Reinstatement Cost Assessment (RCA)
Bradley-Mason LLP provides a wide range of services in respect of building insurance and reinstatement after damage.
Summary
We can provide a reinstatement cost assessment, often known as an RCA and traditionally known as a fire insurance valuation. By utilising up to date information from the RICS Building Cost Information Service, combined with our own assessment of the property, a cost estimate is provided as a basis of your insurance. We have also been instructed to act as an expert witness where a dispute has arisen over the level of insurance on a property and whether the previous calculation was correctly prepared.
We can provide specific advice to either the insurers or the insured in respect of specific building issues which may have an impact on building insurance. Typical issues include the standard of insulation to industrial cladding and issues to residential flats following the Grenfell disaster.
Our project management team have developed a specialist service in the rapid assessment of works arising from an unfortunate disaster, which may be flood damage, a fire or vandal attack. We would quickly assess the damage, prepare an outline feasibility for the work required and act on a client’s behalf to agree this with the insurer’s loss adjuster. The works are then specified, tendered and project managed to ensure a property is occupied as soon as possible and the impact on our client’s business minimised.
Reinstatement Cost Assessment (RCA)
An insurance valuation or reinstatement cost assessment (RCA) is used to calculate the potential cost to rebuild a structure and provide a ‘day one reinstatement’ figure, also known as the declared value.
Planned Preventative Maintenance Surveys for Commercial Properties
A proactive approach to building management that focuses on preventing issues before they occur.
Project Management Services
Our dedicated project management team ensure all aspects of design and project management are delivered to the highest standard, keeping to budget and time-frame deadlines.
Meet the RCA Experts
Bradley-Mason LLP provides Reinstatement Cost Assessments (RCAs) for commercial properties across the UK, helping owners, occupiers and property managers confirm that buildings are insured for an appropriate reinstatement value. Our chartered building surveyors assess the likely cost of rebuilding following major damage or total loss, providing clear, detailed advice to reduce the risk of underinsurance and support accurate insurance cover.
Richard has over 27 years of experience, with a strong background in both building surveying and project management, working for public and private sector clients. Richard specialises in professional matters including condition surveys for acquisitions or for planned and preventative maintenance, reinstatement cost assessments (RCAs) on multi-million-pound property portfolios and assessments and negotiations on interim and terminal schedules of dilapidations. An experienced party wall surveyor and member of The Pyramus & Thisbe Society, acting for both building and adjoining owners.
You can contact Richard on 01423 611 604
Clients We Work With
We work with clients across a broad range of sectors, including property buyers and asset sellers, commercial landlords and tenants, business operators and investment managers.
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Speak to the Experts
With 5 offices throughout the UK, Bradley-Mason LLP are centrally placed to cover the UK and Europe. Please call the office local to you and speak to one of the team about your property requirements.
Harrogate (Head Office)
01423 611 604
London
0203 390 1217
Manchester
0161 403 0143
Sheffield
0114 368 0104
Bristol
0117 212 0139
