Life Cycle Funds are created prior to Financial Close and are a reflection of an initially lower level of asset and business knowledge. apm has supported a number of Private Finance Initiative and Public Private Partnership deals ensure adequate robustness of the Life Cycle Fund based on the initial weak level of knowledge during the tender phase.
Once a project has been won and work begins, the winning business is faced with a better understanding of the work ahead. They gain a greater understanding of the business, and begin to realise the true reality of the years to come. It is at these points in time, and potentially at prescribed contractual times that a re-review and re-evaluation of the Life Cycle Fund is required.
Powerfully Built Funds
It has been at re-evaluation times that apm has been able support its clients in re-negotiating contracts, optimising intevention plans and generating more value for money. With greater knowledge, we have been able to identify potential risk reduction scenarios and opportunities, leading to a better use of funds.