Project 2012 costs
The Royal Society of Medicine has worked closely with professional advisors to draw up architects' plans and to work through the relevant costings. The financial estimate for the Phase 2 construction work is approximately £1.9 million.
Phase 1 - COMPLETED
| Training suite and three seminar rooms | £308,000 |
| Private Dining Room | £277,000 |
Phase 2: |
| New lecture theatre | £966,000 |
| First floor meeting rooms | £421,000 |
| New washrooms | £66,000 |
| Professional fees @ 22% | £197,000 |
| Contingency 10% | £165,000 |
| Sub-total | £1,815,000 |
| Payable VAT | £90,750 |
| Total required | £1.906 million |