We provide lender- and investor-grade due diligence for transport and urban development projects, focusing on the elements that drive value, risk and long-term performance. Our reviews cover the full decision chain, from demand and revenue fundamentals to service design, operating models, costs, phasing and delivery strategy. We assess the robustness of forecasts and key assumptions, benchmark CAPEX and OPEX, and examine interfaces, governance and procurement approaches from a risk and deliverability perspective. Findings are translated into clear risk positions, downside scenarios and practical mitigation measures, supporting investment committees, credit decisions and public approvals. Where needed, we help strengthen assumptions and documentation so that business cases and contracts remain coherent, defensible and aligned with operational reality.

We support clients across the PPP lifecycle. From early structuring and market engagement to tendering, negotiation, and financial close. Our advisory focuses on designing procurement strategies that fit the asset, the market, and the institutional context; defining the right commercial model (availability, demand-based, hybrid); and building contract packages that are clear, enforceable, and aligned with performance outcomes. We help develop tender documentation, evaluation frameworks, and negotiation positions, and we support clients in engaging with bidders and financiers to strengthen bankability and value for money. Throughout, we ensure risks, incentives, and governance arrangements are coherent, transparent, and workable in implementation.

We help clients identify, assess, and allocate project risks in a way that supports procurement, financing, and reliable delivery. We map key exposures in demand/revenue, operations, regulatory change, environmental and social performance, and climate and disaster-related hazards. Using structured risk registers, scenario testing, and sensitivity analysis, we clarify the main drivers of uncertainty and their implications for affordability and value for money. We then translate this into practical allocation and mitigation measures (contract clauses, performance regimes, insurance and contingencies, change control, and governance) so that risks sit with the parties best able to manage them and incentives remain aligned throughout implementation.

We support clients when claims or disputes arise during procurement and delivery, bringing clear analysis and practical strategy to complex situations. Our work includes claim assessment, schedule and delay analysis, cost and quantum evaluation, and preparation of robust evidence for negotiation or formal processes (mediation, adjudication, expert determination, or arbitration, among others).