Kor Consultancy Projects - Rail

COMMERCIAL MANAGEMENT:

Port Talbot Resignalling – Birse Rail

  • Our brief was the full commercial management of a team of the contractor’s in-house staff and other external consultants to bring a disputed contract to financial close. The duties on this commission encompassed the formulation, preparation, and evaluation of the claims. Review and reappraisal of the changes account. Provide input into the management / settlement of the sub-contractors as required. Establish the true internal value for the contract and recommend a settlement figure to the contractor. Attend meetings with Network Rail, acting as the contractor’s representative with full authority to settle the contract on the contractor’s behalf. Project value £9.0M.

LMD Framework Contracts (Cardiff, Chadwell Heath & Bristol) – Birse Rail

  • Initially this commission was to assist in the procurement and the establishment of subcontract orders. Tasks included in this commission were balancing the tender book, establish the adjusted tender allowance for the subcontract packages, send out further sub-contact enquiries, balance all the responses received, select in conjunction with the contractor’s site management the preferred sub-contractor for each package, call them for a pre-order meeting, agree the specific terms of the subcontract and then place the sub-contract orders. Establish the cost plans and cash flows for the contracts using the contractor’s standard format / protocol documents. This initial brief was extended to provide all ongoing commercial duties to financial settlement on certain of these LMD projects. Framework value £20.0M over its term.
Shipton Quarry – Birse Rail
  • In the first instance we were engaged to carry out various commercial duties during the design phase of the project. These duties included clarifying the scope of the contractor’s works during the design / contract development phase of the project. Assisting in the establishment of the principle heads of agreement between the parties to the contract. Provision of advice in conjunction with the contractor’s legal advisors and senior management on the terms of engagement “head agreement” for the contractor. Additionally we provided similar advice as this “head agreement”, but for a stepped down version to be used as the basis to engage the other professionals and subcontractors. We also provided assistance in the engagement of the professionals and subcontractors under these stepped down terms of engagement. Project value £1.0M.
DDA Framework Contracts (Orpington, Kidderminster and Bracknell) – Birse Rail
  • We were engaged post commencement of these contracts. The initial brief was to provide a full commercial review of the framework document and the individual contracts awarded under the framework agreement. As a result of this review the brief was extended to include a review of all changes, and claims that had been raised with Network Rail to assess any additional entitlement. Subsequently the brief was further expanded to include the establishment of a standard format / principles for the evaluation of all changes. Including the agreement of a standard method / format for the calculation of the prolongation costs from first principles. We were also asked to establish the contractor’s true financial entitlement, and assess its maximum and minimum internal values complete with a risk analysis on these figures. The brief was extended further to set and agree a programme to commercial settlement with Network Rail.
  • Three Scottish contracts were also reviewed (Motherwell, Rutherglen and Barrhead); another consultant based in Scotland was engaged to action the recommendations of this full commercial review carried out by ourselves (We now have our own office base in Scotland). Framework value £30.0M over its term.
Ebbw Junction- Birse Rail
  • We were engaged to provide ongoing commercial support on this contract to bolster the contractor’s in-house team. This support included the provision of advice and assistance in subcontract procurement, subsequent subcontract management, and ultimately in the final settlement of the subcontracts. We were subsequently instructed to establish with Network Rail the format for the agreement and evaluation of all the changes that were to arise on this contract. A senior member of staff was also retained up until final settlement of this contract to provide advice on the changes that were submitted to Network Rail. Project value £1.0M.
Bournemouth & Wimbledon – Birse Rai
  • We were engaged to settle the subcontractors that were engaged by the contractor for works on these two contracts and to close down both of the cost files. The final value of these contracts had been previously agreed by the contractor and Network Rail. Project value £8.0M.
Merthyr Frequency Enhancements – Birse Rail
  • Our brief was the full commercial management of a team of the contractor’s in-house staff and other external consultants to bring a disputed contract to financial close. The duties on this commission encompassed the formulation, preparation, and evaluation of the claims. Review and reappraisal of the changes account. Provide input into the management / settlement of the sub-contractors as required. Establish the true internal value for the contract and recommend a settlement figure to the contractor. Attend meetings with Network Rail, acting as the contractor’s representative with full authority to settle the contract on the contractor’s behalf. Project value £10.5M.
Newport Platform 4 – Birse Rail
  • We were at engaged at commencement of the contract initially with the brief to set up the subcontract packages. This brief was then extended to encompass all commercial aspects of the contract and progress the contract to financial settlement with Network Rail. The duties on this commission included the formulation, preparation, and evaluation of the claims. Review and reappraisal of the changes account. Preparation of the fully substantiated final account on behalf of the contractor. Input into the management / settlement of the sub-contractors. Establish the true internal value for the contract and recommend a settlement figure to the contractor. The preparation of all monthly reports as required by the contractor’s off site senior management team. Attend meetings with Network Rail, acting as the contractor’s representative with full authority to settle the contract on the contractor’s behalf. Project value £3.0M.
Bristol Parkway – Dean & Dyball Rail
  • We were engaged part way through this project, our initial brief was to review the major sub-contract accounts and issue any notices that were necessary. Our brief was subsequently extended to manage all of the subcontractors throughout the project including the final settlement of the subcontract final accounts. We were requested to review and reappraise the changes account. As a result the review of the changes account we were given the brief to manage and agree the changes account with Network Rail. Project value £3.5M.
Fixed Telecoms Network Framework – Dean & Dyball Rail
  • We were engaged at a very late stage to provide commercial resource to assist the contractor’s existing team in the compilation of the fully substantiated changes account for submission to Network Rail.
  • This initial brief was subsequently extended to supplement the contractor’s claims team in the submission of information to help in the compilation, and subsequent drafting of the claim. We also made available a senior resource to provide commercial support to the contractor’s framework manager. Framework value £15.0M over its term.
Reading Telecoms – Dean & Dyball Rail
  • We were engaged part way through the contract and our initial brief was to prepare a high level report on the financial status of the contract. Following on from this report the brief was extended to take over all commercial aspects of the contract and progress the contract to financial settlement with Network Rail. This included the full commercial management of a team of the contractor’s in-house staff and other external consultants. The duties on this commission encompassed the formulation, preparation, and evaluation of the claims. Review and reappraisal of the changes account. Preparation of the fully substantiated final account on behalf of the contractor. Input into the management / settlement of the sub-contractors. Establish the true internal value for the contract and recommend a range of settlement figures to the contractor. Attend meetings with Network Rail, acting as the contractor’s representative with full authority to settle the contract on the contractor’s behalf. Project value £3.75M.

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