Halcrow has vast experience in managing risk – a key determinant in assessing viability of any proposal for private finance involvements.
We ensure that risks are appropriately allocated to the parties best placed to manage and mitigate them, while specifications are flexible enough to achieve efficiencies from innovation and application of best practice. This makes sure investors are given good returns.
Halcrow provides transaction advice covering the commercial and technical aspects of acquiring/selling, developing, constructing and operating railway assets. We provide advice for privatisations and infrastructure projects using design-build-finance-transfer, design-build-finance-maintain, design-build-finance-operate, and bespoke public-private partnership structures. This includes advice to procuring authorities and funders, bidders, infrastructure providers and contractors, operators and concessionaires, and regulatory and financial institutions. Halcrow has strong international experience as lender’s technical adviser.
Railways worldwide, operate in a challenging environment, needing to balance market demands, capacity and financial performance. Halcrow provides robust and practical advice to regulators, railways, light rail metros, funders and private sector interests around the world to meet these challenges and improve competitiveness and financial performance.
Our due diligence and transaction services cover:
Development phase including:
- technical and commercial due diligence
- demand/revenue forecasting
- economic appraisal
- developing/structuring concessions
- preparing and presenting pre-feasibility and feasibility studies
Procurement phase including:
- technical and commercial due diligence
- tender preparation/evaluation
- risk identification/management
- advice on operations/maintenance
- contract/negotiation advice
Construction and operational phases including:
- technical and commercial due diligence
- construction monitoring/reporting
- monitoring/reporting on operation and maintenance performance