Delivering improvements in value for money
We were appointed in July 2010 to provide cost engineering services to SABIC UK Petrochemicals Limited (SUKPL) for its Teesside petrochemicals plant.
Key information
- Location:
- Teesside, UK
- Date started:
- 2010
- Completion date:
- Ongoing
- Client type:
- Main services:
- Project, programme and cost and commercial management services
Client's requirements
Out multi-discipline team of 24 is fully integrated with the SABIC team, operating at all levels of the organisation from delivery to site leadership. Our services cover three main functional areas:
Assets - working with the area maintenance engineers to develop and control budgets.
Maintenance service group - an alliance partner, providing independent cost and commercial management services to both client and contractor.
Projects - project, programme and cost and commercial management.
Our contribution
- Alliance partner
- Cost management of OPEX and CAPEX soend
- Budget development and forecasting
- Contract administration and valuations
- Cost reporting to site leadership team
- Independent cost manager role for the alliance contract
- Auditing of open-book contractors
- Productivity surveys
- Contract advice training
- SAP transactions and project set-up
- Procurement support
- Portfolio and programme level planning
- QC/QSRA and risk management support
- Developing and administrating KPI schemes at all levels
- Supported SABIC management during flood crisis.
Making the difference
A key part of our role is to deliver improvements in managing spend and value for money. Our initiatives have delivered real benefits to SABIC, including:
- Revised alliance recovery model - providing focus to maintenance overhead to reduce overall costs.
- Site-wide fixed cost reporting - providing a full picture of actual and forecast costs, facilitating earlier decision making, ensuring control to budget.
- Contract administration - rigorous governance of maintenance and project contracts on site delivers saving in excess of 50 percent of our core fee each year.
- Implementation of a portfolio planning approach for the capital projects programme enabled SABIC to double the value of projects delivered within 12 months.
