Service Supply Agreements – Crown Sydney Hotel Resort
Project: Service Supply Agreements – Crown Sydney Hotel Resort.
Role: Engineering Design Manager, Engineering Advisor and Project Manager.
The project involved the negotiations of extensive services supply agreements for a new 70 storey Integrated Resort comprising 6 Star Hotel / Casino / Apartment /Retail /Restaurants located in Sydney’s Barangaroo South site. Works included;
Commercial negotiation of utilities contracts for major infrastructure site services including Thermal supply agreements ( Chilled water), HV Network ( connection agreements and ongoing consumption ) and recycled water systems;
Assessment of consumptions via energy models and water consumption models for comparative purposes to assess costs;
Assessment of future costs against comparable costs for Crowns Melbourne and Perth sites including maintenance costs, capital upgrade costs ( including sinking funds ) and ongoing running costs;
Sensitivity and Financial analysis of various proposed scenarios;
Negotiating rates to determine long term costs including availability, consumption, maintenance and sinking fund;
Benchmarking against equivalent agreements locally and globally;
Negotiating service standards including penalty mechanisms and uptime requirements.
Lengthy supply agreements with long term upside or downside depending on the successful negotiated outcome of contracts;
Data gathering and comparative assessment;
Small client side team versus large vendor team;
Complicated legal contracts combined with technical engineering requirements.