ASCE will be sunsetting the Civil Engineering Database (CEDB) in the coming months. We encourage you to start using the ASCE Library to perform content searches. In the ASCE Library, you can save your search results as well as receive email content alerts when new content relevant to your area of interest is published. Try it out today at https://ascelibrary.org.

 

Financial Development for Projects

by John J. Whalen, Bechtel Financing Services Inc, San, Francisco, CA, USA,



Document Type: Proceeding Paper

Part of: Effects of Deterioration on Safety and Reliability of Structures

Abstract:

An important element in the total package of Bechtel's engineering and construction services is the financing and commercial assistance offered in support of our client's projects. A typical proposal team will consist of a proposal manager, a cost engineer, a procurement specialist, and a senior Bechtel Financial Services, Inc. (BFSI) representative. Experience has shown that a close working relationship between financial planning and technical development allows a project to move ahead more surely and quickly than if these activities are separately undertaken. Also, a soundly structured commercial venture will be more attractive to lenders and equity participants and less risky to all project participants. Based on the financial and commercial objectives of the client and on technical data provided by Bechtel engineering, cost, and procurement personnel, BFSI assists clients in all aspects of project planning, structuring, and financing. Financial services are integrated with other Bechtel services and are available to clients, as required.

Subject Headings: Project management | Financial management | Construction engineering | Financing | Client relationships | Value engineering | Structural engineering

Services: Buy this book/Buy this article

 

Return to search