Faithful+Gould's Teesside office is celebrating its appointment as independent consultant on the £1 billion construction of the Noord-Zud Lijn (North South Line) in Amsterdam. The project sees the construction of a completely new underground metro system in the Dutch capital.
Faithful+Gould Consult, the business within Faithful+Gould which provides specialist, strategic services to clients in a number of areas including project finance, risk management and contract analysis, was selected in competition to undertake a review of the commercial and contractual management of this highly complex project.
Faithful+Gould’s lack of a direct commercial interest and their impartiality to the internal politics of the scheme made the Municipal Council of the City of Amsterdam select them from the five firms who tendered for the role. The consultants’ comprehensive understanding of legal procedures, technical complications and commercial risks which have been incurred during the first phases of construction was also deemed to be of significant benefit to the project’s smooth running.
With a project manager based in Amsterdam for the duration of the scheme and project director Nick Gray visiting the site every month, Faithful+Gould has invested an impressive 12 full time consultants on the venture.
Project director Nick Gray commented on the scheme, "This is one of the largest project Faithful+Gould have worked on in Europe and we are delighted to be able to demonstrate our capabilities as a leading international project and cost management consultancy. Our expertise in the field of risk management and technical due diligence will influence how the future of the project will be managed."
The scheme is being funded by the Dutch Government, and will be built on a colossal scale – covering an area of 9.5 kilometres and comprising eight stations. Due to open in 2011, the North South Line will not only be the busiest transport line in The Netherlands but will reduce the journey time between the north and the south of the city to 16 minutes.
The new line will bring considerable relief to the overstretched over ground tram and bus network which transports 800,000 inhabitants, workers and tourists a day and has been commissioned to help absorb some of the passenger number growth Amsterdam has seen in the last decade. With the current system neither quick nor punctual, the new line will also improve access to the inner city and provide a fast link between north, south and central parts of the city.