Drum Advisory is a sole practitioner advisory practice established by Nick Tamburro in late 2014.
Areas of practice:
Drum Advisory brings proven thought leadership to the planning and procurement of major public infrastructure.
The areas of advisory offered:
1. leadership on business case development, contracting strategies and preparation of tender documents for infrastructure using alliancing, traditional or PPP models
2. developing government policy and practice for resource planning and project delivery
3. advising on strategic sourcing principles in procurement projects and processes
Other subject areas of capability:
· advising on commercial, financial and budget risks in projects and on delivery and management options
· project governance and contract management strategies and processes
· the development and review of project budgets in business cases
· structuring value capture initiatives for financing and funding capital projects
· application of real options thinking in investment planning
· productivity metrics in construction projects.
· probity advice on tender and commercial transaction processes
· engaging with stakeholders, chairing committees and board membership
Panel membership:
Drum Advisory is a member of the Victorian Government's Open Panel State Purchase Contract for the provision of Professional Advisory Services, which was established by the Department of Treasury and Finance in September 2015. Drum Advisory is pre-qualified in all six (6) commercial advisory categories, namely;
1. strategic policy review and reform project development (incorporating service need analysis, service planning, feasibility studies and strategic assessments);
2. business case preparation and development;
3. market engagement and implementation;
4. commercial contract management;
5. project, program and business review (incorporating business re‐organisation reviews); and
6. general commercial advice (incorporating commercial negotiations).
Example of a past policy and guideline project:
Nick initiated and chaired the Inter-jurisdictional Steering Committee for Alliance and Traditional Contracting, and led the development, approval process and publication of the National Alliance Contracting Policy and Guidelines (2011). Working with stakeholders in multiple jurisdictions, difficult but necessary outcomes were achieved. This work had a significant positive impact and fundamentally reformed the practice of alliancing in Australia (at this time the entrenched ‘alliancing industry’ had delivered some $70 billion of projects over 2004-2011).
An early and successful application of the new alliancing policy and guidelines was undertaken by the project team in Victoria's $3.9 billion Regional Rail Link project. The team was delighted with what the new policy enabled. The project team met its construction timeframes, quality and performance standards and made significant savings against its business case budget.
