Due to growth of economic activity, population and post-conflict reconstruction in emerging markets, there is a rapid increase in demand for better supply of water, power, transportation, waste management and other services. On the other hand, the industry in developing markets is challenged by tightening regulations and the need for innovative solutions for optimization, renovation and evolution.

The utilities and infrastructure industry today is in great need of support in areas of Investment and Business Strategy, Risk Management, Cost Reduction, Organizational Restructuring and Human Capital development. With our expertise and knowledge, BlackSea’s team of consultants can guide organizations through their transformation with a structured and customized change management process that assist in meeting the business challenges ahead.

Economic infrastructure is the core internal facility of a country that makes business activity possible, such as communication, transportation, distribution, finance and energy supply. These assets are fundamental to society and economic growth. Due to the long-term, inherently safe, typically large-scale and stable income streams that they offer, it perhaps comes as no surprise that it is a rapidly-growing investment class. 

Project Advisory

Project advisory is of utmost importance in an ever-increasingly complex business environment. Projects, irrespective of size or sector, can often be fraught with challenges – from scope creep, delays and cost overruns to unforeseen risks. An effective Project Advisory service helps organizations navigate these complexities, ensuring their projects deliver the expected outcomes on time and within budget.

At BlackSea, we solely focus on providing our services whereby Project are owned or funded by sovereign governments, GREs, ADB, IMF, World Bank, IDB etc. These projects mostly pertain to infrastructure development or upgradation.

Owing to our global experience and vast network, we bring together different international companies in the form of Joint-Venture(JV) partners to jointly bid for large scale infrastructure projects. It not only helps to meet required pre-qualification criteria of past experience, financial depth and technical know-how but it also helps to bring together synergies of different companies and also serves as a form of technology transfer.

Our project advisory services support a project through its life cycle. BlackSea helps anticipate problems relating to cost pitfalls, schedules and scope by performing comprehensive project assessments, improving the project control framework and conducting schedule analysis employing advanced techniques such as risk-based, probabilistic scheduling.

Our project advisory mandates include:

• Arranging Joint-Venture Agreements
• Registering entities in different geographies
• Preparation Bidding documents
• Value chain analysis
• Reviewing current processes and advise on process restructuring
• Evaluation and advice on performance optimization
• Review of current strategy and advice on optimal engineering applications
• Advise on key vendor management and monitoring activities
• Advise on portfolio management – aligning projects to business strategy
• Advise on stakeholder management
• Perform program management maturity assessments
• Provide an objective, independent view of your projects
• Provide project management expertise in either a lead or support role
• Provide project office expertise in either a lead or support role

BlackSea’s Project Consulting Division manages complex project advisory engagements. Our consultants perform construction program evaluations, project risk and controls assessments, contract compliance analyses, and cost investigations, as well as project support on complex and troubled projects. We focus on industry knowledge, multi-disciplinary teams, and substantive experience in managing both the financial and technical aspects of major capital-intensive projects and programs.