialist property and legal consultants, the following comparison;
Capital Build v 3rd Party Developers for Ambulance MRC’s
As can be seen, if the initial capital outlay can be effectively managed, then owning the site is by far and away the best option to fund an Ambulance MRC.
The caveat of course is having an experienced consultancy and delivery team who can;
- apply year’s of MRC specific learnings
- devise a site strategy that assists with the initial capital outlay
- advise on all legal aspects of the project
- provide cost effective packaged site and building designs that are adaptable and flexible
- effectively engage MRC staff
- successfully gain planning consent
- maximise investment through managed contractor tenders
- deliver an operational MRC on-time and on-budget
- support the operational lifespan of the building and protect it’s future value to the Trust
We believe only Chawton Hill has the experience, established consultancy partners and the ‘willingness to go that extra yard’ as SECAmb has commented, to deliver MRC’s for the NHS across the country.