Sydney Institute of Business and Technology – Property and Facilities Management Services Procurement

Sydney Institute of Business & Technology (SIBT) requested Aquenta to provide the SIBT Steering Committee with a report on the feasibility of provision of an effective and value-for-money Property & Facilities Management model to support its education, strategic and operational interests at Wynyard Green in Sydney CBD.

Our involvement

Aquenta was engaged by SIBT to investigate current practice in light of a number of key priorities, namely procuring a new building project contract (construction & fit-out) to replace a soon-to-be out of date arrangement, consolidating other ‘ad-hoc’ type building services, property and facilities management ,and developing better data for supporting funding requests. At the time, SIBT had no property or FM strategy in place for the site.

Services

Facilities management strategic consultancy.

The outcome

Aquenta completed a strategic gap analysis against best practice and recommended a number of improvements and models for consideration. A business case was completed allowing SIBT to select its best case option for improvement.

Two of the main drivers were the alignment of property related decisions with SIBT Education’s business strategy and maintaining the presentation and operating conditions of the building in order to attract students.