Client: Global Investment Company

What the Advisor was asked to do

We were commissioned to prepare a Due Diligence Report in relation to the refinancing of an existing road concession in the UK. We needed to consider current and future risks around technical performance and residual life, in particular analysing the current condition, deterioration assumptions, and the timing of interventions going forward. We considered the financial and contractual performance to date, and commented on the technical and commercial feasibility of taking on the concession by the client.

What the Advisor Did

Using the ‘Asset-Centric’ toolkit and diagnostic approach for the commission we identified a number of tasks, roles and responsibilities for our small but broadly experienced team and focused on critical risk areas, technical, commercial and contractual. We reviewed key data and documentation, looked at O&M and lifecycle costs, and considered future risks and opportunities. We dug a bit deeper into the financial assumptions presented to our client, and also the life cycle analysis to determine the accurate position.

Benefits

The client was presented with a clear, unambiguous, plain language, and high technical quality Report, outlining the current position, and the risks associated with technical, financial and operational performance of the concession relating to the Contract.

Our Report enabled the client to make a quicker decision about the feasibility of refinancing the concession.