Lifecycle Manager

Building a sustainable tomorrow

BAM FM is recruiting a Lifecycle Manager (PFI/PPP projects).The Lifecycle Manager will liaise closely with the existing Lifecycle Manager and Operation Teams to provide consistent high quality lifecycle plans to the SPV and Funder TA’s. This role can be based out of any of our UK office locations and will be a hybrid role including working from home and will include frequent visits to our PFI/PPP contracts and other BAM offices in the UK.

The role includes updating the lifecycle plans for contract change notices, and presenting applications for payment on completion. As part of the commercial discipline, the candidate will have accountability and responsibility to increase value, reduce cost, drive profit and manage risk in a safe and ethical manner.

Making Possible

The job holder will be responsible for coordinating lifecycle annual (short), medium and long term lifecycle works and liaising with on-site FM managers and SPV managers (and TAs) to coordinate the base lifecycle plans with the actual requirements. The role will also include preparing and completing PFI/PPP hand-back arrangements before contract expiry.

Key Responsibilities:

• Ensure that the lifecycle plans are continually updated and reflective of the true contemporary position.

• Clearly articulate and explain
- Expenditure, Cost Deferred Amounts and Surplus in annual and cumulative plans for each contract.

• Establish the forecast future Lifecycle expenditure based on survey results and historic expenditure/wear and tear.

• Ensure that we are providing no more or less than we are contractually bound to do.

• Prepare annual and 5 yearly plans for TA / SPV approval.

• Record accurately for the client and stakeholders the drawdowns against the lifecycle fund and to ensure that all contractual obligations are met.

• Work closely with the Operational and Financial Teams to guide them in consequence management- including cost benefit analysis.

• Establish a robust position throughout the contract period (incl plans for ‘handback’ at the end of the contract periods).

• Play a leading and pivotal part in the regular review of every contract in the PFI portfolio to assess future expenditure and maintenance cost- this will require the ability to both survey existing building fabrics, working with subcontractors and third parties to build up year by year future assessments of replacements and maintenance.

• To cost out and work up lifecycle forecasts for annual operating plans and coordinate with Operation Managers and Commercial Managers

• Produce clear and unambiguous reporting for the Commercial Managers, regional and site based FM teams to be used in decision making.

• Be an integral part of the team managing the PFI portfolio- including time on the contracts working with the FM onsite teams, SPV and other corporate teams (incl energy managers and sustainability team) to deliver the optimum corporate and service performance.

• Organise lifecycle expenditure programmes working closely with operational FM teams, SPV and customers to organise programmes, works and assist with the commercial and operational teams in selecting subcontractors.

• To be proactive in sorting issues and taking a leading active role in seeking solutions directly with Operational Managers and supply-chain.

• Ensure we have a robust system for capturing and recording asset data- so assets and facility records are kept up to date and in the event of a dispute we can recall historical information accurately.

• Assisting with the collection of Certificates of Practical and Partial Completion and the on-time release of retentions, bonds, Parent Company Guarantees, reserves, etc.

• Monitoring and challenge of the contract performance and penalty process- ensuring that we take the minimum level of correct damages.

• Coordinate applications for payment and liaise with TA and SPV accordingly.

• Work with the Commercial and Operational FM teams in annual and quarterly forecasting and for resolving any queries, challenges and disputes.

What’s in it for you?

In addition to an attractive salary we offer a significant benefits package including an electric car or car…