Capital Projects and Infrastructure

We help our clients at various stages of preparation and realisation of capital projects with the aim to reach optimal and innovative solutions. We have participated in the successful realisation of projects in the area of transport, social and network infrastructure. Our clients include ministries, municipalities and private investors.

CZK 600 bn

Volume of projects in the CEE region we assisted with over the last 10 years
4

Number of our projects receiving award best European PPP projects of the year
1,800

Number of specialists in capital projects across the global network

We can help you throughout the full lifecycle of your capital project or support you in the preparation and realisation of the project regardless of its current stage:

Project stages

Project initiation

Organisation of a workshop with stakeholders with the aim to define project goals
Assistance with preparation of a business case and identification of matters to assess
Independent assessment of the business case/strategy

Feasibility study

Assessment of feasibility of your project, alternatively recommendation of one of the project options to be realised
Evaluation of the market interest in participation in the project
Proposal of a contractual structure of the project implementation
Provision of an independent assessment of the investment and operating costs related to the project
Assessment of financial affordability of the project for investors and suggest alternatives
Evaluation of project risks and suggestion of solutions
Assessment of ESG aspects of the project and its sustainability (e.g. compliance with EU taxonomy, climate legal due diligence, etc.)
Assessment of accounting and tax impacts of the project
Evaluation of the project impact on the deficit and debt from the perspective of ESA2010 (for public funders) and assessment of the possibility to perform off-balance sheet classification
Assessment of possible sources of project funding, including possibilities to include special funding rates of multilateral banks and financial institutions (e.g. EIB, EBRD, NDB, NDF) and possibilities to finance the project through bonds (including green bonds) and the use of financial instruments (e.g. within InvestEU)
Our project assessment typically results in:
- Feasibility study
- Cost-benefit analysis
- Financial model

Project implementation preparation

Identification of potential participants in the projects (investors, banks, contractors, etc.)
Preparation of information materials concerning the project for the distribution to potential participants, including:
- Teaser
- Information memorandum
Organisation of a tender (with respect to project or its financing):
- Preparation of a tender dossier, including proposal of qualification and evaluation criteria
- Communication with potential contractors
- Evaluation of offers and recommendation of the most suitable ones

Support in contract conclusion

Assistance in negotiations of (commercial) contractual terms/financing terms
Support in pre-negotiation of contractual documentation for project changes

Project management

Preparation of an operating financial model and its continuous update
Support in verification of compliance with contractual terms, the course of construction and solving compensatory events
Organisation of the refinancing process and arrangement of the most advantageous terms

Project sale/Settlement

Identification of parties potentially interested in the project purchase
Assessment of the transaction value
Organisation of the sale
In the event of the project termination, we will provide support and process documents to be negotiated (e.g. for compensation calculation)

Taking into consideration the situation on financial markets and the limited resources, the funding of infrastructure projects requires the use of new financial instruments and advantageous products of multilateral financial institutions. We are happy to be able to use our experience from numerous successful projects where such instruments have been applied. Thanks to our innovative approach to financing such projects, we have won several prestigious awards.