For newly built rolling stock, depots, or refurbishment projects, once financing and procurement are secured, the design, production, and delivery (following testing) commence. Many financial investors, acting as buyers or owners, often lack in-house expertise to manage such contracts and require project management support to represent their interests throughout the process.
Apex Rail provides comprehensive support, leveraging our extensive experience in contractual and commercial management. While technical project management is typically handled by technical experts, we ensure that your commercial and contractual interests are protected and effectively managed from start to finish. Additionally, our asset management services ensure that contractual commitments, such as maintenance requirements, are upheld. This helps preserve the residual value and longevity of your assets throughout their lifecycle.
TYPICAL SCOPE OF WORK FOR PROJECT MANAGEMENT
SCOPE OF WORK
Review of other related contracts (incl. Financing Agreement) to define overall scope of deliverables and duties affecting the Lessor and to prepare and manage a comprehensive risk register
Monitoring and managing of the timely delivery of all deliverables both to and from the Lessor
Management of contract compliance (incl. monitoring and administration of milestone payments, receipt of compliant securities/bonds, insurances provisions, certifications, protocols, CPs etc.)
Management of all Lessor related relevant communication with 3rd parties incl. manufacturer, lessee, authorities (i.e. PTA) – involving the Investors if and when required, only
Reporting to Lessor about material events (i.e. delays, insurance events etc.) and supporting the management of corrective actions
Management of Variations and Modifications (voluntary and mandatory) impacting the MSA or Lease Agreement
Attending relevant design, project and other relevant review meetings on behalf of the Lessor
Participation in the acceptance process, in particular from a contractual perspective
Administration and acceptance, payment and documentation of other Deliverables
Interested in advice on preparation of desktop studies?
THE TEAM DEVELOPS, STRUCTURES AND ARRANGES COMPLETE FINANCING SOLUTIONS FOR RAIL OPERATORS, PUBLIC TRANSPORT AUTHORITIES BUT ALSO INVESTORS AND MANUFACTURES
International Sales and Project Management of rolling stock for Siemens Transportation
Developing and implementing operating and financial lease solutions for various rail asset classes across Europe incl. senior management roles in Angel Trains UK and Societe Generale
Setting up a new rail finance advisory business in 2012 leading to extensive track record as financial advisor and asset manager for a wide range of rail transactions accross Europe