The Alpha14 Team has a strong foundation in construction accounting and financial management as they have managed developments spanning the commercial, industrial, residential, and retail sectors in Melbourne. All of these sectors require different levels of financial management.
Throughout the entire project, Alpha14 can complete feasibility and update it as well as prepare financial forecasts including the budget. The financial management duties that Alpha14 is involved in can vary at different stages of the project life cycle. For example, at the due diligence stage of the project, Alpha14 can create a funding plan to check financial viability and seek potential funding partners’ interest. Upon proceeding with acquisition, Alpha14 will obtain the offer from funding partner to complete the project. Thereafter, Alpha14 will negotiate the offer, have legal and accounting review completed, and refer to the above project for recommendation.
Alpha14 has the capability to oversee, negotiate and recommend to the above project all offers for the first mortgage and senior debt borrowings. Alpha14 can also offer extensive work completed on construction funding, including but not limited to:
- Managing and overseeing a QS being appointed, a report being complete for funding and monthly inspections of site until project completed.
- Appointment and management of valuer to completing construction funding report and feasibility.
- Compiling budgets for construction funding and managing these monthly.
- Manage and oversee every aspect of construction funding being approved.
Throughout all stages of the project life cycle, Alpha14 will attend weekly management meeting with financiers, comply with regulatory obligations, and maintain proper records. Alpha14 will also approve and authorise/complete all payments as well as maintain all bank accounts, accounting, and BAS that the above project requires.
Insurance
Alpha14 has managed the development projects in a variety of different sectors in Melbourne. Alpha14 therefore has the ability to ensure correct and adequate insurance covers are in place, as well as keeping current insurance policies that are required to be kept. It is necessary to have adequate insurance policies in place to avoid a dire financial situation as general business activities may result in property damage or damage to the construction project.
The types of insurance that Alpha14 manages may include but is not limited to insurance surrounding:
- Contract works
- Product liability
- Legal liability
- Public liability
- Building Insurance
Alpha14 can also engage an insurance broker if need be.
Alpha14 will always use reasonable endeavours to ensure contractors in respect of the development have been effected and keep in effect all required insurances.
Our Values and Our Work
At Alpha14 we are guided by our Director & Founder Toby Pope’s 6 fundamental values. It builds the foundation of the work that we do.
Integrity
At Alpha14, we follow our Director & Founder Toby Pope’s core value of integrity. We always ensure meticulous attention to detail towards our financial management of the project. This enables us to adequately oversee and negotiate the funding for the project through a detailed funding plan. Alpha14 will also always ensure the correct insurance policies are in place throughout the project’s life cycle.
Long Term Relationships
A key value of fostering long-term relationships is driven by Alpha14 Director Toby Pope. Toby Pope believes that projects are only well-managed if our relationships are strong. At Alpha14, we foster all relationships, new or longstanding. We build on relationships through our efficiency, attention to detail, clear communication, and smooth processes throughout the project’s life cycle.
Quality Products
Alpha14 always ensures quality end-results through working closely from well renowned consultants in the industry at different stages of the project’s life.
Market Confidence
Alpha14 will always ensure that the project will follow the direction of the market through undertaking a thorough analysis of the area and its surrounds during the due diligence stage, as well as working closely with relevant consultants throughout the entire life cycle.
Flexibility with Negotiations
Maintaining flexibility is important at all stages of the project. The Alpha14 Team follows director Toby Pope’s ethic with our negotiations. We always maintain flexibility, and will always communicate with all key stakeholders any changes that are required to be made in a clear and concise manner.
Positive and Rewarding Working Environments
A key value that drives Alpha14 is a positive working environment. At Alpha14, we are guided by our founder Toby Pope, who always celebrate key milestones, whether big or small. We are always available to help with any doubts or requests from all stakeholders. Working together is what we love to do.