Operators Get More Certainty with Lump Sum Payments

Lump sum payments are about flexibility, efficiency, productivity and the more intelligent use of time at sea. They are a benefit to wind farm operators and service suppliers alike

Operators Get More Certainty with Lump Sum PaymentsNo unexpected surprises

The lump sum payment system has many advantages. It gives operators budget certainty, no financial shocks and the guaranteed completion of an agreed scope of work despite poor weather and unforeseen ‘events’.

It is not necessarily cheap. But it promises and delivers a high quality service.

No lost time

For a hands-on marine service supplier such as GMS, with the experience to know how rapidly operations can quickly veer off schedule, downtime is simply an opportunity to do pressing tasks elsewhere.

The benefit for parties is that no expensive men and machinery are left standing idle on high conventional day-rates.

Multi-tasking

GMS’ O&M teams are multi-skilled and trained to use their imagination in moving from one key task to another. If conditions are too rough on deck, they are always ready to move on to inspections, documentation and safety equipment maintenance, as per the full agreed scope of works.

Future thinking

By constantly planning ahead but being responsive to predicted and unpredictable changes that can occur suddenly with almost no notice or warning, GMS teams regularly ‘appear and disappear’ as they switch between different boats and site locations to keep up productivity.

O&M

One other advantage is that completely different scopes of work can be planned and integrated in advance to minimise equipment downtime. Multiple-tasks can then be carried out during a single shutdown period, rather than, say, four separate shutdowns, as is the case on many sites.

By using time and resources intelligently, GMS is able to both keep work schedules up to date and costs under firm control, frequently by being able to anticipate and resolve problematic issues before they actually hit.

 

Press Release, June 16, 2014; Image: greenmarinesolutions