Execution

From first survey to commencement.

The durations below are what a transaction of this type takes for a building already in service. On new construction the first two phases collapse into the design program and the schedule follows the project.

Phase schedule

Indicative durations

Phase

Duration

Scope of work

01

4–8 weeks

Site survey, condition and remaining-life assessment, consumption analysis, preliminary scope and valuation

02

6–12 weeks

Scope definition, service level design, financial structuring, title and conveyance review, capital consultation

03

8–16 weeks

Purchase agreement and services agreement negotiation, board and lender approvals, conditions precedent

04

12–36 months

Closing, capital program execution, phased commissioning, staffing and systems handover

05

Term

Continuous operation, maintenance, measurement, reporting, and lifecycle replacement

Phase 01–03

No capital committed

Phase 04

Capital deployed

Phase 05

Term of agreement

Cost to the owner

No cost to the owner through phase three.

Assessment and structuring are carried by us. The owner incurs no expense prior to documentation and retains the assessment.

Assessment

Phase one begins with a conversation.

We respond within two business days.