OUR RESPONSE
Working closely with the client we developed an asset liability model that brought together historic data around the cost of asset management to provide insight into the long-term financial impact of future investment decisions. This enabled us to effectively identify relationships between different asset types in combinations useful for exploring future options at the airport.
We then investigated the costs, risks and performance of asset systems to formulate a series of strategic objectives and improve lifecycle planning. Covering rail, Traffic Transit System and Terminal 5 Parking Pods, we provided HAL with clear milestones and project objectives.
Our asset management plans put all these strategies into practice, providing forecasts of the real cost of today’s opex and capex spending decisions on the future of the airport’s asset base.
With Crossrail set to arrive at Heathrow Airport in 2018, we used our extensive experience in practical asset transfer to project manage the transition of services between the two organisations to ensure a seamless switch in the future without impacting passengers.
SMART BENEFITS
Through our comprehensive range of models, strategies and plans we’ve helped Heathrow Airport Limited exploit numerous business opportunities, while successfully accommodating new stakeholders. For the airport’s railways alone we have delivered a 15-year capital expenditure plan of £87 million that will ensure spend is consistent with wider strategic goals.