caribbean

Transcription

caribbean

CARIBBEAN
CAPABILITY
STATEMENT
OFFICES AROUND THE WORLD
AMERICAS
ASIA
EMEA
OCEANIA
CANADA
Calgary
CHINA
Beijing
Chengdu
Chongqing
Dalian
Guangzhou
Guiyang
Haikou
Hangzhou
Hong Kong
Macau
Nanjing
Qingdao
Shanghai
Shenyang
Shenzhen
Tianjin
Wuhan
Wuxi
Xian
Zhuhai
MIDDLE EAST
Abu Dhabi
Doha
Dubai
Muscat
Riyadh
AUSTRALIA
Adelaide
Brisbane
Cairns
Canberra
Darwin
Gold Coast
Melbourne
Newcastle
Northern NSW
Perth
Sunshine Coast
Sydney
Townsville
Western Sydney
CARIBBEAN
Bahamas
Barbados
Cayman Islands
St. Lucia
USA
Boston, MA
Chicago, IL
Denver, CO
Hagatna, GU
Honolulu, HI
Kennewick, WA
Las Vegas, NV
Los Angeles, CA
New York, NY
Orlando, FL
Phoenix, AZ
Portland, OR
San Francisco, CA
Seattle, WA
Tucson, AZ
Waikoloa, HI
Washington, DC
INDIA
Mumbai
INDONESIA
Jakarta
MALAYSIA
Kota Kinabalu
Kuala Lumpur
PHILIPPINES
Cebu
Davao
Manila
SINGAPORE
Singapore
SOUTH KOREA
Seoul
THAILAND
Bangkok
VIETNAM
Ho Chi Minh City
UK
Birchwood/Warrington
Birmingham
Bristol
London
Manchester
Sheffield
Teeside
Welwyn Garden City
Wokingham
EUROPE
RLB|EuroAlliance
Austria
Belgium
Bulgaria
Czech Republic
Estonia
France
Germany
Greece
Hungary
Ireland
Italy
Kazakhstan
Latvia
Luxembourg
Malta
Netherlands
Norway
Poland
Portugal
Romania
Russia
Spain
Sweden
Slovakia
Slovenia
Switzerland
Turkey
Ukraine
NEW ZEALAND
Auckland
Christchurch
Otago
Palmerston North
Tauranga
Wellington
RIDER LEVETT BUCKNALL – RESPONSIBLE MANAGEMENT
As a global provider of construction and property advice we recognise that we can make a real difference to our
environment, through our business practices and the work we undertake for clients. We have clear environmental
objectives to minimise waste (including materials and energy) and use renewable or recyclable materials where possible.
This document is printed on recycled material, produced from well-managed forests and other controlled sources,
certified under the FSC system and the World Land Trust. The design of this product, selection of materials and finishes
has been informed by our Corporate Responsibility policy.
GLOBAL COMPANY
LOCAL APPROACH
The constraints on the modern
construction industry require
a progressive and fast-paced
response.
It's no longer just about getting
things done; it's getting them
done with added value.
Chairman
Martyn CW Bould MBE | FRICS, MCIArb, MAPM
(m) +1 345 916 0724
(t)
+1 345 946 6063
(e) [email protected]
Martyn Bould MBE
Chairman
Caribbean
Rider Levett Bucknall
understands this.
Managing Director
The depth and breadth of
our cost consultancy, project
management, project monitoring
and advisory services reflects
Rider Levett Bucknall's deepseated commitment to delivering
superior customer service and
market-focused solutions, which
help projects and clients succeed.
Mark Williamson | BSc Hons, LLB, FRICS
This Capability Statement
describes Rider Levett Bucknall's
ability, based on more than 40
years Caribbean experience, to
deliver such services throughout
the Caribbean.
Director
(m) +44 7979 686 486
(t) +44 117 974 1122
Mark Williamson
Managing Director
Caribbean
Julian Anderson | FRICS, CCC
(m) +1 480 577 4312
(t) +1 602 443 4848
Julian Anderson
President
Americas
Beijing Office
Simon Tuen MRICS MHKIS
(m) +86 186 1173 0022
(t) + 86 10 6515 5818
Simon Tuen
Director
Beijing
Beijing Office
Peter Kwan MRICS
(m) +86 134 2622 1867
(t) + 86 10 6515 5818
Peter Kwan
Associate Director
Beijing
Disclaimer: While the information in this publication is believed to be correct at the time of publishing, no responsibility is accepted
for its accuracy. Persons desiring to utilise any information appearing in the publication should verify its applicability to their specific
circumstances.
CARIBBEAN CAPABILITY
STATEMENT
WHO WE
ARE
Our culture reflects a state of
mind which delivers a proactive,
entrepreneurial approach and a
commitment to customer and project.
We focus on creating long-term value
and long lasting relationships, where
the customer benefits first.
We believe lasting value is achieved
through clarity of customer strategy
and property needs, a dynamic
management team, delivery of a
superior service and the ability to be
forward-thinking, based on depth of
experience.
A visionary in our sector, Rider Levett
Bucknall’s passion for the ideas and
personal commitment to our projects
is very strong. The team's mission is to
share its expertise and participate in
the process of transforming projects
into tangible results which continue to
add value to our customers.
Although we are a multinational firm
spread across the globe, we fully
understand that one of the keys to a
successful project is centred around
building individual relationships
to match the project team's goals
with the client's needs. Through our
seamless operation between offices,
the relationships built on any project
can be leveraged anywhere around
the world.
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The four offices in the Caribbean
region operate as a seamless
practice, sharing both expertise and
manpower to provide local, regional
and multinational clients with the best
possible service. This organisation
extends from the Caribbean to all of
our global practices, linking 3,000
team members in more than 117 offices
throughout the Caribbean, Americas,
Asia, Europe, the Middle East, Africa,
and Oceania.
STATEMENT
HISTORY
Over Two Centuries of Experience
The origins of Rider Levett Bucknall
trace back over two centuries to
1785 when Henry Cooper, the son of
a master carpenter, founded a firm
of Quantity Surveyors in Reading,
England. Henry Cooper and Sons
opened its second office in London
in 1799. Throughout the nineteenth
century the firm carried out a number
of engineering projects under the
direction of Isambard Kingdom Brunel,
the famous Victorian Civil Engineer.
In 1895 Henry Cooper's grandsons sold
the London practice to John Rider
Hunt. A partnership agreement was
signed between the London practice
and the original practice in Reading
and after John Rider Hunt's death in
1910, the London firm was renamed
Rider Hunt and Partners.
The firm later opened offices in
provincial centres throughout England,
and in 1948 Rider Hunt and partners
first overseas office was opened in
Melbourne, Australia by Harry Wexler.
Bucknall Austin first opened in the
United Kingdom in 1947 and has since
successfully grown to over 400 people
with offices throughout the UK.
Levett & Bailey was established as
a local firm of chartered quantity
surveyors in Hong Kong in 1962. From
a modest beginning, the practice has
grown with the economic expansion
of Hong Kong to become one of the
largest in the world, with branch offices
throughout China.
In 1992 Rider Hunt joined forces with
Construction Services Limited (CSL),
a firm specialising in construction
cost estimating, to form Rider Hunt
Levett & Bailey. CSL was founded by
Jack Matthews in Hawaii in 1968 and
operated throughout the Pacific in
such places as Guam, Diego Garcia,
Kwajalein, and the Philippines.
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In 2003, after delivering projects
across the Caribbean for over 30
years, Bould Consulting and Tower
Consultants joined forces with UKbased Bucknall Austin and established
offices in the Cayman Islands and
Barbados.
On June 25, 2007, Rider Hunt / Levett
& Bailey and Bucknall Austin joined
to become the Rider Levett Bucknall
Global Practice providing more than
2000 people in over 80 offices and
offering a comprehensive range of
construction consulting services in
every continent.
In July of 2008, Bucknall Austin's
Cayman Islands and Barbados offices
rebranded as Rider Levett Bucknall,
working in harmony with other highly
mobile international resources, now
totalling 3,000 staff in 117 offices
globally, to provide additional project
support throughout the Caribbean
region.
STATEMENT
GLOBAL
OFFICES
Caribbean (4)
Americas (21)
EMEA (42)
Asia (31)
Oceania (20)
Barbados (1)
Canada (1)
Oman (1)
China (20)
Australia (14)
Cayman Islands (1) USA (20)
Qatar (1)
India (1)
New Zealand (6)
Bahamas (1)
Saudi Arabia (1)
Indonesia (1)
St Lucia (1)
United Arab
Malaysia (2)
Emirates (2)
Philippines (3)
United Kingdom (9) Singapore (1)
Europe (28)
South Korea (1)
Thailand (1)
Vietnam (1)
See inside back cover for full details
OVERVIEW OF
BUSINESS
Rider Levett Bucknall excels at
providing solutions and creating
value for its customers while
embracing a culture founded on
teamwork.
We deliver a continuously improving
service to our customers and know
that the following points set us apart
from our competitors in this dynamic
industry:
• Emphasis on long-term customer
relationships
• A commercial approach to
delivering solutions
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• Services tailored to our individual
customer's needs
• Identifying and implementing
innovative procurement strategies
• Managing total project cost and
value
• Wide diversity of construction and
property professionals
• Motivation through ownermanagement - we like to have fun!
STATEMENT
RLB
CARIBBEAN
Spanning 1,500 miles, the
Caribbean is a diverse region with
unique regulations in each country.
Rider Levett Bucknall offers over
40 years of local experience
in quantity surveying, project
management, contractual advice
and dispute resolution throughout
the region.
Since establishment of a Caribbean
presence in 1969, Rider Levett
Bucknall has adapted proven
property and construction
consultancy skills and developed
them to manage challenges unique
to the Caribbean.
These challenges include the
need to import the vast majority
of materials, the use of a limited
and less mechanised work
force, immigration controls and
construction contracts unique to
the region.
With unparalleled local market
knowledge, our offices in Barbados,
Cayman Islands, Bahamas and St
Lucia continue to provide superior
service throughout the Caribbean.
Cayman Islands
Barbados
Fourth Floor
Altman Annex
Genesis Building
Derricks
13 Genesis Close
St James
PO Box 1489
Barbados
Grand Cayman
W.I. BB24008
KY1-1110
(t) +1 345 946 6063
(t) +1 246 432 5795
Bahamas
St Lucia
PO Box N-10977
PO Box 456
Cable Beach
Gablewood
West Bay Street
Sandy Acres
Nassau
Castries
St. Lucia
7
(t) +1 242 677 9124
(t) +1 758 452 2125
STATEMENT
CARIBBEAN
ECONOMIC
OVERVIEW 2012
Overall, the Caribbean continues
to be gradually recovering from
recession, although this varies
considerably between islands and
it is dependent upon the successful
outcome of a number of factors
which could threaten this ongoing
recovery. These include reducing
debt levels, boosting public and
private sector investment and
expanding exports. Low potential
growth remains a key challenge for
the region.
Total GDP growth for the Caribbean
in 2012 is anticipated to have
been around 1.5%, but this varies
considerably between islands: Haiti
(6%) and Dominican Republic (4.5%)
are two of the highest growth
economies, while Jamaica and St
Kitts & Nevis are expected to have
shown slight falls in GDP. For 2013,
dependent on the outcome of
various initiatives, Caribbean growth
could reach 3%.
In September 2012, the IMF pointed
out that ambitious reforms were
needed for growth to return in the
Caribbean. Although the region is
gradually recovering after a deep
recession, concerns were expressed
over low potential growth, high debt
ratios and the fact that “tourism
and services-dependent economies
remain adversely affected by
the tepid recovery in advanced
economies”.
The Economic Commission for
Latin America and the Caribbean
(ECLAC) stated in December 2012
that Caribbean countries will “remain
fiscally fragile, and will require
reforms accompanied by external
support to ensure sustainable fiscal
consolidation trajectories”.
Having grown by almost 4% in 2011,
the Caribbean tourism industry is
continuing the recovery process
which began in 2010 and a growth
rate of around 5% in tourist arrivals
is anticipated for 2012. The larger
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destinations, including Cuba,
the Dominican Republic, Puerto
Rico and the U.S. Virgin Islands,
continued the historical trend of
leading growth in the region. This
subgroup, which accounts for more
than half of all arrivals to the region
on an annual basis, grew by 4.2%
in 2011. Others, including Bermuda,
Barbados, Grenada and Montserrat
saw significant declines in tourist
numbers in 2012. There has been
continued growth of the cruise
industry internationally and huge
investments in cruise ships through
to 2014 reflect the commitment and
optimism of the industry.
The active Caribbean hotel pipeline
(under construction or planned) is
around 50 hotels, covering 8,500
rooms; of these, around one third
of the rooms are in the luxury
category. This pipeline represents a
3% increase in the total room supply.
Led by the Dominican Republic’s
active programme, other notable
developments include the Bahamas
and Puerto Rico. Other countries
reporting a significant growth in
rooms include Haiti, Anguilla, St.
Kitts/Nevis, Dominica and Aruba.
Investment in infrastructure –
including major airport expansion
– is common across the Caribbean,
as the islands seek to increase their
appeal to the critical international
tourist market.
With a generally lethargic
construction industry in the
Caribbean, there appears to
have been very little change in
construction prices during 2012.
STATEMENT
CORE SERVICES
COLLABORATIVE
WORKING
Collaboration is more than a
specialist service we offer, it flows
through our approach to everything
we do. We are experts in team
building, maximising whole life
value, benchmarking performance,
capturing best practice and
generating continuous improvement
in both service and asset delivery.
• Encourages the whole project
team, client, consultants and the
delivery supply chain to work in
partnership with a single focus,
the successful delivery of the
project goals
• Improves communication at all
levels
• Harnesses the collective
knowledge and expertise of the
supply chain by early involvement
in the decision making process
- this is the single most important
aspect to delivering long term cost
and schedule benefits
• Reduces waste and improves
efficiency in the supply chain
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• Provides a focus on whole life best
value not just lowest capital cost
• Reduces schedule time through
reducing waste and abortive works
• Improves quality through greater
project understanding throughout
the supply chain
• Encourages creativity and
innovation
• Focuses on best practice and
continuous improvement at
all levels, service, project and
component level
• Enables better delivery of services
and/or products
STATEMENT
CORE SERVICES
COST
CONSULTANCY
Rider Levett Bucknall specialises
in all aspects of Cost Consultancy,
providing a wide range of
comprehensive professional
services to its clients.
Our approach is one which
focuses on the business needs of
the customer and aims to deliver
a quantity surveying and cost
management service which enables
our customers to make informed
decisions in relation to their
property assets.
Our range of services is enhanced by
our sector expertise and appropriate
experienced staff that will provide
positive advice at the various stages
of the project cycle.
Feasibility Studies | Our internal
benchmark information enables us
to provide a speedy response at
early stages of a project to assess
if the project requirements can be
achieved and to offer alternative
solutions if appropriate.
Cost Modelling | This can be used as
a dynamic tool to review alternative
design options and explore “what
if” scenarios to identify the most
cost effective options within the
parameters of the brief.
Cost Planning | Our cost plan will
be a detailed elemental budget
which will form the key cost
management control document and
will be prepared in conjunction with
the whole project team to ensure
ownership of the budget. All future
changes will be managed against the
approved cost plan.
Value Engineering | We will work
with the project team, and where
required, facilitate workshops in
order to undertake a structured
review at key project stages to
ascertain that the project is meeting
the functional requirements of the
brief and is providing whole life value.
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Risk Analysis and Risk Management |
We will advise the project team
on strategies for identifying and
minimising specific risks together
with appropriate levels of cost and
a methodology for managing risks
within the identified levels.
Specialist Mechanical and Electrical
Cost Advice | Our specialist cost
managers are able to provide
cost advice in relation to services
installations and where appropriate
are able to challenge designs based
upon their detailed understanding
of technical knowledge and design
criteria relating to installations.
Procurement Advice | Based upon
the customer's principal objectives
in relation to cost certainty, quality
of design, workmanship and
schedule we will undertake a review
of these objectives and provide
recommendations in relation to the
optimum procurement method to
best achieve these objectives.
Contractor/Supplier Selection |
Evaluating the most suitable
contractors and suppliers for a
project based upon scope, content,
complexity, procurement and the
need for specialist knowledge and
innovative thinking.
Bid and Contract Preparation and
Evaluation | Preparation of bid and
contract documents which provide
details of the project requirements
and clearly identify responsibility
for risks.
Pre and Post Contract Cost
Control | A key element of our
role is to manage the costs within
the approved budget through
continual cost checking of design
development, value engineering,
alternative cost studies, and postcontract cost control including the
change order processing.
STATEMENT
CORE SERVICES
PROJECT
MANAGEMENT
At Rider Levett Bucknall, Project
Management is a multi-faceted
core service.
Clients commission Rider Levett
Bucknall to develop, roll-out and
manage programmes; lead project
teams; and to staff client project
teams.
Project Managers combine
cost consultancy knowledge,
project management ability and
communications skills to manage
construction and development
projects from inception to
completion. They understand the
balance needed to meet budget
and milestones within timeframes
without compromising quality.
Rider Levett Bucknall manages
projects from the outset, setting
out a control framework for the
entire construction process. Using
advanced computer systems
and clear reporting procedures,
projects are delivered to precise
requirements.
The provision and structure of this
service varies across Rider Levett
Bucknall's operating regions, often
depending on the individual client's
needs and building requirements,
but the quality of the service
remains the same.
Rider Levett Bucknall's Project
Management service offers a
multi-skilled approach to running
projects in specialty streams:
Project Evaluation
• Disseminating overall impacts
• Improving project process delivery
advice
• Post project evaluations
• Owner’s Representative
• Acting as the client's
representative throughout the
project
• Establishing the building
programme and obtaining bids
• Resolving post-completion matters
Owner’s Representative
• Acting as the client's
representative throughout the
project
• Establishing the building
programme and obtaining bids
• Resolving post-completion
matters
Risk Management
• Administrating construction
contracts
• Identifying strategies to minimise
risk
• Managing risks within identified
levels
Programme Management
• Coordinating management of a
portfolio of projects
• Reducing ambiguity through
negotiation
• Creating project frameworks
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STATEMENT
CORE SERVICES
PROJECT
MONITORING
Many property projects require
the injection of outside capital to
finance the construction process.
This funding is often provided by
organisations specialising in the
provision of such financial support
but who may not be familiar with
the intricacies of the construction
sector and the processes involved in
successful project delivery.
Rider Levett Bucknall has developed
a specific suite of services for such
organisations to enable them to
operate in the construction sector
with the knowledge and comfort that
their interests are being monitored
and protected.
We consider that successful service
provision requires two things;
understanding the critical success
factors for those funding construction
projects and providing a range of
services relevant to the achievement
of the critical success factors.
Key Issues
From the funding body’s point of view
a project is normally successful if:
• The initial scheme proposal is viable
and provides the funding body with
a defined and acceptable return.
• The borrower has the ability to
undertake and deliver the project.
• Unforeseen events do not arise
or, in the event that they do, a
rapid response is implemented to
mitigate or remove their impact
and maintain the original intent.
Each of the above critical success
factors needs to be individually
assessed at the outset and kept under
close scrutiny throughout the project
life to ensure that the funding body’s
objectives are achieved.
Rider Levett Bucknall’s suite of
services is designed to interrogate
the information available at every
stage of the project and to measure
and assess whether the project
is achieving the goals set by the
funding body.
In addition Rider Levett Bucknall has
the skills and experience to provide
positive advice to the funding body
and, if appropriate, to the borrower,
to enhance the viability of the
initial proposals or, if deviations
from the proposed scheme occur
after commencement, to assist in
bringing the project back within the
funding criteria.
We set out below the detailed
approach we adopt and how the
goals of the funding body are
addressed.
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STATEMENT
CORE SERVICES
PROJECT
MONITORING
Scope of Project Monitoring Services
The services provided can be
separated into two distinct stages.
The first of these stages is that
undertaken as part of the funding
body’s vetting of the project and
decision to provide funds. The second
stage runs from the affirmative
decision to proceed, until the
successful conclusion of the funding
arrangement.
Stage 1 - Initial Project Review/Audit
When Rider Levett Bucknall is
involved in the very early stages of
the project we recommend that we
undertake an initial project viability
audit. The purpose of this exercise
is to assess project viability on a
number of different fronts including;
In addition, if, during the audit, we
feel that there are issues that could
enhance the scheme viability, these
are set out as recommendations
in a separate section of our report.
Examples of items that may influence
the project include;
• The impact and availability of
grant funding, tax credits, capital
allowances, etc.
• Market demand and need
• Design/specification enhancements
that add value.
• Reasonableness of the
development costs (in relation to
demand)
• Immigration and Import Restrictions
• Applicability of the proposed
procurement route and contract
strategy
• Ability of the borrower and/or its
professional advisors to undertake
the work
• Analysis of the form and content of
the programme
• Analysis of the cashflow and its
relationship to the terms of the
funding arrangements
• Statutory requirements/consents
17
The audit takes the form of a review
of the project information available
and a meeting with the potential
borrower. Following this a report is
prepared setting out the findings,
including a risk analysis of any
highlighted deficiencies and a series
of recommendations of how the risks
can be removed and/or managed.
• Access Constraints
• Political Risk
• Industry Capacity
The resulting report provides the
funding body with a professional view
on the viability of the project and the
ability of the borrower to deliver it.
Subject to our client’s availability it is
our philosophy to always present our
report in person and to fully explain
and explore all aspects of the findings
and recommendations.
STATEMENT
CORE SERVICES
PROJECT
MONITORING
Stage 2 – Post Funding Decision
Monitoring
Following the decision to fund the
project/development Rider Levett
Bucknall will develop a series of
scheme specific key performance
indicators that measure and record
performance against agreed
goals. We then undertake regular
monitoring of the indicators and the
progress of the project, highlighting
any deviations that are likely to affect
the funding body’s objectives, and
recommend solutions.
Whilst the project specific
performance indicators will be
developed to reflect the individual
nature of each project, there are
common features/indicators that we
will monitor including:
• Main and sub-contractor
procurement and selection
procedures
• Creation and formalisation of all
contract documents including
warranties
• Insurances
• Statutory consents/approvals
• General project personnel
competencies and turnover
• General macro market conditions
and their impact on the project
• Progress and programme
adherence
• Projected outturn costs and
cashflow requirements
• Quality
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Each of the above items may be
broken down into a series of subitems depending on the complexity of
the project. For example projects may
have several concurrent phases each
with its own programme, cashflow,
drawdown, etc. In such situations the
monitoring may be undertaken at
several levels that are then reflected
in the structure of reports.
The collection of data is undertaken
by a number of methods
including attending site meetings,
undertaking independent site visits
and inspections, reviewing reports
and programmes and directly
interfacing with project personnel
where necessary.
The findings of our monitoring role
are summarised in regular reports
(normally monthly) together with
any recommendations for further
detailed reviews or actions in
the face of deviations. Again it is
our philosophy to present these
reports in person and to discuss the
recommendations in detail.
The report provides the funding body
with an ‘at a glance’ status report on
the project highlighting deviations at
the earliest time. The report provides
the funding body with the comfort
that the project remains within the
funding criteria or early warning
of deviations, backed by sound
recommendations for rectification or
mitigation measures.
The information gathered is also
used in the verification of interim
applications for payment and the
drawdown of agreed funds.
STATEMENT
CORE SERVICES
ADVISORY
SERVICES
Advisory Services emerged during
the 1990s in response to client
needs for a more sophisticated
approach to the questions of the
conception, delivery, operation and
disposal of an asset throughout the
property lifecycle, in other words
total asset management.
Rider Levett Bucknall's Advisory
Services delivers independent
assessment and analysis services to
property, construction and facilities
sector clients across seven streams:
Asset Advisory
• Life cycle cost planning
Today, Rider Levett Bucknall's
expertise and experience across the
property cycle enables the company
to make a real difference to a client's
corporate performance.
• Cost-benefit analysis
In recent years, Advisory Services
have provided strategic services
to leading organisations. In the
Caribbean, our projects include
Alternate Energy Resources, and
Trust Property Administration in the
Cayman Islands, Asset Rationalization
in Trinidad and Tobago, and Cruise
Ship Docking in St Maarten to name a
few. RLB has also completed projects
around the world including multiplebillion dollar military privatisation
housing projects across the US, the
facilities management outsourcing of
Qantas' 80 buildings in New South
Wales (NSW) in Australia. Rider
Levett Bucknall was subsequently
commissioned to undertake an audit
of Qantas facilities in the Australian
Capital Territory (ACT), Victoria
and Tasmania.
• Total asset management planning
In the coming years Rider Levett
Bucknall will increasingly leverage
its global reach and ability to
enhance value and mitigate risk for
organisations investing or expanding
into new markets.
• Sustainability and environmental
reviews
Facilities Consultancy
• Facilities and operational
performance auditing
• Building quality assessment and
benchmarking
Building Surveying
• Condition and dilapidation surveys
• Tenancy 'make good'
reinstatements
• Building conservation and heritage
considerations
Risk Mitigation & Due Diligence
• Acquisition, disposal and outsource
issues
• Insurance replacement costs
• Risk assessment and analysis
• Procurement Strategies
• Needs analysis and definition of
briefs
• Develop, own and lease options
(including PPPs)
• Contractual arrangements
Litigation Support
• Expert witness
• Claims preparation and negotiation
• Arbitration and meditation
19
STATEMENT
CORE SERVICES
ADVISORY
SERVICES
RLB l Life
A dedication to understanding
the business needs of clients coupled with a commitment to the
enhancement, preservation and
protection of the environment has
led Rider Levett Bucknall to the
development of our proprietary Life
services which help clients achieve
more efficient, cost conscious and
sustainable results, now and into the
future.
• RElifing® identifies if, when and
where to spend money to capture
remaining asset value and extend
the life of existing buildings.
• Life Cycle Cost + Carbon Modelling
informs decisions on how to
minimise cost, maximise value and
lessen environmental impact of a
property throughout its life cycle.
• Building Quality Assessments
quantitatively analyse a building's
quality to identify areas where
upgraded capacity or utility could
enhance the performance of a
building.
• Formal Receivership, Voluntary
Administration, and Liquidation
Appointments Turnaround/
Workout Appointments
• Pre-lending Reviews
• Investigative Accountants'
Reviews Strategic Diagnostic
Reviews Business Viability Reviews
• Direct or Indirect Divestment of
Real Estate Assets Real Estate
Liability Negotiation
• Construction Cost Management
• Scope/Cost to Complete Studies
Distressed Real Estate Services
• Construction Project Management
Rider Levett Bucknall is now
working with owners, developers,
and real estate, financial, and lending
organisations to assist in designing
and implementing customised
turnaround solutions for distressed
commercial real estate.
• Arbitration, Mediation and
Alternative Dispute Resolution
Litigation Support
We can help you overcome
distressed commercial real estate
challenges, return projects or
portfolios to profitability or facilitate
appropriate exit strategies.
21
We specialise in:
STATEMENT
CASE STUDY
PARK HYATT
RESORT
St. Kitts
The Project
When complete, The Park Hyatt
Resort St. Kitts will be a 300 key
5-star resort with world class
residential, recreational and dining
facilities at Banana Bay on the
stunning south-east peninsula of
the Island.
Overview
An extraordinary collaboration
between some of the world's best
architects, designers, developers
and hoteliers, Park Hyatt St.
Kitts is positioned as an intimate
and contemporary residential
environment, in which a discerning
guest will find sanctuary. This
ultra-luxury resort hotel will be
developed across three phases. The
first phase will be comprised of 125
rooms and feature contemporary
architecture with a colonial
influence.
23
Park Hyatt St. Kitts will be a
highlight of Christophe Harbour,
a 2,500-acre resort community.
Developed by Christophe
Harbour Development Company,
a subsidiary of Kiawah Partners,
Christophe Harbour is home to
private homes, an emerging 300slip super-yacht marina and village,
Tom Fazio 18-hole golf course,
award-winning restaurants, and
private membership club.
Our Role
RLB Barbados, along with our Dubai
office will be providing full Quantity
Surveying Services and have
recently concluded the contract
negotiations.
STATEMENT
CASE STUDY
MONTE BARRETO
HOTEL
Havana, Cuba
Project
Client Benefits
Development of this project has been
in the planning process for a number
of years. As Phase One of a 5-star
hotel complex in the upscale Miramar
area of Havana, Bellavista Resorts SA
planned to develop a 238-suite hotel
on a build procurement basis. Further
phases were set to include office,
retail and apartment spaces, a central
park and underground parking for
530 cars.
During peer review of the
contractors cost estimates, Rider
Levett Bucknall assessed their costs
to be above market value, which
saved the client approximately
US$1.5 million. In addition, Rider
Levett Bucknall advised on a number
of contractual issues which resulted
in additional cost savings for the
developer.
Our Role
"[Rider Levett Bucknall] provided
us - [within] a short time period
- with the detailed report resulting
from [their] study. [We are] satisfied
with the quality of the report,
which evidences the deep analysis
made of the bid and all related
documentation. We are also satisfied
with [their] prompt response ... to
our request."
Rider Levett Bucknall provided
due diligence services to Bellavista
Resorts SA in the form of a strategic
review of the US$55 million
construction bid received from
Bouygues Batiment International for
the construction of Phase One of
the resort.
Rider Levett Bucknall also reviewed
the design development against
Bellavista's requirements, evaluated
the proposed schedule for
construction of Phase One, analysed
the initial and revised designbuild offers, and assisted with the
construction approvals.
24
Testimonial
Rene Hubert, Operations Manager,
Bellavista Resorts SA
STATEMENT
CASE STUDY
THE JALOUSIE
ENCLAVE
Jalousie Bay, St Lucia
Project
The Jalousie Enclave will be the first
"green" resort in the world offering
buyers the opportunity to own
property in a designated United
Nations Educational, Scientific and
Cultural Organisation (UNESCO)
World Heritage Site. It is designed to
be an exclusive luxury and eco-friendly
Caribbean community offering 5-star
amenities to its residents and guests.
The residential resort - a combination
of 21 two or three-bedroom villas and
52 custom homes together with a
world-class spa, Clubhouse, private
Club pool and lake - is located in one
of the most meticulously preserved
natural environments in the world.
All structures will be built to the
USGBC's highest LEED™ standards,
incorporating grey-water filtration
systems, solarpowered water heaters
and several “green” roofs to ensure the
preservation of the area's protected
natural resources.
Our Role
Rider Levett Bucknall is to provide
project and cost management
services throughout the pre and post
contract phases on this prestigious
development.
25
To date, Rider Levett Bucknall
has reviewed the entire scheme,
rationalised the infrastructure design,
bid a more economic programme and
developed a project phasing schedule.
Client Benefits
With Rider Levett Bucknall's
knowledge of sustainable design
and luxury residential development,
partnered with a unique understanding
of local St. Lucia project
considerations, the client is receiving a
project that better satisfies the design
intent of the development while
maximising cashflow and minimising
the risk of abortive work.
Testimonial
"We are pleased that Rider Levett
Bucknall is working with us to bring
The Jalousie Enclave to fruition. With
a team of accomplished professionals
led by Rider Levett Bucknall, we will
preserve St. Lucia's natural landscape
and develop a visually stunning resort
for our future residents."
Pascal Mahvi, Developer, M Group
STATEMENT
CASE STUDY
KENSINGTON
OVAL RENOVATION
Barbados
Project
Testimonial
Often referred to as “The Mecca"
of cricket, the Kensington Oval has
hosted many important and exciting
cricket games between local, regional,
and international teams throughout
its 120-year history. The oval was
extensively rebuilt for the 2007
Cricket World Cup in a US$60 million
redevelopment which increased the
ground's capacity from 10,000 to
28,000 through the construction of
four new stands and the refurbishment
of two others. The outfield, pitches
and surfaces were also completely
replaced and work was carried out on
the exterior of the venue.
"RLB, in association with Cooper
Kauffman Ltd., were involved
in providing quantity surveying
services to World Cup Barbados
Inc. during the redevelopment
of Kensington Oval which was
completed in early 2007 to host
the Super 8 and Final matches of
the ICC Cricket World Cup. RLB’s
services included cost estimating,
value engineering, tender
documentation and evaluation,
contract administration and cost
reporting ensuring that the BD$155
million project was completed on
time in 21 months utilising as many
of the local construction resources
as possible to the benefit of the
local economy."
Our Role
cost consultancy and contract
management services for the
redevelopment. We focused the
project administration and guided
the flow of information to ensure
project deadlines were met from
design through to completion.
26
Miles Weekes, ProBuild
STATEMENT
CASE STUDY
ST LUCIA NATIONAL
HOSPITAL
Castries, St Lucia
Project
Client Benefits
The Ministry of Health of the
Government of St Lucia is
constructing a new hospital on a 15acre 'green field' site on the outskirts
of Castries, the island’s capital. The
150,000 square foot hospital complex
comprises nine buildings, of which
five are in a contiguous crescent with
the other four in attached 'fingers'.
Independent to the main structures
are the support facilities buildings
such as generator house, refuse
storage, clarifier building and diesel
and propane storage.
Rider Levett Bucknall provided the
Italy-based contractor valuable
advice on establishing protocols
to deal with the engagement of
labour and subcontractors, hurricane
preparedness and matters unique to
the Eastern Caribbean.
Our Role
quantity surveying and additional
management support services to
construction company INSO SpA.
Rider Levett Bucknall acted as INSO's
representative during interactions
with St Lucia authorities, including
the Ministry of Health, Ministry of
Finance, Customs and Immigration
departments and the Development
Control Authority as well as with the
UK-based Project Engineer.
27
STATEMENT
CASE STUDY
ST MAARTEN PORT
EXPANSION
St Maarten
Project
Client Benefits
A US$64 million expansion of the
port of St Maarten was undertaken
by St Maarten Harbour Holding
Company in order to implement
improvements to existing harbour
facilities. These improvements both
accommodate a new generation
of cruise ships of a size - and with
a passenger capacity - greatly in
excess of the existing cruise ship
traffic and also enlarge and improve
the container and bulk cargo
capability of the commercial dock.
Completed in 2009, it is the largest
cruise port facility in the north-east
Caribbean.
As a result of Rider Levett
Bucknall's negotiation on the
contractor's behalf claims were
awarded in the amount of US$6.5
million (more than 10% of the
original contract value). Hurricane
Omar hit St Maarten on October
12, 2008, causing US$8 million
of damage to the project. BNPA
requested assistance from Rider
Levett Bucknall to provide a site
quantity surveyor to negotiate the
complicated insurance settlements,
which was successfully concluded.
Our Role
project management and quantity
surveying services to the general
contracting joint venture,
Ballast Nedam and Per Aarsleff
(BNPA). Rider Levett Bucknall
staff supplement BNPA's on-site
management team in order to solve
issues with the employer's engineers
over non-consideration of legitimate
contractor's claims.
28
Testimonial
"The quality, skills and
responsiveness of Rider Levett
Bucknall were very good and we
have no hesitation in recommending
their services to others"
Pieter de Brujin, Contracts
Department, BNPA
STATEMENT
CASE STUDY
BAHA MAR
Nassau, Bahamas
Project
Client Benefits
Totalling 3.3 million square feet and
costing US$3.5 billion, the Baha
Mar resort complex comprises four
associated but separately branded
hotels, a 20-acre beach and pool
experience, five acres of convention
and meeting space, retail village, three
world-class spas, a Jack Nicklaus golf
course and all associated development
infrastructure and plant facilities. Resort
properties include a 25-storey casino
resort hotel, a 24-storey convention
hotel, a 16-storey lifestyle hotel, and a
12-storey luxury hotel and will provide
approximately 2,374 guest rooms,
suites, residential units and villas.
Through independent advising and
project monitoring services, Rider
Levett Bucknall have assisted the
client in monitoring the progress of an
aggressive construction schedule and
processing payment of work complete
against US$2.5 billion construction
loan. Through a network of global
resources, Rider Levett Bucknall
provided Mandarin speaking staff to
facilitate seamless communication with
the Chinese lender and contractor.
Our Role
constructability reviews and
construction monitoring services to
the lender on the project, the Export
- Import Bank of China. Rider Levett
Bucknall's Initial Audit Report provided
verification of the project budget and
schedule and focused on resources to
control or contain project costs during
construction. Rider Levett Bucknall is
monitoring the project's progress and
assessing the construction payments
during construction of the project.
29
Testimonial
"Since [Rider Levett Bucknall's]
initial mobilisation they have been
able to provide a fresh, skilled
and independent review of the
project statistics including budget,
schedule and contractual content.
... They have assisted not only
here in the Caribbean with their
on-site presence, but in Beijing as
well where we are supported with
their local and language proficient
network. We look forward to the
continued collaboration over the
months ahead."
Tom Dunlap,
President Baha Mar Ltd
STATEMENT
CASE STUDY
LIMEGROVE
LIFESTYLE CENTRE
St James, Barbados
The Project
Our Role
Limegrove, Barbados’ first mixed
use lifestyle centre, is located in
the heart of Holetown, covers ten
acres and includes approximately
85,000 sq. ft. of retail space with
parking for some 300 plus vehicles,
as well as 56 planned residences - a
mix of apartments, penthouses and
townhouses.
Rider Levett Bucknall was appointed
as consultants by LImegrove Park
Limited and Property Consultancy
Services Inc. on the US$80m Lifestyle
Centre. Our role was initially to
provide strategic contractual advice
to the management team in order to
mitigate or avoid potential disputes
with the Contractor and RLB were
able to provide this service utilising
their in house expertise from the UK,
US and within the Caribbean. The
role subsequently developed into
providing Project Management and
Quantity Surveying services for the
completion of the development and
more recently encompassing Project
Management and Quantity Surveying
services on a new building within the
complex providing office and high end
retail space.
Overview
The Limegrove Lifestyle Centre
incorporates over seventy-five
luxury branded designer retail
stores, in a setting built around
three distinctly different courtyards.
Amenities include boutiques, gourmet
restaurants, deli's, cafes, bars, an art
gallery, a night club and cinemas.
Many of the world’s leading retail
brands are found in this sophisticated
luxury retail shopping environment,
while the adjacent residences offer
the finest in contemporary Caribbean
living. The Limegrove Lifestyle Centre
is hailed as the most stylish place to
shop, dine, and lime for all visitors and
residents of Barbados.
Testimonial
“Property Consultancy Services has
worked closely with RLB on several
major engagements in respect of
their project management, quantity
surveying and construction contract
administration services… We have
found RLB’s service to be highly
professional…”
-Terry Hanton, Director, Property
Consultancy Services Inc.
30
STATEMENT
CASE STUDY
CARIBBEAN
DEVELOPMENT BANK
HEADQUARTERS
REDEVELOPMENT
Barbados
The Project
Our Role
Caribbean Development Bank
Headquarters Redevelopment – CDB
has commissioned a team managed
by RLB to develop a Masterplan for
the Redevelopment of the existing
headquarters in Barbados. The
project requires extensive analysis
and surveying of the existing facility
and interaction with CDB and their
stakeholders to develop a plan that
will take the best of the existing
and propose a future development
programme to take the administration
of the Caribbean Development Bank
into the future.
RLB are appointed as Project
Managers and Quantity Surveyors
to manage the production of the
masterplan. We have appointed a
team of international consultants with
particular expertise in masterplanning
who are supported by a Barbados
team to assist with local policy and
procedures. RLB manage this interface
and the production of all information
as well as providing cost advice.
Overview
The Caribbean Development Bank
(CDB) aims to be the leading catalyst
for development resources in the
Region, working in a collaborative
manner with development partners
towards the systematic reduction of
poverty in their countries through
social and economic development.
31
STATEMENT
CASE STUDY
BALLAST
NEDAM INFRA
SURINAME
South America
The Project
Our Role
Ballast Nedam Infra Suriname are
undertaking over US $30 million of
civil engineering work for a state
oil company in Suriname, South
America, in relation to an overall
refinery expansion plan with the aim
of decreasing country dependence
on imported oil products. After a
competitive tendering process lasting
almost a year, the works awarded in
late 2011 involve the construction of
below ground concrete foundations
including steel piling, above ground
concrete structures for pipe racks and
other oil refinery plant and equipment,
all to be completed over an eighteen
month period.
The works are extremely complex
due to the interaction with multiple
contractors, and the reliance on
imported building materials. RLB have
been appointed to undertake contract
administration through the duration of
the project, together with additional
specialist services as required, drawing
from their regional knowledge and
experience.
Testimonial
"Based on previous positive
experience in providing specialist
services on other projects we
appointed RLB to undertake contract
administration. RLB have met our
expectations as well as added value
to the project under challenging
conditions".
Pieter de Bruijn, M.Sc Civ. Eng
Account Contracts International
Ballast Nedham Infra Speciale
Projecten
32
STATEMENT
CASE STUDY
THE BALAM
ESCAPE
BELIZE
Central America
The Project
Overview
When completed, The Balam Escape
will comprise 4,500 residences
along with 3 luxury hotels, a casino,
a marina, a golf course, a spa and
an environmental research centre,
a school and hospital, all within
a 9,500 acre site. 3,000 acres of
the land is expected to be kept as
natural reserve.
Belize is located in Central America,
bordered by Mexico to the north, and
the Caribbean Sea to the east, and
Guatemala to the south and west.
As one of the fastest-growing tourist
destinations in the Caribbean region,
Belize has an insufficient capacity of
quality hotel bedrooms. The majority of
the hotel supply in Belize is comprised
of independent hotels of lower
categories and hotels which tend to
have a small number of rooms.
Located on a 9,500 acre site in
Corozal which covers more than 4
miles of prime ocean front, the first
phase on a 100 acre parcel of land
will include a full-service, beach
resort hotel and residences. The
80-room luxury 5 star resort will
be managed by an international
management company. It is
anticipated that Phase 1 will create
300 new jobs for the citizens of
Belize and will facilitate over US$20
million in direct infrastructure
investment in Belize, which will
not be required to be funded by
the government of Belize and will
instead generate tax credits for the
Balam Group.
The ultimate vision of the developer,
Dr. Hartmut W. Porsch, is the
creation of a sustainable, carbon
neutral community that will blend
into the natural landscape of Belize,
making wise use of its natural
resources. The project will utilize
state-of-the-art technologies to
provide alternative energy and
process solid and water waste.
33
In addition to benefitting from the
regional growth in tourist numbers,
Belize has a number of unique
attractions – including the future
Research and Exhibition Center – and
good transport connections, particularly
with the USA. The developers have
identified the opportunity to provide a
luxury beach resort to take advantage
of this largely untapped market.
Our Role
RLB have been appointed for cost
planning, development and financial
advice.
Testimonial
"RLB, Rider Levett Bucknall has been
instrumental in the cost planning of
Phase 1 of Balam Escape. Not only
was their professionalism and local
knowledge impressive, but their
human touch a perfect match for the
sustainable goals of Balam Escape".
Dr. Hart Porsch, President
Balam Investments, LLC.
STATEMENT
CONTACT
DETAILS
34
Cayman Islands
Fourth Floor
Genesis Building
13 Genesis Close
PO Box 1489
Grand Cayman, KY1-1110
Barbados
Altman Annex
Derricks
St James
Barbados
W.I. BB24008
(t) +1 345 946 6063
(t) +1 246 432 5795
Bahamas
PO Box N-10977
Cable Beach
West Bay Street
Nassau
St Lucia
PO Box 456
Gablewood
Sandy Acres, Castries
St. Lucia
(t) +1 242 677 9124
(t) +1 758 452 2125
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rlb.com

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