The owners of a four-lane expressway highways asset, constructed and operated through the PPP model, in Vancouver were looking to sell an equity stake in the project. An interested buyer required asset management expertise, operation, and maintenance insight to advise on technical, contractual and associated commercial risks. This included review of the condition of the current asset, sufficiency of operating and renewal budgets, handback provisions and adequacy of the contract conditions.
Our experts supported the potential buyer assessing the project and collaborating with wider team to provide timely, concise and value-based understanding of the asset. This helped develop the financial model that underpinned their offer for the asset.
