If you are planning a sustainability project, EINSTEK can assist with a structured and efficient due diligence process.
We can help identify grants, incentives, and funding opportunities, identify risks and mitigate them, overcome funding process obstacles, provide insight and bridge the gaps between the technical and the financial aspects.
An overview of our Structured approach:
Phase 1: Document Review: This phase is essentially a document and planning review exercise designed to uncover any deficiencies in project planning and to identify potential difficulties that may arise during the construction and operational phases.
the current status of the project, remaining steps required to bring the project to the construction phase, the responsibilities of each party under the agreements covering the construction and operation of the project with particular emphasis on any limitations, exceptions and exclusions that may impact the ability of the owner to service the long-term debt,
any higher than normal risks and measures that are proposed to deal with such risks, i.e.
any provincial or regional content plans are in place and meet the requirements of the relevant project, and
confirmation, subject to proper completion of construction, that it is reasonable to assume that the project should generate sufficient revenues and cash flows to comfortably service its long-term debt.
Phase 2: Construction Monitoring:
Pending satisfactory completion of Phase 1, EINSTEK will monitor all aspects of the construction phase of the project so as to ensure that:
design specifications are met and consistent with documentations,
applicable health and safety regulations are followed,
Funding resources are in accordance with project schedule and budget and adequately documented in accordance with the loan agreement,
any material variances from project budget or the exhaustion or potential exhaustion of any contingencies are identified in a timely manner, and
any change orders are justified and at reasonable cost in the circumstances.
Phase 3: Start-up, Testing, Commissioning & Post-Commissioning Monitoring: During this phase EINSTEK will ensure that the facility has been completed in manner that:
project deliverables are in accordance with the stakeholder requirements.
Any outstanding construction and installation residual issues have been addressed,
conditions for the release of any holdbacks are met;
the state of the project is such that warranties and performance guarantees are in effect.
