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VINCI Concessions: a certain idea of the private sector’s contribution
VINCI Concessions accounts for nearly two-thirds of the VINCI Group’s investments. It has the Group’s financial backing and benefits from a constant exchange of expertise and synergies with all VINCI’s business lines. Bit by bit, VINCI Concessions has thus enhanced its performance, including its internal organisation, in order to better meet the needs of its public stakeholders.
An appropriate response at each stage
VINCI Concessions offers the full complement of capabilities needed to be an effective partner. To support public authorities at each stage of their projects, VINCI Concessions makes available to them its entrepreneurial culture, which enables it to be:
- Resourceful and pragmatic
- Bold and methodical
- Dynamic and service-oriented
VINCI Concessions is organised in three large teams, corresponding to the three main stages in the life of contracts:
1 - Development – working together to devise the project:
Developers are in charge of managing contracts, from the planning stage to signature:
- Identification of the expected economic and social benefits to society and users
- Consultation of local residents, institutions and civic organisations
- Optimisation of the project definition and functions in light of expectations
- Analysis of the financial feasibility of the project and drafting of a financing scheme enabling the project to be carried out with a high level of quality and at an acceptable cost for all parties (financial engineering)
- drafting of a framework guaranteeing legal stability and security of the future contract and its environment
2 - Programme management – grounding the project
Once the contracts have been signed, they may be forwarded to programme management teams. Since VINCI Concessions is the primary interface with the public contracting authority, those responsible for programme management must perform the following missions:
- Act as the interface with the structure’s builders, stimulate exchanges of information and communication
- Support implementation with the best quality of execution, costs and schedule compliance
- Fully take on board the social and environmental responsibilities that go with our business activity
- Provide support and advice for recruiting and coordinating the necessary expertise from local and international partners
- Set up the administrative tools to ensure efficient transition to the operation and maintenance phase
3 - Operation – developing a team culture
VINCI Concessions operating teams are responsible for managing the contract over time, with the following objectives:
- Reason in terms of user satisfaction and focus our entire approach on the public interest over the entire lifetime of our contracts
- Propose pricing policies that are matched to demand
- Maintain our infrastructure in perfect operating condition
- Provide the public authorities with written proof of our good management (financial, technical, quality reports) in a cooperative management system
- Propose innovative solutions to adapt our services to the environment and to new concerns
- Develop management tools and tracking indicators to measure sustainable value creation
At VINCI Concessions, this organisation of our business activities has enabled us to consolidate our operations in activities with which we are familiar and position ourselves strategically and effectively in other sectors as well. Our approach is based on respect, transparency, forward planning, consultations and determination to cope with the complexities of projects. We are thereby able, day after day, to consolidate our position. We therefore operate in a wide variety of business activities:
- Roads and motorways
- Car parks
- Bridges and tunnels
- Public facilities (stadiums)
- Airports
- Railway infrastructure
