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P3 Project Director

Company is confidential
Salary
Competitive
Employment
Full Time
Real Estate Field
Location
Washington
 DC
Postal Code
20001
Country
United States

This job is no longer active.

Description


Position Project Director
Company Confidential Client
Location Washington, DC / Maryland Area
Reporting Relationship Project’s Executive Committee

Company Background/Culture

Our client was one of the first investment management firms to become active in the public-private partnerships market in North America and have been investing in infrastructure for fifteen years. They are forming a Special Purpose Vehicle “SPV” for the purposes of developing vertical infrastructure in the Washington DC Area.

The Opportunity

Our client is seeking a full time Project Director for the Design and Construction Phase of a large scale P3 (Public Private Partnership) Project. This phase (which will include a handover period prior to the Services Period) is expected to last approximately three years with Project Readiness targeted by the end of 2023.

Key Responsibilities

• Provide leadership to all aspects of operations during the Design and Construction phase.
• Develop and/or modify systems and structures to ensure performance of the SPVs contractual obligations.
• Ensure reports and notices are delivered as required by the SPV to the client, shareholders and lenders and where required, draft such notices and assemble reports.
• Ensure compliance with all legislative and regulatory requirements.
• Develop and achieve business plan targets per the financial model and annual budgets.
• Carry out policies established by the Executive Committee.
• Deliver monthly written and oral reports to the Executive Committee and other stakeholders.
• Identify, monitor and manage risks and report results.
• Manage the dispute resolution process and disputes, as required.
• Manage a small team including external consultancy support.
• Support the client and Construction Contractor with PR issues.
• Build and maintain relationships with project stakeholders, including client, contractors, shareholders, Lenders Technical Advisor, rating agency and others.
• Contract management and administration.
• Manage the SPV’s interest in third party claims.


Professional Experience/Qualifications

The Project Director, who will be located at the Project site in Maryland, will manage the delivery of the Project on behalf of the SPV by:
• Ensuring timely and quality performance of all obligations under the P3 contract.
• Managing SPV risks to ensure that all items required by the client are passed down to the Construction Contractor on a back-to-back basis.
• Building and maintaining relationships with all stakeholders and partners.


The Project Director will report directly to the SPV’s Executive Committee and will bring a proven ability to plan, organize and prioritize effectively to the role and will demonstrate integrity and ethical leadership. A proven ability to perform in a management capacity and multitask and problem solve in a fast-paced environment with limited resources is a must.


The Project Director will have over 5 years of experience in a senior position within an organization where he/she had responsibility for:
• At least one P3 project with a capital construction cost of more than $150 million and a contract duration greater than 15 years.
• Integrating design, construction, operations and maintenance on at least one project of similar complexity.


Education

Engineering, Construction or a Business Management degree required with a minimum 10 years’ relevant experience preferred.

 

Job Sector


Not specified

 

Experience


5+ to 7 years


This job is no longer active.

Asset / Portfolio Management Washington Full Time DC Construction, Investment Management, Project Management P3 Project Director other