Scottish Water appoints Faithful+Gould lead cost consultancy
The northern region of international project management and cost consultants Faithful+Gould will deliver cost consultancy services for Scottish Water. This recent appointment, as lead cost consultant, will see Faithful+Gould's team providing a range of professional and technical services relating to cost and expenditure. The role will include providing project cost estimating, contract cost auditing, cost data interpretation and analysis and regulatory reporting...
Feb. 15, 2008 -- Further building upon an already substantial national portfolio of water related projects, the northern region of international project management and cost consultants, Faithful+Gould, has scooped a significant commission delivering cost consultancy services for Scottish Water.
This recent appointment, as lead cost consultant, will see Faithful+Gould's team providing a range of professional and technical services relating to cost and expenditure.
The role will include providing project cost estimating, contract cost auditing, cost data interpretation and analysis and regulatory reporting.
Heading up the project, water expert and Director of Faithful+Gould, Sean Lynch, said: "We are delighted to have been awarded this highly significant contract. Scottish Water is an influential company responsible for major capital investment in Scotland and we are justly proud that it has placed great confidence in our team's ability to deliver to its high standards.
"The challenge for Faithful+Gould now is to utilise our unrivalled and wide ranging expertise within this sector to provide new and innovative solutions to meet Scottish Water's own commercial and regulatory challenges.
"Throughout the duration of this contract we are keen to deliver added value to Scottish Water through the constant monitoring our team's performance in relation to internal targets. Additionally, we will obtain regular client feedback on their objectives in relation to their business targets and our contribution to this."
Scottish Water is the fourth largest water and waste water services provider in the UK and at £1 billion per annum it is in Scotland's list of top 20 businesses by turnover. It plans to invest £628m this financial year in improving assets to meet challenging customer service targets set by Scottish Ministers.
John Drummie, Capital Cost Manager from Scottish Water, said: "We are pleased to have the support and expertise of Faithful+Gould to help ensure we get best value from our current capital investment plan and to meet tough capital efficiency targets set by our Regulator. We now have a firm focus on the future and Faithful+Gould is actively working alongside our own team who are preparing the 2010 -14 Investment Plan as part of the regulatory process in Scotland."
This latest commission further enhances Faithful+Gould's portfolio of water sector work which includes cost management and commercial services to support the delivery of Northumbrian Water Limited's (NWL) AMP4 capital investment delivery programme. As part of this Faithful+Gould has most recently undertaken a key role on the £28 million project to extend NWL's Regional Sludge Treatment Centre on its Bran Sands site in Teesside.
Faithful+Gould is a member of the Atkins group of companies. It is one of the world's largest project and cost management consultancies.