Operational Management Consulting Services
Sargent & Lundy's Operational Management Consulting Services assists owners, operators, investors, and other stakeholders in reviewing and evaluating the operating performance of power generation assets. Our extensive power plant design, operations, and financial experience and expertise can help you evaluate potential technical and financial improvement during power plant operations. We can help you establish comprehensive performance improvement program scope, schedule, and budget objectives.
Services
- Assessments in support of contractual and financial obligations, such as supporting loan payments and assessing major maintenance reserve requirements
- Performance improvement identification, review, evaluation, and implementation, including assessments of plant performance relative to industry peer group benchmarks
- Plant physical condition and life expectancy evaluations
- Operating procedure and practice review
- Organization and staffing evaluation
Representative projects
- Assessment of operating performance for a utility's fleet of fossil fuel power plants with subsequent development and implementation plans for performance improvement projects
- Operations monitoring reviews of several Central and South American power plants to verify that operating and economic performance financing covenants are being satisfied
- Technical reviews of plant and steam turbine repairs and corrective actions as the lender's representative following a major fire, including root cause reviews, assessment of operating procedures and practices, cost and schedule performance reviews of the refurbishment project, and witnessing of performance test plans
- Review and evaluation of plant performance O&M processes, procedures, and organization for a fleet of coal-fired plants, including industry peer group technical and economic benchmarking