Given our perilous financial position, I don’t think we were in a position not to do it.
I would be amazed if there haven’t been design changes or compromises adopted, to cut costs and protect the available budget.
Cost overruns due to design clashes, changes and discovery often happen on projects. When the client hits financial difficulty, cost control and hopefully reduction, become the absolute priority.
Value engineering is the fancy name for it. It can work ok if the design team still make the decisions and advise the cost consultants, game over if the cost consultants have been given control with a brief to cut costs.
It will be blue emulsion in the boardroom, rather than historic Everton inspired, embossed satin wall-covering.
I really do hope you’re right, it would certainly make Moshiri the bravest / craziest (delete to suit) accountant ever.