In response
to
the demand from Financial Institutions for an alternative
to Corporate Recovery, O’Byrne
Jenkins
has developed an innovative approach to achieving
the
successful completion of a construction project,
by means of ‘Step-in Management Solutions’.
A Financial Institution has agreed to support
the
completion
of a construction project with a customer, provided
the management and cost administration responsibilities
are
being carried out by O’Byrne
Jenkins,
on
their behalf.
A Financial Institution has taken the decision
to
outsource
the
project management and cost administration of a
project
to O’Byrne Jenkins, as an impartial,
independent
single
point
of responsibility.
| 1 |
Build Out |
 |
Partial Corporate Recovery services where necessary |
 |
Status Report |
 |
Action Plan |
 |
Completion Programme |
 |
Design Consultant management |
 |
Advice on retention of any key personnel |
 |
Contract advise and negotiation |
 |
Re-tendering if appropriate |
 |
Approve and co-ordinate direct payments |
 |
Collateral warranties assessment |
 |
Compliance assessment |
 |
Pursue payment or bond entitlements |
 |
Interface with Accounting, Sales and Legal
teams |
| |
|
| 2 |
Investigative Review Report |
 |
Due Diligence Report on portfolio or projects |
 |
Compare funding value to project expenditure |
 |
Reconcile payment to costs |
 |
Assess value of work in place |
 |
Advise on materials being stored off site |
 |
Advise on materials being stored on site |