Navigating Procurement with Confidence
Procuring Purpose-Built Student Accommodation (PBSA) – particularly through Design, Build, Finance, and Operate (DBFO) or Joint Venture (JV) projects – is a complex process. We have extensive experience in leading these procurement processes from inception to delivery, managing risks along the way, and ensuring that quality runs through every aspect.
Our Expertise
establishing objectives
We work with you to establish what you want to achieve, and break things down into what are ‘must-haves’ and what are ‘nice-to-haves’.
Procurement strategy and business case development
We help you develop a robust business case that outlines the project’s objectives, benefits, and financial projections. As part of this, we work with your procurement team to develop a tailored strategy that aligns with your specific needs and objectives.
reaching 'project base camp'
Partnership projects are hugely complex and a great deal of due diligence is required from all parties to reach a successful conclusion. To maximise efficiency and minimise risk we work with you to reach what we term ‘project base camp’, when all pertinent information is in place, objectives aligned and the university is ready to go to market.
leading the procurement
We manage the whole procurement process in collaboration with your procurement team, co-ordinating workstreams and the input from other specialist advisors to ensure transparency, fairness and compliance.
navigating governance
We recognise that for a project to run as efficiently as possible and to minimise the risk of delays and cost creep, it is imperative to ensure that the university’s governance is taken on the journey. We are experienced in navigating this process and helping you to disseminate the appropriate information at the right time to the right people.
reaching financial close
The period between appointing the Preferred Bidder and reaching Financial Close is when there is the greatest opportunity for costs to creep. We work with all parties to ensure that the various workstreams are appropriately resourced and change control process tightly managed, so that there are no surprises.
Benefits of Partnering with SFG
- Expert guidance: Benefit from our extensive experience in PBSA/DBFO/JV procurement from all sides of the table.
- Risk mitigation: Having collectively been involved in over 50 partnership projects or transactions in the UK, as well as a number internationally, we know the risks, how to minimise them and ensure project success.
- Value for money: Achieve the best possible value for your investment. We provide clear advice on the implications of any decision, and recommend the most appropriate course of action.
- Timely delivery: Ensure projects are delivered on time and within budget, and know when a small delay is worth it to bottom out an issue and lead to a stronger long-term outcome.
- Quality assurance: Maintain high standards of quality throughout the project lifecycle.
