Project Recovery & Turnaround
If a project is delayed, over budget or losing control, early intervention is critical.
We assess, stabilise and support delivery to protect capital and restore direction
We stabilise projects, rebuild control & implement structured recovery plans
When Tidewater is engaged:
If these symptoms are present, intervention early is materially cheaper than intervention late
- Programme delays or missed milestones
- Budget overruns or funding pressure
- Contractor or delivery breakdown
- Loss of clarity in scope or execution
- Investor concern over project performance
What will Tidewater do:
- Independent project assessment
- Risk identification & prioritisation
- Delivery strategy reset
- Contractor & programme alignment
- Ongoing oversight & support
WHO THIS IS FOR
Structured Recovery Model
Project recovery must follow a plan. We do not “jump in and start changing things.”
We stabilise, diagnose then implement.
Private Investors
You have capital deployed into a live scheme that is drifting and need independent oversight and recovery leadership.
Developers
You sourced the opportunity well, but delivery controls have broken down and require structured reset.
Asset Owners & Lenders
You need an experienced operator to stabilise delivery and protect downside exposure.
Phase 1 Rapid Triage (5–10 Days)
Purpose: Stop the bleed. Establish facts. Restore control.
Deliverables
- project diagnostics (scope, cost, programme, governance)
- Red / Amber / Green risk register
- Top 10 failure points identified
- Immediate containment actions (what stops, what continues)
- Recovery assessment (What is recoverable & what is not)
Outcome
Clear visibility & a decision framework.
Phase 2 Recovery Plan (2–4 Weeks)
Purpose: Rebuild the project
Deliverables
- Re-baselined programme with defined critical path
- Cost to complete model & revised cashflow forecast
- Scope freeze & change control framework
- Procurement reset strategy (including retender if required)
- Governance reset (RACI, reporting cadence, decision gates)
- Investor / lender reporting pack
Outcome
A defensible plan that stakeholders can support.
Phase 3 Recovery Execution (Ongoing Oversight)
Purpose: Implement the plan
Deliverables
- Weekly recovery control cycle
- Action log & decision tracking
- Contractor management support
- Commercial oversight & variation control
- Structured investor & lender reporting
- Risk monitoring & mitigation tracking
Outcome
Stabilised delivery, restored confidence & measurable progress.
WHAT WE DELIVER
1) Feasibility &
Acquisition
Due diligence, planning pathway assessment, buildability review, risk identification, and financial stress testing before major commitments are made.
2) Design & Preparation
Layout optimisation, consultant coordination, planning strategy, cost modelling, and lender-ready documentation so the project is ready to execute.
3) Delivery & Execution
Defined work packages, controlled programming, contractor oversight, and regular progress and financial reviews to maintain predictability and cost control.
4) Exit & Handover
Refinance support, retention strategy or disposal planning, plus structured handover and closeout documentation to protect value.
How Project Recovery Works
A structured approach to troubled projects
WHAT WE PROVIDE
- Independent project diagnostic
- Programme & cost Rebaselining
- Governance reset
- Commercial & variation control
- Contractor performance management
- Structured reporting to investors & lenders
- Clear accountability & decision discipline
WHAT WE DO NOT PROVIDE
- Act as the main contractor
- Provide legal advice (we coordinate with solicitors)
- Replace statutory roles such as QS or Principal Contractor
- Guarantee outcomes or eliminate all risk
- Project recovery improves probability, clarity & control.
- remove inherent market or construction risk.
HOW WE ARE ENGAGED
This ensures transparency and avoids open-ended consultancy engagements.
Why Tidewater
- Operator-led delivery background
- Engineering-grade control frameworks
- Conservative underwriting discipline
- Clear governance and decision structures
- Structured reporting and cost visibility
- Founder-led communication and accountability
Detect Delivery Risk Before It Becomes Failure
Projects rarely break due to a single issue.
They fail through a combination of small, compounding problems.
Unclear scope
Cost drift
Programme slippage
Weak coordination
This diagnostic is designed to expose those risks early, before they become irreversible.
Takes 2–3 minutes
Unlike traditional project managers or consultants, Tidewater acts as a principal-led delivery partner. We take responsibility for outcomes, not just coordination — applying the same controls used on our own developments.
Concerned About a Live Project?
If a scheme is drifting, early intervention materially reduces downside risk.
