Tungsten Capital extends its Claims Fund to Ireland with Dublin-based Staveley and Partners
In the last 12 months, Tungsten Capital’s Claims Fund, Quantura has been made available to strategic partners in the UK, South Africa, Australia, Hong Kong, and now, Ireland.
Through the formation of this latest alliance with Staveley and Partners, the long established and highly regarded Dublin-based practice, all parties involved in the construction process including employers, contractors, sub-contractors and consultants are now able to take advantage of the benefits that arise through using the services of one of the top consultancies in Ireland and with the attractive financial advantages that Quantura is able to bring.
Staveley and Partners specialise in construction claims, risk management, dispute resolution and expert work. The firm was established in 1977 and comprises a highly talented team with extensive experience in the engineering and construction sectors in Ireland.
The team includes Directors Mark Wearen and Bryan Hamilton. Mark is a Chartered Quantity Surveyor and Chartered Civil Engineering Surveyor, who has 33 years’ experience in the industry, with a broad portfolio of claims and expert witness quantum work. Bryan is a Chartered Engineer and Fellow of Engineers Ireland with 40 years’ experience working predominantly on major infrastructure projects in Ireland and the UK.
Through Quantura, construction companies, employers, sub-contractors, and construction industry consultants have access to this unique method of funding and developing commercially viable construction and engineering entitlement claims.
Staveley’s new alliance with Tungsten Capital will help provide claimants in Ireland with the means to pursue claims with a true no win, no fee” service.
The announcement follows the launch of two further alliances last month, BFC Consulting in Australia and HPR Project Consultants in South Africa.
Extending the Quantura Fund to other Claims Consultants is the next phase of development for Tungsten Capital’s growth and follows its initial launch to our own clients in the UK and Europe in 2018 and its extension to the Middle East last year.
“I am something of a fan of the team at Staveley and Partners, and I really admire the care with which Mark, Bryan and their team approach pretty much everything that they do.Tungsten Capital CEO, Peter Elliot
Their understanding of the construction claims arena in Ireland really is second to none and they know precisely how they can use the Quantura Fund to benefit their clients to achieve the best outcome.
I am proud that we are able to announce this strategic alliance with Staveley and Partners and we look forward to working closely with them as the construction industry emerges from this very strange and unpredictable period”
“The construction claims industry in Ireland is quite different to that anywhere else in the world. Parties typically expect, and are generally successful in, reaching negotiated settlements in a relatively informal manner. However, there are occasions when that is either not possible or not in the best interests of the claimant, but the pursuit of a just outcome is curtailed by a lack of funds. By having a sophisticated and well organised claims funding option available, we are confident that availing of the solution offered by Quantura will help to limit claimant risk exposure, and will support them in developing high quality claims in the knowledge that they have the support they need to get the results they deserve.”Staveley and Partners, Director, Mark Wearen