Alan Steen at Monteith Steen has been asked to step in to manage the SPV for Aberdeen's troubled 3Rs Schools programme. The project hit difficulties with the banking crash and funder Landsbanki not being able to meet the project's funding requirements. The role encompasses taking a leading role in achieving refinancing of the project which is due at the end of March. Alan will also be co-ordinating the continuing, but reduced construction, along with ensuring that NYOP Education (Aberdeen) Ltd continues to meet its obligations.
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Monteith Steen's management of the Aberdeen 3Rs NPDO contract highly praised.
Read more...A Client review of the Monteith Steen Contract Compliance monitoring contract, on an annual £60m property maintenance budget, highlighted that seven figure savings had been made during its currency.
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