Case Study:
Frac Sand Plant
TPS Provided Due Diligence, Reserve Evaluation, Risk Mitigation and EPCM Services
This project began with the client asking for assistance in completing the due diligence work on a greenfield project. TPS helped to qualify the quality and quantity of the reserves, obtain permits and develop the business model required to obtain the capital to proceed. The customer wanted to build a greenfield site with railroad access, high-quality reserves and a low operating cost. TPS was asked to help assist in identifying risks and putting together plans to mitigate those risks. Once the plant was approved, TPS was asked to provide EPCM services.
Project Details:
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Location: Wisconsin -
Project Size: $130 Million -
Project Type:
Frac Sand Plant
Benefits Delivered:
- Turn-Key Processing Solutions identified risks to the client, and then developed a plan to mitigate and manage both construction and operational risks
- Our operational background provided a unique solution to the client by providing both a Guaranteed Maximum Price construction proposal and a proposal to operate the plant at a fixed price
- TPS engineered, procured and constructed the plant in six months, which was the original time line
- The plant met all the performance guarantees included in the contract and product was shipped as agreed upon
- The plant has performed as specified and per the guarantee
