REFURBISHMENT OF MAMMAN KONTAGORA HOUSE AT LAGOS FOR FEDERAL MORTGAGE BANK OF NIGERIA (FMBN)

The Federal Mortgage Bank of Nigeria (FMBN) commissioned the refurbishment of Mamman Kontagora House in Lagos to modernize the facility, enhance operational efficiency, and improve the building’s structural and aesthetic standards.
  • Client
    FMBN
  • Location
    Lagos, Nigeria
  • Role
    Quantity Surveying Consultant
  • Status
    Completed
Project Type / Building Refurbishment and Upgrade

“Y. S. Associates Ltd. was engaged as the Quantity Surveying and Cost Management Consultant, responsible for providing professional cost advisory services to ensure the project was executed within budget while meeting the client’s quality expectations and regulatory standards.

The Challenge

The refurbishment project presented several technical and financial challenges, including:

  • Working within the constraints of an existing structure

  • Identifying and addressing hidden defects common in older buildings

  • Ensuring minimal disruption to surrounding operations

  • Maintaining strict cost control amid varying refurbishment requirements

  • Aligning modern building standards with the existing architectural framework

These factors required careful planning, cost forecasting, and continuous financial oversight throughout the project lifecycle.

Process:

  • Detailed Condition Assessment and Cost Planning
    The project began with a comprehensive review of the building’s existing condition. Y. S. Associates worked closely with the design and engineering teams to identify necessary upgrades and develop a realistic cost framework.
    Key Actions Included:
    1. Assessment of structural, architectural, and service elements.
    2. Development of cost estimates for refurbishment works.
    3. Budget alignment with client objectives.
    4. Identification of cost-saving opportunities without compromising quality.
  • Transparent Procurement and Contract Administration
    To ensure value for money and contractor accountability, Y. S. Associates implemented a structured procurement process.
    Our Responsibilities Included:
    1. Preparation of Bills of Quantities and tender documentation.
    2. Coordination of the tendering process.
    3. Evaluation of contractor bids and recommendations
    4. Preparation and administration of contract agreements.
    This process ensured that competent contractors were engaged under fair and transparent terms.
  • Continuous Cost Monitoring and Financial Control
    During construction, Y. S. Associates maintained strict financial oversight to keep the project on schedule and within the approved budget.
    Core Activities Included:
    1. Interim valuations and payment certifications.
    2. Monitoring of variations and additional works.
    3. Cost reporting to the client.
    4. Final account preparation and reconciliation.
    Through disciplined cost management, the project maintained financial stability while achieving the required quality standards.

Project Outcome

The refurbishment of Mamman Kontagora House was successfully completed, delivering a modernized facility that meets contemporary operational and structural requirements.

Key results included:

  • Improved building functionality and aesthetics

  • Enhanced safety and service systems

  • Efficient use of available project funds

  • Delivery in line with the client’s expectations

Looking to Refurbish or Upgrade Your Facility?

Y. S. Associates provides expert quantity surveying, cost management, and project advisory services for both new construction and refurbishment projects.

Contact us today to discuss how we can help you deliver value-driven and efficiently managed projects.