References

Mission

Delay analysis and review of pricing — tunnel

Objectives

• Review of the existing analysis and delay analysis
• Preparation and drafting of the corresponding memorandum

Stakes

• €4.8M on a €130M contract.

Results

Report submitted.

Context

Significant operating losses incurred after the acquisition led to judicial liquidation. Argos Construction stepped in at the start of the proceedings to handle account closures on major sites located across France.

Mission

Cut-off assistance and account closures — court-appointed administrator

Objectives

• Review and account closure of contracts taken over and not taken over
• Reconciliation of subcontractor accounts and direct payments
• Follow-up of insurance claims and litigation

Stakes

• €40M revenue, €8,855k, 98 matters

Context

Following the judicial liquidation of its Italian parent company, the company was itself placed in liquidation. Argos Construction's intervention enabled 3 of the 7 sites to be transferred to a competitor following a project review.

Mission

Technical assistance to the court-appointed administrator — continued activity

Objectives

• Review of organisation and ongoing matters
• Closure of matters not taken over and end-of-works statements
• Note on customer-account issues

Stakes

• €15M revenue, €1,150k forecast activity

Mission

Independent expert appointed by the builder — analysis of delays and quantum (arbitration)

Stakes

• 12 years of time extension
• €200M of cost overruns and damages claimed by the builder
• €50M of damages alleged by the Owner

Results

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