Richard Lockhart

Recent work

• Welsh Government MIM health  - Member of Welsh Government’s Commercial Action Panel, reviewing progress of and advising WG, via recommendation reports on the new Velindre Cancer Centre project, a pathfinder zero carbon health sector project under WG’s Mutual Investment Model (MIM), from early stage procurement through to financial close. This involved close review of evolving project documentation and interviewing Velindre Health Trust officials, WG health and treasury officials and project advisors
• Scottish Government MIM - Member of Scottish Futures Trust team which developed the SG MIM for transport and social infrastructure projects
• PPP - Member of SFT team developing Non Domestic Energy Efficiency (NDEE)/PPP pilot projects to improve energy performance in the PPP estate
• PPP/NPD health - Public Interest Director on the board of healthcare SPV, Taycare Health Ltd, which runs and maintains the Murray Royal and Stracathro hospitals for NHS Tayside via the NPD contract model, taking decisions on a range of operational issues, such as implementing changes,, funder changes, defects liability, deductions, claims by NHS Tayside, refinancing opportunities and COVID related issues 
• Hub - Led on the sale of charity/third sector infrastructure client Hub Community Foundation’s social infrastructure investment subsidiary and related SFT hub project investment portfolio to private sector infrastructure investor, releasing proceeds to HCF to reinvest in projects in line with HCF’s charitable purposes
• PPP - Advising Bank of Scotland on Edinburgh Schools PPP
• PFI - Advising SPV on Merton Schools PFI
• LIFT - Advising South East Essex Primary Care Trust on its LIFT programme
• SG strategic programme origination - Advising SG on the procurement of its Heat Decarbonisation Framework. The work follows on from developing, delivering and reprocuring SG’s award winning c£300m Non-domestic Energy Efficiency (NDEE) Retrofit Framework for public sector buildings. This including programme managing a multi disciplinary team drawn from the public and private sectors in the procurement of and associated governance process for use by the Scottish public sector, the development of framework procurement and key contractual documents (Standard Form Development Agreements and D&B and DBFM Energy Performance Contracts) to meet key public and private sector stakeholder ambitions (including market engagement) in respect of energy efficiency and to enable heat decarbonisation and associated technical, legal, commercial and financial requirements to agreed budgets and timescales within agreed risk parameters. Also, procured the related Framework project support unit, securing related government funding support both for the PSU and supported projects
• Revenue funding innovation - Developing an innovative revenue funded Energy Performance Contract approved by ONS and Eurostat for use by UK public sector bodies to enable large scale energy performance contracts to be entered into by NHS boards/trusts and other central government bodies with limited or no ability to borrow finance, supported by SG (Health and Social Care Finance and Exchequer as sponsors) and UK Government colleagues
• Outcome based funding - Developing the Scottish Government Net Zero Carbon Buildings Standard for new build and major refurbishment projects in and across the public and third sector estates. The standard underpins the net zero and energy outcome requirements of the funding delivery model being used by SG and SFT on the £2bn Learning Estate Investment Programme
• Strategic secondment – with SG Critical Energy Infrastructure and Commercial Projects Unit, within the Energy and Climate Change Directorate to assist it on industrial decarbonisation delivery and the implications of SG Energy Strategy and Just Transition Plan, including in relation to the Grangemouth Industrial Site and oil refinery related decarbonisation projects seeking SG support (including for example hydrogen, biorefinery and CCUS projects) carrying out project due diligence, business case reviews, including in relation to procurement, subsidy control and public law consideration supporting the development SG’s related governance process and developing agreed project governance and oversight arrangements as between SG, UK Government, the private sector owners and other key stakeholders
• Programme development, innovation and stakeholder engagement- Advising Scottish Futures Trust on the management of Transport Scotland’s Electric Vehicle Infrastructure Fund (EVIF) and programme. This has been a long term project, involving a commercial review of procurement routes for EV charging infrastructure used across the UK, consideration of SFT and TS’s objectives, particularly around crowding in private sector investment, and preparing a commercially viable and legally robust suite of advice and concession model template documents to support Local Authorities in the procurement of concession contracts for public EV Charging Infrastructure. It has informed the approach being taken by UK Government via its LEVI programme
• Procurement and delivery - Managing a multi discipline team acting as legal and commercial lead advising Glasgow City Council on the competitive dialogue procurement of the Commonwealth Games Athletes Village and Legacy development through to contract implementation. This project encompassed not just the remediation, construction and development of the Village but also the Council’s long term regeneration and sustainability objectives for the east end of Glasgow including a district Heating system. Advising the Council on contract implementation including district heating, related utility, operation and maintenance and supply arrangements, state aid implications and sustainability requirements for the project and funding arrangements between the developer, the Council and the Strathclyde Pension Fund Member of SFT team developing and delivering a Scottish Real Asset (real estate and infrastructure) Fund proposition for Scottish Local Government Pension Funds and Scottish Government
• NHS Governance - Advising Clean Heat Developer client on the public law, procurement and subsidy control implications of its work with the public sector on a joint venture which provides district heating infrastructure to the public sector in Edinburgh and the Lothians. This advice involves helping the client manage their relationship with an NHS board in relation to offtake including to a PFI hospital and considering compliant routes for expanding the work carried out by the JV, including advising on the development of key aspects of its strategic business case
• Funding and finance - Advising UK Government/DESNZ on the set up of GB Energy
• Strategic Stakeholder management - Advising large scale renewables developer group GC in relation to governance, key legislation and regulation horizon scanning and stakeholder management strategies (internal, Scottish and UK governments and funders)  prior to, during and following merger of legacy companies and advising on regulator’s interpretation of regulations in relation incentives available to renewables projects forming part of proposed portfolio sale
• Corporate Finance - Advising a major EV charging infrastructure contractor, on a range of strategic and operational matters including in relation to the EVIF programme in support of its corporate finance raising process
• Commercial and procurement strategy - Advising a challenger EV charging infrastructure contractor in relation tender opportunities arising out of the EVIF programme