MBM Corporate Profiles PPP and Advisory Services (PH) | Page 18

Infrastructure. We provide a range of cost and contract management services on civil works, roads, bridges, rail, water, gas and power projects. We have the skills and real-world experience to manage risks throughout the project. The construction, operation and maintenance of Infrastructure projects have substantially increased in complexity over the years. There is a potential in certain circumstances for significant optimism bias and under-estimation of capital, operation, maintenance and life cycle costs. Global spending on Infrastructure is currently projected at USD$1.7trillion by 2020. In the APAC region alone, an estimated spend of USD$22.17b is expected over the next four years on rail, motorway and airport projects, especially in fast growing economies such as the Philippines. Essential to minimising this risk is the engagement of a cost advisor who has extensive experience and the ability to understand and interpret the requirements of the project, irrespective of the level of documentation. It is often what is not indicated on the project documents that results in major cost overruns. Key risks must be understood and adequately estimated and often the best way this is achieved is by way of reference to precedent projects, both locally and internationally. Further, the cost estimator must have a complete knowledge of the latest technology and systems (such as signalling, platform screen doors and rolling stock on rail projects) that are integral to the success of a modern rail system. This relies upon extensive exposure to infrastructure project solutions and costs. Our experience and knowledge of working on infrastructure projects has provided MBM with a valuable knowledge base of current market trade prices and an understanding and appreciation of the type of work involved, and we have developed databases for costing transport projects. Our Infrastructure team are a key provider of cost and risk mitigation through peer reviews and cost management services on a range of infrastructure projects, most recently advising on a number of key rail projects in New South Wales, Queensland and Victoria, including the Victorian High Capacity Metro Trains, Melbourne Metro, Brisbane Cross River Rail, New InterCity Fleet and the NSW Parramatta Light Rail Project, where we undertook a strategy review of the constructability and operability of these projects. MBM can provide a compelling team of cost estimation experts for both capital and operating costs who understand Government objectives, and the complexity of delivering and operating transport projects successfully. At a glance. Parramatta Light Rail Transport Corridor Strategy Review South Eveleigh Rail Yard Strategic Review Auburn Maintenance Facility Expert Witness Sydney Metro Rail Cost Planning Victorian High Capacity Metro Trains PPP Transport for NSW New Intercity Fleet Review Melbourne Metro Authortiy Independent Peer Review Brisbane Cross River Rail Project Brisbane Airport Corporation FM Review Sikorsky Helitech Maintenance and Repair Facility Brisbane Airport Airside Operations Review