CASE STUDY |

To provide a more detailed overview of advantages for clients cooperating with our company, we state below two very simplified examples of the services provided. We have chosen services for a medium company, which plans higher investments for its development, and for a bank providing external funding of such investment, to be the model services.

It needs to be emphasized that the Code of Conduct of First Advantage does not permit the conflict of interests. Thus, in one business transaction, it is not possible to be both on the side of a business and on the side of a bank, that is, to represent two clients with different interests in one business transaction.

First Advantage offers an arbitrary combination of the services stated. Our help provided to a client may consist in the provision of an only service stated below or, on the contrary, in a complex of services going throughout the life cycle of a project.

First Advantage services for clients who demand for money and financial services

Project phase
(possible scenario, simplified)

First Advantage services for clients who provide money

Example: medium-size COMPANY planning a big investment

Example: BANK offering external investment funding

Branch market analysis
Industrial business relationships study
Industrial technical study
Preliminary feasibility study
Preliminary study of funding

Project initiation and specification

A problem which is to be resolved by the project is identified, ideas of what the project solution is to achieve, until when and under what costs are formulated

Business feasibility study(market analyses)
Business risk analyses

Project verification – to be considered

Commercial side of the project

Technical feasibility study
Technical risk analysis and proposal for corrective measures

Technical side of the project

Investment economic-financial feasibility study
Preparation of principles for building a financial model or help with the building
Investment intention rentability and feasibility analysis
Financial risk analysis with proposals for corrective measures
Cost and Value analysis

Financial side of the project

Funding plan including cash flows study
Preparation or revision of a business plan prepared by the investor
Preparation of a budget of the project
Project assessment and exit strategies
Identification of risky items of the budget and possibilities of reducing costs
Project feasibility study
Project implementation conditions study

Preparatory planning

A business plan of the company is prepared including impacts of the implementation of the project; goals of the project are specified; a procedure to achieve the set goals is created; requirements for securing the project with resources are set; a project team is established; the project team starts preparing the necessary implementation documentation (project documentation, time schedule, budget, etc.)

Preparation of a Call for the submission of an offer for project funding
Securing of external funding and negotiations in respect of the credit documentation

Financial Resources Securing

Demand for external funding of the project is implemented; conditions are negotiated and the credit documentation prepared

Business risk analysis
Assessment of the technical part of the project
Technical study feasibility analysis
Technical risk analysis and proposals for corrective emasures, monitoring of risks management
Assessment of investment feasibility
Economic-financial feasibility study
Financial risk analysis with proposals for corrective measures
Cost and Value analysis
Assessment of project complexity
Opponency to applicant’s business plan
Preparation of an investment project risks plan
Project feasibility study
Project implementation conditions study

Project cash flow management
Financial resources drawing management
Project financial controlling
Cost management throughout the project
Supervision over efficiency of the investment event
Financial reporting
Check of the fulfillment of economic-financial parameters of the investment
Representation of the client in financial matters on all levels towards other parties to the project

Project implementation

Project management is implemented by the project team

Check of covenants and practical implementation (purposefulness)
Check of purposefulness and efficiency of drawing on funds
Project financial controlling
Financial reporting

Creation of a cost center
Organization of the tender procedure for the general supplier (partial supplier), assessment and recommendation as the basis for investor’s decision
Preparation of a package of type contracts for the investor
Supply contracts controlling
Supervision and consultancy in the area of arranging supplies
Reporting of business contracts in the area of arranging supplies
Implementation for tenders for supplies

System of arranging supplies and sub-supplies is prepared and implemented; management of contracts, acceptance and claiming of supplies

Controlling of selection procedures for suppliers and subcontractors
Controlling of supply contracts
Reporting of business contracts in the area of arranging supplies

Analysis of justification of increased cost required by the general supplier and partial suppliers

A complex of activities is implemented to secure the physical construction of the project, quality, change and risk management, keeping of record documentation, construction and technological supervision, takeovers, property management, etc.

Controlling and final reporting from the implementation of the work

Project handover

Project is handed over for use by the project team

Control and final financial reporting from the implementation of the work

Consulting services and corrective measures in a failure to fulfill the goals from the operation of the project

Project operation

The company operates the project

Check activities to secure revenues on the project, payment of interest and interest principal

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CASE STUDY