Hospitality Procurement Solutions PROCUREMENT PROJECT MANAGEMENT ADVISORY NEW YORK DUBAI

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1 Hospitality Procurement Solutions PROCUREMENT PROJECT MANAGEMENT ADVISORY NEW YORK DUBAI

2 SERVICES Act as Owner s Agent Familiarization with Project Budget Estimate Sourcing, Bidding, and Price Negotiations Preparation of Contracts and Purchase Orders Establishing Credit Terms WHAT WE DO Provision PMG is a strategic partnership between Provision Advisory Services and Partners Management Group to provide professional turnkey project management solutions for Furniture Fixtures and Equipment (FF&E) and Operating Supplies and Equipment (OS&E) procurement services in the Middle East, Africa and South Asia. We pride ourselves in working closely with each client, architect, designer and vendor to successfully complete a project on schedule and within the approved budget. Through our direct manufacturer relationships, we are able to negotiate a favorable pricing strategy by conducting a stringent RFP (request for proposal) process. This enables us to negotiate aggressively on behalf of our owners ensuring the greatest overall value, while also providing high quality of product consistency that exceeds the designer s expectations. Contract Administration Reports and Accounting Agent s In House Project Staffing Payment of Vendor Invoices On Site Project Manager

3 SIGNATURE PROJECTS COMPLETED The sample listing of projects completed is a testament of our outsourced hospitality procurement services expertise. Our associates possess the international experience required to work across different cultures. This has proven to be a vital component in successfully executing a variety hotel of projects in the US, Europe and the Middle East. The Setai Hotel (New York, NY) Owned by Bizzi & Partners 5 Star Luxury Hotel and Residential with Spa, Public Space, and Rooftop $26 million USD value Designed by D.A.S. Interior Yas Island Marina and Yacht Club (Abu, Dhabi) Yacht Club and Exclusive Marina $3 million USD value Mela Hotel (New York, NY) Owned by O&O Properties $20 million USD value Renovation 240 room boutique hotel Giants/Jets Stadium (Rutherford, NJ) 220 high end super suites, 3 restaurants/kitchens, private team area $7 million USD value Designed by The Rockwell Group W Hotel South Beach (Miami, FL) Owned by RFR Realty/ The Related Companies 4.5 Star Luxury Hotel $30 million USD value Designed by Studio AB Ferrari World (Abu, Dhabi) Farrah Leisure Management LLC Worlds Largest Indoor Theme Park $5.5 million USD value Trump SoHo Hotel (New York, NY) Owned by Bayrock/Sapir Organization 5 Star Property $30 million USD value Designed by The Rockwell Group Viceroy (Snowmass, CO) Owned by The Related Companies 5 Star Luxury Hotel and Condominiums $20 million USD value Designed by Denniston, Kelly Wurtzler Dylan Hotel (New York, NY) Owned by Morris Moinian 4 Star Property $20 million USD value Gut renovation of historic Chemist Club Building (including addition of 4 new guestroom floors atop the existing structure) into a luxury boutique hotel Viceroy Maldives Resort Mubadala Development Co. PJSC 5 Star Luxury Hotel Villas and Spa $6 million USD value Designed by Yabu Pushelburg

4 GIANTS/JETS STADIUM TRUMP OCEAN CLUB PANAMA VICEROY HOTELS & RESORTS, MALDIVES FERRARI WORLD ABU DHABI

5 MEET OUR TEAM The leadership team at Provision PMG comprises of talent that encompasses well over a 100 years of outsourced hospitality procurement services experience. Our knowledgeable team is experienced with all phases and aspects of hotel development including, both renovations and ground-up projects. Throughout each phase of every project, we work diligently to coordinate and expedite the purchase, manufacturing, delivery and installation of each FF&E/OS&E item specified for a project. Steve Bolson, Managing Partner Steve Bolson is a seasoned executive with over 30 years of hands on management, operations, administrative, project management, purchasing and consulting experience in the hospitality industry. President of Stevens & Company, owner representative services for the The Moinian Group Prior to Stevens & Co, Steve has had 20 years of senior hotel operations experience with some of the most recognized US lodging brands - (EVP, Trump Taj Mahal, VP, Bally s Hotels VP, Tropicana Hotels & Resorts) BA from Tulane University in New Orleans, LA. Juris Doctor from Rutgers Law School in Newark. Team Image Nishanth Talwar, Director of Operations Nishanth Talwar has extensive experience in the hospitality industry spanning the multiple disciplines of operations, finance and procurement. Nishanth brings an expansive and deep rooted knowledge base to Provision PMG given his varied industry background working in hotels, quick serve restaurants and airline catering across the Middle East and India. Asst. Purchasing Manager, Hilton Dubai Jumeirah Resort & Residences (UAE) Cost Controller, Hilton Dubai Jumeirah & Hilton Dubai Creek (UAE) Asst. Cost Controller, The Ambassador s Sky Chef (India) Higher Diploma, Hotel Administration & Food Technology (India) Darryl Rego, Managing Partner Darryl Rego has 20 years of global experience in general management and in food and beverage and supply chain management within the hospitality industry. President, Provision Advisory Services, LLC Director Strategic Accounts at Avendra, LLC, Washington, DC, from 2003 to 2011; managing C-level relationships with a portfolio of hotel owners and management companies Director of Purchasing at Marriott International, NYC General Manager at Orion International in Singapore, a subsidiary of Nautilus and PFD Foodservice Australia EMBA, Finance from St. Joseph s University, Philadelphia, PA. Swiss Higher Diploma from Hotel Institute Montreux, Switzerland Patrick Welch, Senior Advisor, Corporate Strategy Patrick Welch is an international hospitality industry executive for 44 years, has worked in over 50 countries, has been a CFO (Chief Financial Officer), COO (Chief Operating Officer), CEO (Chief Executive Officer) and small business owner. Rembrandt Charms, Williamsville, NY - President & Chief Operating Officer Erie County Veterans Service Agency, Buffalo, NY - Director United States Marine Corps, Sergeant USMC (Ret), Infantry Squad Leader in Vietnam Daemen College, Amherst, NY - Director, The Center for Veterans & Veteran Family Services, Adjunct Professor, School of Social Work Personal Awards: Purple Heart, Combat Action Ribbon, Good Conduct, National Defense, Vietnam Campaign, Vietnam Service and New York State Conspicuous Service Cross

6 OUR SUCCESS STORIES In a recent project on a 5-star hotel in New York City, Provision PMG was able to help bring millwork costs down by calling on one of our reputable vendors, saving the developer $10 million USD over what was quoted by the general contractor Going above and beyond the FFE/OSE scope of a 5-star New York City hotel project, Provision PMG was able to save the client $1.2 million USD in architectural lighting and an additional $500K USD on low-voltage wiring through good relationships with alternate sources, all while staying true to the designer s vision. In a recent New York City 5-star hotel project, Provision PMG was approached with a specified FFE/OSE design of $44 million USD compared to client s budget of $24 million USD. To achieve this goal, Provision PMG collaborated closely with the project s interior designer while also utilizing our vast resources and network of suppliers to maintain the integrity of the design. This successful team effort resulted in the actual project costs to be in line with the client s budgeted scope. Provision PMG was called on in a recent project to take over for another purchasing company that was terminated due to lack of efficiency, staying on schedule, and keeping within the budget. In less than a year Provision PMG purchased over $28 million USD resulting in yet another successful job In a recent project Provision PMG was brought on board following another purchasing company that had been terminated due to lack of time management and resources to stay on budget. In less that one year Provision PMG purchased $27 million USD in FFE getting the job back on schedule and budget. While working on a 220 room boutique hotel lacking $4 million USD to purchase FFE/OSE, Provision PMG was able to negotiate an acceptable lease between bank and owner allowing for a complete and successful project. On a 4 ½-star NYC Boutique hotel, Provision PMG reduced the FFE budget by $4 million USD by specifying veneer wall covering in lieu of actual wood custom case goods. By replacing a custom headboard/wall unit with a combination of dry wall and veneer wall covering, we achieved the same design through value-engineering with a significant savings.

7 Hospitality Procurement Solutions USA Steve Bolson 8 West, 38th Street 7th Floor New York, NY steve@pmgnyc.com Tel: +1 (212) UAE Darryl Rego Jumeirah Bay X2 Unit 109 Jumeirah Lake Towers Dubai, UAE darryl.rego@provisionllc.com Tel: +971 (55)

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