PFI Handback

The PFI Handback team have opened a survey to get full insight into the PFI market from both the public and private sector viewpoint. If you are an investor, FM organisation, or public sector body, or anyone with an interest and insight into PFI/PPP assets, please do take part. The survey can be completed confidentially, […]

Christmas came early to Larmour Towers in 2021 with the publication of the Infrastructure & Projects Authority’s Phase 1 Expiry Health Learnings Report. The report details the IPA’s PFI Centre of Excellence’s (PFI CoE) analysis of the first 52 PFI Expiry Health Checks conducted over the course of 2021. Overall, there are a number of […]

Following our recent series of articles, Freeths’ PFI expert Jackie Heeds and ETL’s Director of Infrastructure Solutions, Paul Styler, invite you to our exciting and informative session on how to manage PFI expiry. This session will touch upon: Condition Survey Lifecycle Funds Variations (past and future) Redundancies/TUPE/pensions Maintenance of Records Post Expiry Estate Considerations Date: […]

Many assume that an appropriate level of resourcing, robust contractual knowledge, and a touch of negotiating guile, will result in successful contract expiry and inheritance of the relevant assets – and the Trust’s business can continue as normal, focussing on delivering frontline services. However, the implications of inheriting an expired PFI asset are not that […]

In our previous article we addressed some of the common themes Trusts face with contract expiry though it doesn’t end there. In this article we consider some further themes that the Trust also needs to be alive to. Potential scope to extend the contract You are backed in a corner, time is running out, you […]

When is a good time to start preparing for contract expiry? You may think that it is years before your PFI contract comes to an end and contract expiry preparations are something which can be put on the back burner. Besides, there will be enough challenges with the day to day management of the contract […]

The Public Accounts Committee considers school PFI projects as particularly complex when it comes to contract expiry. Why is this? And how can schools be transitioned out of a private finance arrangement most effectively? The very earliest contracts have expired, and some 200 will expire in the next 10 years. The private sector and the […]

In and amongst the debate around PFI handback, one of the most interesting questions is around how the public sector will manage legacy PFI assets post expiry. While much of the debate focuses on the handback process, the longer term operation and management of facilities poses some challenging (but perhaps more interesting) questions for the […]

Hear how the public and private sectors believe early collaboration is key to secure a successful outcome for all. Freeths have gathered together leading industry experts, often with opposing views, to highlight the major issues facing stakeholders when embarking on the handback of a PFI project. Chaired by James Larmour, come and listen to the […]

Perhaps unsurprisingly Mrs James eschewed the delights of the Public Accounts Committee grilling the IPA and Local Partnerships on PFI handback preparedness in favour of “Bridgerton”.  So I settled down in front of my laptop with some strong coffee, despite suggestions from others that something even stronger might be needed.  44 minutes in and I […]