LTA & DD
Lenders Technical Advisor and Due Diligence Reviews
BE&R have extensive worldwide experience in providing technical lenders advice and conducting technical due diligence reviews for Floating production and onshore gas and oil plant projects. BE&R have undertaken numerous technical and commercial consulting roles to advise investors, banks, lawyers, and other stakeholders.
As a result, BE&R is well versed in the range of technical solutions and commercial frameworks available in the market, as well as the strengths, weaknesses and risks associated with the available technologies, contracting strategies and suppliers/ contractors.
KEY CAPABILITIES INCLUDE:
- Technical review of project, facility specifications, costs estimates, budgets, and execution plans for proposed projects
- Technical review of design documentation, operating and maintenance history, asset integrity logs and production history for operating assets.
- Review of project compliance with Loan Agreement Conditions Precedent
- Project due diligence assessment by document reviews, site surveys, meetings, and clarification rounds with borrower
- Assessment of project recovery plans and financial restructuring where required
- Monthly reporting on technical, economic, and associated issues with the project
- Final project due diligence assessment and delivery report including advice on facility delivery acceptance
- Provision of detailed technical reports prior to funding draw-down milestones