There are currently more than 700 operational PFI contracts in place in the UK, with a capital value of £57 billion. Over the next 10 years, over 200 PFIs will expire.
The NAO’s recent report on ‘Managing PFI assets and services as contracts end’, the Scottish Futures Trust’s recent report ‘PPP Projects Nearing the End of Contract: A Programme Approach’ and Local Partnerships stress the importance of:
- treating the expiry/hand back process as a project, ensuring that appropriate governance and sufficient resources are in place;
- starting the process at least 5-7 years prior to expiry;
- a collaborative approach being adopted across the key stakeholders
In this webinar, you will hear from:
- the team that led the Department for Work and Pensions’ successful exit of the first large-scale UK PFI. DWP’s ownership and operation of its real estate had been transferred to Telereal Trillium under PRIME (a 20-year long, £13bn PFI)
- the team that managed the successful transition of the Old War Office out of the Ministry of Defence Main Building PFI
- the Institute for Collaborative Working (ICW)’s team who are leading ISO 44001 collaborative working initiatives across major PFI’s, including the MoD / Modus / Skanska / Amey way-of-working on Main Building and how that positions the parties for a successful hand back
The webinar event will be hosted and run by Amanda Bucklow of the Construction Investigation Group, with guest speakers Paul Francis (Managing Director, Modus Services), Max Curzon-Hope (Managing Director – Curshaw), Bill Taylor (Associate Director – ICW) and Graham Thomson (CEO – Affinitext).
The event will include a ‘breakout room’ session straight after the talk to allow you to explore and discuss the ideas raised with other professionals in the CIG team.
At the end of the Masterclass session, you will have a good understanding of:
- The size and scale of the hand backs of PFIs over the next decade
- The challenges and issues faced by key stakeholders in ensuring the efficient and successful hand back of assets
- The importance of a collaborative approach
- The role of technology in supporting successful, efficient and equitable hand-backs
The Event will be held on Thursday 12th November (11:00 – 12:15 BST)
Tickets are available to purchase on eventbrite via the below link: