29 °C Taipei, TW
2021-06-17
Breaking
國際知名建築活動「打開台北 | Open House Taipei首獲正式授權2020全球唯二全開放實體活動城市 今秋台北成世界建築圈注目焦點 AMD CEO to speak at COMPUTEX int’l presser on May 27 about new high-performance computing technologies Sowers Action raises more than HK$700,000 in Charity Golf Tournament 2019 for underprivileged children Sowers Action staging charity golf event to raise funds for children in need of education and care 3D Projection Mapping Light Shows Rock the Most Beautiful Christmasland in Taiwan Decoration Lights Create Dreamy Light Zones to Stun the World The Pool Debuts Internationally Renowned Art Installation in Taiwan 好妝容!秒集氣!NU COLOUR 護膚彩妝系列 訂製保養系妝容,時尚大勢色顯現自我風格 2018 Christmasland kicks off in New Taipei City with dazzling 3D light show Biometrics needed for Taiwanese applying to study and work in Canada Lextar launches VCSEL products for 3D depth-sensing China Airlines embraces new 60th anniversary GO theme for 2019 Calendar 2018 Christmasland in New Taipei City to kick off on Nov. 16 Airbus and China Airlines present A350-900 with special joint livery SkyTeam invites Frequent Flyers to shape the alliance of the future Weiwuying, the world’s largest performing arts center under one roof, to open on Oct 13 in Kaohsiung Acer unveils self-driving concept Car A350 joint livery with China Airlines and Airbus arriving in Taiwan in October CTS to host World Cup Final Night in front of Presidential Office Sunday TrendForce: VR market sees marginal growth in 2018; competition between Oculus and HTC in China to intensify Three-member Taiwan team heading to Prague for 40-day, 16,000-km Mongol Rally Taiwan launches digital library offering 3D models of heritage sites China Airlines presents new in-flight menu for passengers and summer holiday makers US State Department helps broaden remedial English teaching in Taiwan; outgoing AIT Director Moy honored FOOD TAIPEI 2018 attracts record 62,000 visitors, including 8,000 international buyers China Airlines to launch Kaohsiung-Hong Kong- Jakarta route in July Gov’t rolls out plans to save struggling tourist industry in southern Taiwan How about a Michelin-starred gastronomic experience in the sky with Mandarin Oriental, Taipei via Thai Airways? AIT unveils US$255 million new office complex in Taipei to enhance exchanges Driven by Apple and other smartwatch suppliers, demand for infrared optical components expected to grow stronger: TrendForce COMPUTEX 2018 kicks off new chapter of future technologies China Airlines protects the Earth with dual ISO certifications Making the most of miles SkyTeam introduces multi-airline award travel booking COMPUTEX 2018 joins major technology firms to seek new opportunities in blockchain applications Acer debuts first 15-inch convertible Chromebook, Predator Orion 5000 gaming desktops & 15-inch Swift 5 notebook among others 故宮5/26曬書節開跑 打造清明上河圖市集 AUO announces world’s highest resolution and full-color TFT driven micro-LED display technology New incentives for tourists: One-night free hotel accommodation for visitors traveling to Taitung, Tainan, Kaohsiung, Pingtung & Penghu COMPUTEX 2018: InnoVEX features six highlights and explores next blue-ocean opportunities 數位故宮揚名國際!台灣故宮榮獲AAM繆思獎、美國休士頓影展八大獎項 Discounts and free admissions offered to mark International Museum Day in Taiwan Formosa Int’l Hotels Corp announces strategic alliance with InterContinental Hotels Group Bring your cameras: Bigleaf hydrangeas are in season around Taiwan Not dull at all– Britshake offers a very British brunch and afternoon tea Going green in Taipei: Free coffee for cyclists at YouBike stations and free parking for electric scooters Amaroni’s Taipei sets to overturn Taiwan’s Italian tastes with hearty meals Regent Taipei to offer special packages to thank mothers this 2018 Mother’s Day Sowers Action sets fundraising record in Hong Kong’s Charity Golf Tournament — NT$2.6 million for poor children in need of education Cryptojacking tops attack toolkits, signaling massive threat to cyber & personal security Eye On Taiwan Media helps raise funds for Hong Kong’s charity group Sowers Action to aid underprivileged children Fulong International Sand Sculpture Festival: Underground artworks to be unveiled during the journey into the golden sands A better way to eat more vegetables at VEGE CREEK Emerging technologies like 5G, blockchain among key themes in COMPUTEX 2018 World’s third largest FASTENER TAIWAN 2018 sets new milestone Sea of white calla lilies at Taipei’s Zhuzihu promises a relaxing stay for visitors Lextar releases state-of-the-art adaptive driving beam LED headlight module system Acer teams up with major hospitals in Taiwan to provide cloud-based remote healthcare services Hip and trendy choices for the foodie souls along Taipei Metro Blue Line Supply chain hub for functional fashion opens to boost textile industry  Le Meridien Taipei to go dark to shine light on climate change with Earth Hour 2018 Taiwan’s own international music festival Looptopia coming this spring break Gov’t to roll out multi-language interpretation service for tourists Taiwan to take part in Hong Kong International Film & TV Market, film festival Don’t miss out on these newest starred Taipei Michelin restaurants World-class dancing fountain show in Bitan, New Taipei City a feast for the eyes 2018 Taipei International Bakery/Equipment Expo to open in Taipei along with three global competitions Greater Taipei’s new “All-Pass Ticket” offers commuters unlimited rides at NT$1,280 per month or NT$42 per day Looking for good food at reasonable prices? Here’s a full list of Michelin’s Bib Gourmand Selection; Taipei star guide available March 14 Apple snails a treat? Migrant workers contract rat lungworm after eating them uncooked Hong Kong’s designer handbag Chic by R&B sets sights on Taiwan as part of its global development strategy Forecast – Low temperatures around Taiwan later this week, warmer weather expected next Monday Late journalist-diplomat Joe Hung remembered as man of erudition and veracity Come and feast on Dominica’s art, food, jewelry all-in-one at Taipei’s Grand Hotel Million-dollar jobs on offer! Taiwan’s major carrier China Airlines recruiting 100 pilots in 2018 2018 Taiwan Lantern Festival kicks off in Chiayi — largest ever held in Taiwan TRA launches train ticket plus hotel package to boost Hualien tourism after fatal quake TrendForce: Mobile DRAM revenues hit new high of US$8 billion in 4Q17, but expected to grow slower in 1Q18 due to weaker demand Predicted rising price of toilet paper prompts shopping frenzy A pictorial glimpse of the Taipei Lantern Festival Back to work: What’s the best coffee to energize you? Things to do this weekend: Taipei Lantern Festival to kick off with dazzling lighting ceremony in Ximending Acer ITS’ smart parking meter solution takes home ‘Global ICT Excellence Award– Private Sector Excellence’ Taiwan’s Palace Museum tells us how ancient and modern meet Acer win 12 iF Design Awards in 2018 For a Shanghainese Chinese New Year, look no further from Shanghai Pavilion A yummy guide to Kinmen eateries as told by the nostalgic veterans Global smartphone market to remain weak in 2018: TrendForce Mandarin Oriental, Taipei ranked No 1 among top 10 luxury hotels in Taiwan: TripAdvisor Filipino caregiver among 10 people killed by powerful quake in Hualien Rescuers search for survivors as fresh quake rattles eastern Taiwan; 7 killed and 60 missing so far A walk through Dihua New Year Market Gov’t urged to be tough against people misusing boarding passes Blanket of snow covers Taiwan’s high mountains as cold snap kills 49 in a day Contaminated Malaysian durian coffee mix not imported to Taiwan: FDA Regent Taipei to present Japanese Kakiyasu beef; offer customers unique experience of Wagyu 150 local constestants to compete in 2018 Fishackathon Taipei for global final It’s better to walk briskly than aiming for a daily 10,000 steps: expert AIT co-sponsors 2018 Fu-Jen University Jazz Camp in Kinmen, New Taipei City Taiwan’s global trade competitiveness drops for sixth consecutive year: survey Hotels in Taiwan’s beach resort town Kenting see business downturn despite CNY holiday Stay warm: Weeklong cold snap arrives along with rain Tourism Bureau sees productive year ahead after its efforts to assist local industry Jiji railway line in central Taiwan set to be new tourist hotspot Yuck! Beware of the baked goods mixed with rotten eggs Early arrival of cherry blossoms to greet the Yangmingshan Flower Season in Taipei Must-see and must-eat places in “Lesser Kinmen” Kinmen, a sensory paradise for the tastebuds and the eye Strolling with eyes wide open, Kinmen is rich in aesthetic appeal and historical attractions It is all about AI robots: they can play the roles of sex partners and therapy, or cops to tackle crimes Taiwan axes 176 extra Lunar New Year flights from China, 50,000 passengers may be affected Taiwan’s CAL HQ awarded Diamond-rated green building; saves 23,000 kWh of power in 2017  Food safety makes up half of 2017 top ten consumer news: watchdog (Part 2) Dolores O’Riordan, The Cranberries lead singer, dies at 46 Food safety makes up half of 2017 top ten consumer news: watchdog (Part 1) Early arrival of Laomei Green Rock Troughs Cold snap kills close to 300 in Taiwan, warmer weather forecast Celine Dion to give two concerts in Taipei in July as part of her Live 2018 Asian tour Apple’s iOS 11.2.2 may slow iPhone performance by as much as 50% AIT to hold 2018 Fishackathon in Taipei and Kaohsiung for marine conservation 香宮美饌到你家
經典烤鴨、海陸極品免運輕鬆享
加價一千元再享生日蛋糕與氣泡酒
宏匯廣場 感謝有您齊心防疫 6/12恢復餐飲外帶營業
自主啟動餐飲同仁防疫篩檢 讓顧客加倍安心帶
收益10%捐贈新北防疫基金
因疫虧損數億,典華仍傳愛弱勢家庭送出1,500顆端午禮粽! 台日友好再下一城 艾瑪風光抵日
六福報喜 台日犀牛聯姻幸福啟航
勝博殿推出全新防疫套餐
外帶享防疫價七五折優惠

KPMG – Offering
Project Management and Fiscal Prudence

Smart Infrastructure / Smart Energy / E-Government

KPMG ADVISORY SERVICES CO., LTD.
home.kpmg/tw/en/home.html

Highlights

  • Offering intra-departmental/industry project management for clients which augments project efficiency for the client.
  • Providing a solution for financial engineering needs and attendant adjunct issues
  • Presents comprehensive organization, investigation and standard-setting efforts for clients

Better known for its capacity as a financial consultant and accounting auditor, KPMG International’s services as a consultant is less obvious and often overlooked. KPMG offers a wide range of consultant services, from information security and technology, internal audit and control, and financial consultation.


KPMG Head of Infrastructure, Government, and Health Steven Chen (陳文正) said KPMG’s services go hand in hand with projects for developing countries by multilateral organizations worldwide.

“These countries don’t necessarily need new technology; what they lack is help in financial engineering,” Chen said.


Many infrastructure projects, such as public transport, waste management, and streetlights, can be seen as a form of financial engineering, as the projects would impose upon the government a certain level of debt, and what methods, or the approach, the government adopts to handle that debt is where KPMG services come in.


The Amman Project
In 2016, KPMG Taiwan entered a consultancy service contract with the European Bank for Reconstruction and Development (EBRD) and the Greater Amman Municipality (GAM) in Jordan throughout the tender process for an energy-efficient street lighting modernization program.
The program would utilize a Public-Private Partnership (PPP) structure and an Energy Service Company (ESCO)/shared savings energy performance contract (EPC) model.


Balancing Needs and Profit
To facilitate GAM’s goal to decrease the electricity consumption by up to 50 percent per year and successfully attract an investor, KPMG has to assist GAM to design the tender to attract the potential ESCO investors under the EPC model.

Close-up of contemplative female environmental specialist in mid 30s performing onsite inspection of waste management facility.


The ESCO/EPC model meant that the more GAM reduces its electricity costs, which at the time was based on the annual cost using sodium lights, the more the contractor stood to profit, KPMG Taiwan Director Mickey Lin (林文棟) said.


The team set out a ten-year life cycle for the project, which covers construction and installation, operation, and transfer.


“We typically provide consultation for the viability assessment and the methodology depends on whether we are brought in for technical, financial, legal, and procurement” Lin said.


The team would bring in experts for other aspects, such as construction and operation, or other specialties, when necessary.


During the bidding stage, the team’s services would vary depending on whether it is assisting the government or a private entity; KPMG would assist with setting down technical and financial standards if assisting the government and would assist private companies to understand and meet government-standards for the bid.


Outlining and Implementing Project Bidding Processes
KPMG Taiwan assisted GAM in establishing financial and technical standards for potential investors to ensure that the project achieves its target goal.


The technical specifications proved more challenging, as the municipality has stated it must retain control of all light fixtures in the project’s initial phase, and the KPMG team must strive to balance the available technical specifications on the market, GAM’s demands, and the potential investor’s capability.


Tasked with assisting the municipal government with finalizing technical specifics for its project goal, KPMG reached out to a tech consultant company – incidentally, the one which introduced KPMG to the project, named P&C Consulting Co. – to provide details regarding tech specifications of LED lights on the market.


We were the municipality’s eyes and ears, as we were contract-bound to analyze all risks that the GAM would encounter, Chen said.


“The municipality, of course, would have its view of how it wanted to conduct the project,” Chen said, stating that the team tried to accommodate such decisions accordingly.


Such decisions would go on to affect project details, such as whether the number of lights should be increased or decreased, what specifications are required for what sections, and most importantly, who would shoulder the responsibility and inherent risks, of construction and operation.


Once the KPMG team decided what specifications would best meet GAM’s needs in the project, the KPMG team had to conduct market sounding and take the specifications to other companies in the industry and determine whether the specifications could be realistically achieved.

Moreover, KPMG will also have to ascertain that interested parties are financially and technologically qualified to take up the project.


Project Conclusion

KPMG completed the contract per its agreement at the start of the contract in 2016, when it signed on for the project stating that it would, to the best of its ability, assist the municipality and arrange at most three bidding ventures, after which KPMG Taiwan would consider the contract to have been fulfilled.


Overall, GAM’s adoption of the PPP system would present the municipality with less of a financial burden, as it not only stretches out the payment cycle, but also provides an incentive for the contractor to do its utmost to observe prices, as the contractor’s source of income for the project depends on how much it helps GAM save from its yearly electricity bill.

Current Ongoing Projects Abroad and Domestic
KPMG Taiwan is also engaged with the city government of Ulaanbaatar, Mongolia, to assist it with debt management in a solid waste project.
KPMG Taiwan had delivered it EOI on the project as early as 2017, but the Ulaanbaatar city government had delayed its response until July 2019, Lin said.


The project had been further delayed by the outbreak of the COVID-19 pandemic and the official contract was only signed in June this year.


In addition to the Ulaanbaatar project, KPMG Taiwan has also taken on several cases in Taiwan, including two waste-water handling projects for the Taoyuan special municipality, a biomass build-operate-transfer project being planned in Kaohsiung, and being involved in the financial planning of the green line for the soon-to-be-built Taoyuan MRT.

Selling Points

  • Providing the connections to facilitate a clearer understanding of technical specifications available on the market and assisting clients to select products it needs to for the project
  • Utilizing professional knowledge to establish financial standards for potential bidders and assisting its client in holding potential contractors to high standards
  • Laying out for its client the risks, as well as pros and cons, for different choices its clients made regarding the particular project structure being utilized
Hide
Show