On major transactions, typically greater than $20 million, lenders generally seek an independent opinion of a project or acquisition’s viability for the benefit of other participating lenders, governmental review agencies, and corporate compliance. For these projects, Synergen’s services include, but are not limited to:

  • Project Management – Project scope and time scheduling are reviewed for reasonableness and likelihood of success. A substantial number of projects exceed the planned work scope and project duration, often at considerable cost to the owner and lender. Factors influencing the success of a large scale project include the following:
    • Personnel
    • Systems and Procedures
    • Qualifications of Contractors and Vendors
    • Organizational Structure
    • Contract Terms and Conditions
    • Technology
    • Previous Successes and Failures
  • Economic Viability – Economic assumptions used to justify the project are reviewed, including the macroeconomic assumptions, the owner’s estimated productivity and profitability assumptions, and the economic assumptions utilized in the project costs. Many projects fail to realize their expected return due to improper economic assumptions of ongoing operating costs and other factors.
  • Business Operations – Ongoing operations of the project and enterprise are reviewed to identify “best practices” improvements to the existing operations and enhance operations after project completion. In many cases, our recommendations lead to enhanced profits far in excess of the project review costs. Improved operations and profitability reduce the lender’s risk in the project.