We understand the complexity of modern transport projects with their numerous structuring options resulting in different risk allocation models and will help you to successfully deliver a fully-financed project

Modern infrastructure projects consist of various different asset classes that can be combined in different ways creating different project structures suitable for different types of projects. Rail projects for example consists of basic elements like track infrastructure, systems & signalling and rolling stock that can be separated and owned by different parties or to some extent combined under one roof. Apart from the asset ownership model responsibility for both, operations and maintenance of such assets can be delivered through various different models as well. Port projects on the other hand consist of different assets like basic infrastructure, operational infrastructure, superstructure and terminal equipment that have very different economic life spans and hence require different financing and ownership solutions.

We identify and analyse all variations of ownership and operating models that support the technical solution selected as well as the economic objectives identified for the project. We undertake a careful process of detailed risk identification, analysis, quantification and mitigation to derive at the optimal project (ownership & financing) structure for your project and successfully secure external financing for the various elements of the project.

In addition, the structuring and delivery of modern infrastructure projects involves a large number of different stakeholders entering the project life cycle at different stages with different and often conflicting interests. An allocation of responsibilities among highly specialized developers, contractors, operators etc. is necessary to maintain state-of-the-art professional standards, as no single player possesses of all capabilities required. This task sharing, however, leads to significant conflicts of interest and interface risks between the various key players in the value chain, of which some risks will only materialize later in the life-cycle of the project but will have to be properly managed from the outset to successfully control them.

We support you in applying a life-cycle approach to costing and risk management to successfully manage these interface risks, including a forward-looking, life-cycle-oriented risk assessment as well as an understanding of stakeholders’ capabilities and willingness to take on and actively manage certain risks followed by the respective allocation of these risks.