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) martyn.bould@ky.rlb.com 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 (e) mark.williamson@uk.rlb.com Mark Williamson Managing Director Caribbean Julian Anderson | FRICS, CCC (m) +1 480 577 4312 (t) +1 602 443 4848 (e) julian.anderson@us.rlb.com Julian Anderson President Americas Beijing Office Simon Tuen MRICS MHKIS (m) +86 186 1173 0022 (t) + 86 10 6515 5818 (e) sm.tuen@cn.rlb.com Simon Tuen Director Beijing Beijing Office Peter Kwan MRICS (m) +86 134 2622 1867 (t) + 86 10 6515 5818 (e) peter.kwan@cn.rlb.com 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. 1 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. CARIBBEAN CAPABILITY 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. 3 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. CARIBBEAN CAPABILITY 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 5 • 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! CARIBBEAN CAPABILITY 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 (e) martyn.bould@ky.rlb.com (e) robert.hoyle@bb.rlb.com (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 (e) gordon.glen@bs.rlb.com (e) brian.martin@lc.rlb.com (t) +1 242 677 9124 (t) +1 758 452 2125 CARIBBEAN CAPABILITY 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 9 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. CARIBBEAN CAPABILITY 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 11 • 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 CARIBBEAN CAPABILITY 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. 13 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. CARIBBEAN CAPABILITY 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 15 CARIBBEAN CAPABILITY 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. 16 CARIBBEAN CAPABILITY 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. CARIBBEAN CAPABILITY 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 18 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. CARIBBEAN CAPABILITY 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 CARIBBEAN CAPABILITY 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: CARIBBEAN CAPABILITY 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. CARIBBEAN CAPABILITY 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 CARIBBEAN CAPABILITY 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 CARIBBEAN CAPABILITY 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 Rider Levett Bucknall provided 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 CARIBBEAN CAPABILITY 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 Rider Levett Bucknall provided 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 CARIBBEAN CAPABILITY 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 Rider Levett Bucknall provided 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 CARIBBEAN CAPABILITY 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 Rider Levett Bucknall provided 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 CARIBBEAN CAPABILITY 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 CARIBBEAN CAPABILITY 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 CARIBBEAN CAPABILITY 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 CARIBBEAN CAPABILITY 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. CARIBBEAN CAPABILITY 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. 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