Caledonian Economics is owned and managed by the people who work here. Based in our headquarters in the historic trading port of Leith, Edinburgh, we advise on PPP/DBFM/BOT projects around the world.
MA (Hons) Economics, Heriot Watt University
Lynne-Marie is an infrastructure and local economic development specialist with experience in the UK and New Zealand. She worked with Scottish Government on the 2015 National Infrastructure Investment Plan and helped deliver many aspects of the plan at national and local level. More recently, she has helped develop and deliver innovative funding mechanisms for economic infrastructure, making the economic and commercial cases for infrastructure investment programmes. Her experience of funding mechanisms includes Tax Incremental Financing (TIF), the Growth Accelerator, Regional Deals and PPP, and spans the full development process from national programme development, business cases, project implementation through to delivery. Her experience includes:
- Development of the 2015 Scottish Infrastructure Investment Plan and associated delivery strategies on behalf of Scottish Government;
- Provision of procurement advice and support for the Kilmarnock College NPD/PPP project on behalf of Scottish Futures Trust and Scottish Government;
- Development of the Scottish TIF Pilot Administration Scheme on behalf of the Scottish Futures Trust and the subsequent selection and management of the six TIF pilot projects;
- Part of the team at Scottish Futures Trust which first developed the Growth Accelerator model, in conjunction with Scottish Government, to enable delivery of the St James Quarter development in Edinburgh;
- Undertook an assurance role for Argyll & Bute Council, supporting the development of its Rural Deal proposals and associated business cases;
- Project Management of Argyll & Bute Council’s TIF programme, ensuring ongoing alignment of the infrastructure programme with the Council’s strategic objectives; and
- Development of a Growth Accelerator business case for the Lorn Arc (Oban) area. This has involved liaising with internal and external stakeholders to identify an appropriate programme of enabling infrastructure and the appraisal of desired economic and social outcomes (and the associated payment mechanism);
- Representing a major building contractor at meetings and workshops set up by the New Zealand government to structure and run the national PPP model;
- Member of a bid team on New Zealand’s first PPP project – a Design, Build, Finance, Maintain and Operate project for the delivery of the Wiri Prison in Auckland;
- Member of the winning team on the Auckland Student Accommodation (Build Own Operate and Transfer) project in New Zealand.
University of Edinburgh, BSc (Hons), Certified Diploma in Accounting and Finance
As the adviser to public sector counter-parties, I have a track record of 26 PPP transactions that have reached Financial Close, mainly in the Social Infrastructure sector. These include kindergartens, lower and upper schools, special educational needs facilities, pharmaceutical processing facilities and community health assets. Others are in procurement.
I have supported project development, feasibility studies and market analysis for at least 50 PPP schemes in the UK, mainland Europe, Asia, New Zealand and Latin America.
- My successes include the restructuring of social infrastructure PPP projects during procurement or after Financial Close. These include ones where the senior lender defaulted, where major private contractors become insolvent, where the government interpretation of accounting rules changed, and where problems arose with demand risk transfer.
- I have delivered strategic capacity-building and institutional development projects at national and sub-sovereign level including training seminars, development of PPP frameworks, standard documents and templates and PPP unit structuring. This includes government, national agencies or policy makers in the Baltic states, China and South America.
- I am a co-opted Director of the Tiree Community Development Company, a company owned and managed by the community of the remote Hebridean island of Tiree, and which promotes the sustainable, environmental, economic and social development of island and its community. The Trust is responsible for a range of community assets including Tiree Renewable Energy Ltd which operates the community wind turbine and Tiree Broadband, the community IT company.
Strathclyde University BA (Hons), Chartered Tax Adviser, Investment Management Certificate.
Peter is our Director of Finance. He is a Chartered Tax Adviser (CTA) and holds the Investment Management Certificate (IMC). He advises on all aspects of procurement, with a particular focus on finance and lending. He is a Management Committee Member of East Lothian Housing Association. His recent experience includes:
advising Scottish National Blood Transfusion Service on the procurement of their National Centre at Heriot Watt University. The work included creating a bespoke payment mechanism for the blood tissues and cells manufacturing facility;
- advising Scottish Local Authorities on City Deal negotiations to achieve funding support for major infrastructure and regeneration. This involves assessing the Economic impact of long term (20 year+) investment programmes;
working on behalf of the Scottish Futures Trust to assist the development of the NPD/DBFM Standard Form payment mechanism, warning triggers and to explore the use of the HM Treasury Shadow Pricing Model on Scottish projects;
leading our financial advice to many Scottish local authorites on the procurement of their schools PPP projects using the PPP, NPD and hub commercial structures;
advising Scottish Water on the financial and economic standing of bidders on their JV procurement;
advising on the affordability and value for money implications of a proposed Strathclyde Police operational hub.