![Page 1: Analyst day N33 - Royal BAM Group · 2015-07-07 · certificate End certificate Completion certificate Commence certificate Financial mechanism OPEX construction operations Milestone](https://reader034.vdocuments.site/reader034/viewer/2022050115/5f4bfa5da6232d6ec258e7d9/html5/thumbnails/1.jpg)
1
Analyst day – N33
December 9th, 2013
![Page 2: Analyst day N33 - Royal BAM Group · 2015-07-07 · certificate End certificate Completion certificate Commence certificate Financial mechanism OPEX construction operations Milestone](https://reader034.vdocuments.site/reader034/viewer/2022050115/5f4bfa5da6232d6ec258e7d9/html5/thumbnails/2.jpg)
2 Koninklijke BAM Groep nv - <vestiging> - <verkorte titel>
![Page 3: Analyst day N33 - Royal BAM Group · 2015-07-07 · certificate End certificate Completion certificate Commence certificate Financial mechanism OPEX construction operations Milestone](https://reader034.vdocuments.site/reader034/viewer/2022050115/5f4bfa5da6232d6ec258e7d9/html5/thumbnails/3.jpg)
3
Presentation
• DBFM N33 – Contractual structure
– Payment mechanism
– Schedule
– Goals and scope
• Organization BAM as one…
• Client relationship
• N33 “in the picture”
Poort van Noord - Project N33 Assen-Zuidbroek
![Page 4: Analyst day N33 - Royal BAM Group · 2015-07-07 · certificate End certificate Completion certificate Commence certificate Financial mechanism OPEX construction operations Milestone](https://reader034.vdocuments.site/reader034/viewer/2022050115/5f4bfa5da6232d6ec258e7d9/html5/thumbnails/4.jpg)
4
N33..? Assen?
Poort van Noord - Project N33 Assen-Zuidbroek
![Page 5: Analyst day N33 - Royal BAM Group · 2015-07-07 · certificate End certificate Completion certificate Commence certificate Financial mechanism OPEX construction operations Milestone](https://reader034.vdocuments.site/reader034/viewer/2022050115/5f4bfa5da6232d6ec258e7d9/html5/thumbnails/5.jpg)
5
DBFM Contract N33 • Contractual structure
• Financial mechanism
• Schedule
• Scope
• Goals
Poort van Noord - Project N33 Assen-Zuidbroek
![Page 6: Analyst day N33 - Royal BAM Group · 2015-07-07 · certificate End certificate Completion certificate Commence certificate Financial mechanism OPEX construction operations Milestone](https://reader034.vdocuments.site/reader034/viewer/2022050115/5f4bfa5da6232d6ec258e7d9/html5/thumbnails/6.jpg)
6
Poort van Noord - Project N33 Assen-Zuidbroek
Typical contractual structure
SPC
D&B contract
DBFM(O)
MTC contract
Lender(s)
Authority
EPC Contractor MTC Contractor
Shareholder(s) Equity documents Credit documents
Interface contract
• Common Terms Agreement • Facility agreement(s) • Inter-creditor agreement • Security documents • Hedging documents • Direct agreements
• Shareholders’ agreement • Articles of association • Subordinated debt
subscription agreement
Poort van Noord - Project N33 Assen-Zuidbroek
![Page 7: Analyst day N33 - Royal BAM Group · 2015-07-07 · certificate End certificate Completion certificate Commence certificate Financial mechanism OPEX construction operations Milestone](https://reader034.vdocuments.site/reader034/viewer/2022050115/5f4bfa5da6232d6ec258e7d9/html5/thumbnails/7.jpg)
7
SPV
D&B M&O
Lenders Client
Users Stakeholders
Cooperation
Poort van Noord - Project N33 Assen-Zuidbroek
![Page 8: Analyst day N33 - Royal BAM Group · 2015-07-07 · certificate End certificate Completion certificate Commence certificate Financial mechanism OPEX construction operations Milestone](https://reader034.vdocuments.site/reader034/viewer/2022050115/5f4bfa5da6232d6ec258e7d9/html5/thumbnails/8.jpg)
best value
build design
finance
operations (25 year)
maintenance (25 year)
Poort van Noord - Project N33 Assen-Zuidbroek 8
DBFM
![Page 9: Analyst day N33 - Royal BAM Group · 2015-07-07 · certificate End certificate Completion certificate Commence certificate Financial mechanism OPEX construction operations Milestone](https://reader034.vdocuments.site/reader034/viewer/2022050115/5f4bfa5da6232d6ec258e7d9/html5/thumbnails/9.jpg)
9
Poort van Noord - Project N33 Assen-Zuidbroek
CAPEX CAPEX
Gross Availability Payment
Availability certificate
End certificate
Completion certificate
Commence certificate
Financial mechanism
OPEX
operations construction
Milestone Payments
Poort van Noord - Project N33 Assen-Zuidbroek
![Page 10: Analyst day N33 - Royal BAM Group · 2015-07-07 · certificate End certificate Completion certificate Commence certificate Financial mechanism OPEX construction operations Milestone](https://reader034.vdocuments.site/reader034/viewer/2022050115/5f4bfa5da6232d6ec258e7d9/html5/thumbnails/10.jpg)
10
Schedule
• Start tender May 2011;
• Prequalification August 2011 (9 consortia);
• Deliver Risk Management plan November 2011;
• Selection 3 consortia December 2011;
• BAFO June / August 2012;
• Selection Preferred Bidder August, 30th 2012;
• Contract close October, 1st 2012;
• Financial close November, 21th 2012;
• Commencement Date: March, 1st 2013
• Availability Date: September 30th, 2014
• Completion Date: December 30th, 2014
• End Date: September 30th, 2034
Poort van Noord - Project N33 Assen-Zuidbroek
![Page 11: Analyst day N33 - Royal BAM Group · 2015-07-07 · certificate End certificate Completion certificate Commence certificate Financial mechanism OPEX construction operations Milestone](https://reader034.vdocuments.site/reader034/viewer/2022050115/5f4bfa5da6232d6ec258e7d9/html5/thumbnails/11.jpg)
11
SCOPE N33
• 40 km road enhancement (2 2x2)
• 33 civil structures
• 900.000 m3 soil, sand, etc.
• 350.000 tons asphalt
Poort van Noord - Project N33 Assen-Zuidbroek
![Page 12: Analyst day N33 - Royal BAM Group · 2015-07-07 · certificate End certificate Completion certificate Commence certificate Financial mechanism OPEX construction operations Milestone](https://reader034.vdocuments.site/reader034/viewer/2022050115/5f4bfa5da6232d6ec258e7d9/html5/thumbnails/12.jpg)
12
Primary goals Contracting Authority
• Increase safety
• Increase traffic flow
Poort van Noord - Project N33 Assen-Zuidbroek
![Page 13: Analyst day N33 - Royal BAM Group · 2015-07-07 · certificate End certificate Completion certificate Commence certificate Financial mechanism OPEX construction operations Milestone](https://reader034.vdocuments.site/reader034/viewer/2022050115/5f4bfa5da6232d6ec258e7d9/html5/thumbnails/13.jpg)
Safety
Dangerous crossing
Wildervank
Draw bridge
‘Winschoterdiep’
Roundabout
Gieten
Rolde
Stretch
Wildervank
– Veendam
Nr. 6 in thee
top 25
most unsafe
roadparts
![Page 14: Analyst day N33 - Royal BAM Group · 2015-07-07 · certificate End certificate Completion certificate Commence certificate Financial mechanism OPEX construction operations Milestone](https://reader034.vdocuments.site/reader034/viewer/2022050115/5f4bfa5da6232d6ec258e7d9/html5/thumbnails/14.jpg)
14
Project goals Poort van Noord
• Satisfied Client
• Satisfied Environment
• Satisfied road users
• Satisfied Poort van Noord
Poort van Noord - Project N33 Assen-Zuidbroek
![Page 15: Analyst day N33 - Royal BAM Group · 2015-07-07 · certificate End certificate Completion certificate Commence certificate Financial mechanism OPEX construction operations Milestone](https://reader034.vdocuments.site/reader034/viewer/2022050115/5f4bfa5da6232d6ec258e7d9/html5/thumbnails/15.jpg)
15
Safety during the works for employees and roaduser;
Good accessibility and traffic flow;
Predictability timely and accurate information;
As short and as little as possible nuisance;
Serious attention for environment;
Control risks;
Healthy return;
Good cooperation with client;
Goals Poort van Noord
Poort van Noord - Project N33 Assen-Zuidbroek
![Page 16: Analyst day N33 - Royal BAM Group · 2015-07-07 · certificate End certificate Completion certificate Commence certificate Financial mechanism OPEX construction operations Milestone](https://reader034.vdocuments.site/reader034/viewer/2022050115/5f4bfa5da6232d6ec258e7d9/html5/thumbnails/16.jpg)
16
Organization BAM as One…
Poort van Noord - Project N33 Assen-Zuidbroek
![Page 17: Analyst day N33 - Royal BAM Group · 2015-07-07 · certificate End certificate Completion certificate Commence certificate Financial mechanism OPEX construction operations Milestone](https://reader034.vdocuments.site/reader034/viewer/2022050115/5f4bfa5da6232d6ec258e7d9/html5/thumbnails/17.jpg)
17
Features (BAM as One) • Shared services
– Similar systems
– Similar procedures
Projectmanagement System 2013
Projectmanagement System 2010
2008 Projectmanagement System
Poort van Noord - Project N33 Assen-Zuidbroek
![Page 18: Analyst day N33 - Royal BAM Group · 2015-07-07 · certificate End certificate Completion certificate Commence certificate Financial mechanism OPEX construction operations Milestone](https://reader034.vdocuments.site/reader034/viewer/2022050115/5f4bfa5da6232d6ec258e7d9/html5/thumbnails/18.jpg)
18
Poort van Noord - Project N33 Assen-Zuidbroek
![Page 19: Analyst day N33 - Royal BAM Group · 2015-07-07 · certificate End certificate Completion certificate Commence certificate Financial mechanism OPEX construction operations Milestone](https://reader034.vdocuments.site/reader034/viewer/2022050115/5f4bfa5da6232d6ec258e7d9/html5/thumbnails/19.jpg)
19
Similar systems..
1 PMI
Poort van Noord
2 Relatics
3 Sharepoint
4 Primavera
5 Metacom/ Ticon
6 KPI dashboard
Poort van Noord - Project N33 Assen-Zuidbroek
![Page 20: Analyst day N33 - Royal BAM Group · 2015-07-07 · certificate End certificate Completion certificate Commence certificate Financial mechanism OPEX construction operations Milestone](https://reader034.vdocuments.site/reader034/viewer/2022050115/5f4bfa5da6232d6ec258e7d9/html5/thumbnails/20.jpg)
20 Poort van Noord - Project N33 Assen-Zuidbroek
Old situation Assen
![Page 21: Analyst day N33 - Royal BAM Group · 2015-07-07 · certificate End certificate Completion certificate Commence certificate Financial mechanism OPEX construction operations Milestone](https://reader034.vdocuments.site/reader034/viewer/2022050115/5f4bfa5da6232d6ec258e7d9/html5/thumbnails/21.jpg)
21 Poort van Noord - Project N33 Assen-Zuidbroek
Junction Assen
Junction Assen
![Page 22: Analyst day N33 - Royal BAM Group · 2015-07-07 · certificate End certificate Completion certificate Commence certificate Financial mechanism OPEX construction operations Milestone](https://reader034.vdocuments.site/reader034/viewer/2022050115/5f4bfa5da6232d6ec258e7d9/html5/thumbnails/22.jpg)
22 Poort van Noord - Project N33 Assen-Zuidbroek
Structure 2, Assen
![Page 23: Analyst day N33 - Royal BAM Group · 2015-07-07 · certificate End certificate Completion certificate Commence certificate Financial mechanism OPEX construction operations Milestone](https://reader034.vdocuments.site/reader034/viewer/2022050115/5f4bfa5da6232d6ec258e7d9/html5/thumbnails/23.jpg)
23 Poort van Noord - Project N33 Assen-Zuidbroek
Structure 4, Assen
![Page 24: Analyst day N33 - Royal BAM Group · 2015-07-07 · certificate End certificate Completion certificate Commence certificate Financial mechanism OPEX construction operations Milestone](https://reader034.vdocuments.site/reader034/viewer/2022050115/5f4bfa5da6232d6ec258e7d9/html5/thumbnails/24.jpg)
24
Assen, Sept 2013
Poort van Noord - Project N33 Assen-Zuidbroek
![Page 25: Analyst day N33 - Royal BAM Group · 2015-07-07 · certificate End certificate Completion certificate Commence certificate Financial mechanism OPEX construction operations Milestone](https://reader034.vdocuments.site/reader034/viewer/2022050115/5f4bfa5da6232d6ec258e7d9/html5/thumbnails/25.jpg)
25
Junction Veendam
Poort van Noord - Project N33 Assen-Zuidbroek
![Page 26: Analyst day N33 - Royal BAM Group · 2015-07-07 · certificate End certificate Completion certificate Commence certificate Financial mechanism OPEX construction operations Milestone](https://reader034.vdocuments.site/reader034/viewer/2022050115/5f4bfa5da6232d6ec258e7d9/html5/thumbnails/26.jpg)
26
Junction Veendam
Poort van Noord - Project N33 Assen-Zuidbroek
![Page 27: Analyst day N33 - Royal BAM Group · 2015-07-07 · certificate End certificate Completion certificate Commence certificate Financial mechanism OPEX construction operations Milestone](https://reader034.vdocuments.site/reader034/viewer/2022050115/5f4bfa5da6232d6ec258e7d9/html5/thumbnails/27.jpg)
27 Poort van Noord - Project N33 Assen-Zuidbroek
Draw bridge
![Page 28: Analyst day N33 - Royal BAM Group · 2015-07-07 · certificate End certificate Completion certificate Commence certificate Financial mechanism OPEX construction operations Milestone](https://reader034.vdocuments.site/reader034/viewer/2022050115/5f4bfa5da6232d6ec258e7d9/html5/thumbnails/28.jpg)
28 Poort van Noord - Project N33 Assen-Zuidbroek
Draw bridge
![Page 29: Analyst day N33 - Royal BAM Group · 2015-07-07 · certificate End certificate Completion certificate Commence certificate Financial mechanism OPEX construction operations Milestone](https://reader034.vdocuments.site/reader034/viewer/2022050115/5f4bfa5da6232d6ec258e7d9/html5/thumbnails/29.jpg)
29
Draw bridge
Poort van Noord - Project N33 Assen-Zuidbroek
![Page 30: Analyst day N33 - Royal BAM Group · 2015-07-07 · certificate End certificate Completion certificate Commence certificate Financial mechanism OPEX construction operations Milestone](https://reader034.vdocuments.site/reader034/viewer/2022050115/5f4bfa5da6232d6ec258e7d9/html5/thumbnails/30.jpg)
30 Poort van Noord - Project N33 Assen-Zuidbroek
Draw bridge
![Page 31: Analyst day N33 - Royal BAM Group · 2015-07-07 · certificate End certificate Completion certificate Commence certificate Financial mechanism OPEX construction operations Milestone](https://reader034.vdocuments.site/reader034/viewer/2022050115/5f4bfa5da6232d6ec258e7d9/html5/thumbnails/31.jpg)
31 Poort van Noord - Project N33 Assen-Zuidbroek
Draw bridge
![Page 32: Analyst day N33 - Royal BAM Group · 2015-07-07 · certificate End certificate Completion certificate Commence certificate Financial mechanism OPEX construction operations Milestone](https://reader034.vdocuments.site/reader034/viewer/2022050115/5f4bfa5da6232d6ec258e7d9/html5/thumbnails/32.jpg)
32
Junction Zuidbroek
Poort van Noord - Project N33 Assen-Zuidbroek
![Page 33: Analyst day N33 - Royal BAM Group · 2015-07-07 · certificate End certificate Completion certificate Commence certificate Financial mechanism OPEX construction operations Milestone](https://reader034.vdocuments.site/reader034/viewer/2022050115/5f4bfa5da6232d6ec258e7d9/html5/thumbnails/33.jpg)
33 Poort van Noord - Project N33 Assen-Zuidbroek
Junction Zuidbroek
![Page 34: Analyst day N33 - Royal BAM Group · 2015-07-07 · certificate End certificate Completion certificate Commence certificate Financial mechanism OPEX construction operations Milestone](https://reader034.vdocuments.site/reader034/viewer/2022050115/5f4bfa5da6232d6ec258e7d9/html5/thumbnails/34.jpg)
34
Junction Zuidbroek
Poort van Noord - Project N33 Assen-Zuidbroek
![Page 35: Analyst day N33 - Royal BAM Group · 2015-07-07 · certificate End certificate Completion certificate Commence certificate Financial mechanism OPEX construction operations Milestone](https://reader034.vdocuments.site/reader034/viewer/2022050115/5f4bfa5da6232d6ec258e7d9/html5/thumbnails/35.jpg)
35 Poort van Noord - Project N33 Assen-Zuidbroek