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Our Work
Find out how we have been helping our clients to succeed
Delivery of a compliant risk and commercial tender for London's Thames Tideway Tunnel
London, United Kingdom
Partners
- Dragados
- Samsung C&T
Services
- Tender preparation
- Policy and strategy development
Challenge
The Thames Tideway Tunnel is a major infrastructure project to modernise London's sewerage system. The tendering joint venture needed to submit a compliant bid that met the client's demanding requirements for risk management, commercial strategy, and price. The complexity of the tunnel construction, combined with the urban environment and interface with the existing sewer network, created significant technical and commercial risks.
Solution
Floreer led the risk and commercial workstreams of the tender, developing the risk management plan, facilitating risk workshops, and ensuring that the risk profile was accurately reflected in the bid price. The team also developed the commercial strategy, including the approach to risk allocation, contractual mechanisms, and value engineering opportunities.
Outcome
The joint venture submitted a compliant tender that balanced competitive pricing with a realistic assessment of risk. The risk and commercial documentation was recognised for its quality and completeness, and the tender process provided the joint venture with a clear understanding of the project's risk profile that informed subsequent negotiations.