New Strategic Alliance
2016 Is off to a great start.
DSB Management And Associates has done it again. We have expanded our consortium family and approach.
The Devellis Group out of the Boston area is the latest of our consortium partners. Together we intend to develop community sports complexes at no out of pocket expense to local communities. Funding can be achieved through derivative sale concepts and or the use of municipal funding arms prepared to advance 100% of the required funds to bring the municipal project to life. This approach enables a local community to have the sports facility of their dreams be built immediately without concerns of budgeting while being built in record time. Both Devellis and DSB specialize in procurement and delivery of projects in accelerated schedules.
The work we completed in 2015 allowed us to take the funding approach one step further with an added value partner that specializes in dormitory upgrades for publicly funded colleges and universities. We can now apply the same concept of funding to drive the upgrade of older facilities. Typically dorm upgrades or retrofits are not a regularly budgeted item. Everything can be completed at no cost to the university. It is our intent to bring these typically run down abused lodging facilities to the current decade of decor, energy efficiency and green power offsets. We can apply this concept across the US and now Canada.
DSB’s role will be in both the management and construction end of the ice arena and green energy portion. This opportunity is perfect for the community who has been working on a sports complex project and finds itself in a position of wanting and needing a new facility, but for whatever reason does not have the budget. Community after community demonstrates the need for this program. Every year splashed across newspapers we see the challenge. Project cost has risen and the project cannot proceed because the budgeted price of maybe 3 years earlier falls short of the new cost estimate. A perfect example was published in a local Ontario newspaper early in December. Cambridge Ontario wanted to build a 4 sheet ice complex. Original Budget $55 Million but when finalized we see the price escalate to $80 million plus. The result is always the same, the project is sent back to committee to determine what cuts to amenities are needed to make the project viable to build within the budget allowed. Time and time again we see compromise. THE SOLUTION, lies within the opportunity presented. Once permitted, the crews are in place to complete the proposed build in record times for immediate enjoyment. The hidden beauty is that maybe the project can be soul sourced eliminating the need for an RFP if the municipal client is willing to support the soul source mandate.
Today it was clarified by a committee member, that Cambridge is still considering design options and that by mid February of 2016, they will know what council wants to build and the opportunity to Build, Own and Operate vs Build and Operate are on the table. The difference still lies in the opportunity, to Build, Own, Operate and Transfer, where the city, as an example will be allowed to own the facility from day one with the finance and build responsibility being carried by others.
