Stephen Rae is a long-standing player in the market who draws recommendations for his exceptional understanding of project delay and disruption and his abilities in both contentious and non-contentious mandates.
Stephen Rae is a senior managing director and head of FTI Consulting’s construction solutions practice in Australia.
Stephen is a chartered quantity surveyor with over 35 years’ experience in the construction and engineering industries. For the past 25 years he has specialised in the provision of cost management, change valuation and forensic delay analysis services to owners, contractors and their legal advisers. His services have been provided in both contentious and non-contentions situations, in relation to commercial developments; roads; railways; airports; tunnels oil and gas platforms shipbuilding LNG plants pipelines mining facilities power plants desalination plants nuclear installations defence installations pharmaceutical plants and marine civil projects.
Stephen first testified as an expert in 2000 in Hong Kong in relation to a dispute arising out of a hotel development in Macao. He has since received in excess of 25 expert witness appointments on construction quantum and/or delay matters and has given oral expert testimony in several jurisdictions including Australia, Hong Kong, the Philippines, Singapore and Taiwan, before domestic and international arbitral tribunals.
Stephen frequentley lectures on subjects relating to the preparation and assessment of construction claims, delay analysis methodologies and methods of evaluating the impact of change on resource efficiency.
Stephen holds bachelor’s degrees in both law and quantity surveying. He is a fellow of the Chartered Institute of Arbitrators, a member of the Royal Institution of Chartered Surveyors (RICS) and a RICS-accredited expert witness.