Background I was appointed by the investor to turnaround an under-performing project following a rescue refinancing. The concession to design, build, finance and operate the facility over a 30 year period had an enterprise value of £75m and turnover of £5m pa. The...
Construction Law recently published an article on CIG’s response to the Green Paper on Transforming Public Procurement. The article was first published at http://www.constructionlaw.uk.com/radical-project-governance-reform-demanded/. We re-publish the article here,...
On 15 December 2020 the Cabinet Office launched a consultation document on proposals to overhaul the procurement process for the public sector as part of their Brexit strategy. The consultation closed on 10 March 2021. CIG Services Ltd applauds the proposals as being...
The collapse of the construction giant, Carillion, was not a ‘black swan’ event: it was entirely foreseeable and widely anticipated by the financial markets and the industry itself. Three years on we now have a clear picture of how devastating the impact...
Background This 30 year concession was for the design, build, financing and operation of a multi-site schools PFI project in the UK. The project was acquired as part of a large portfolio, the due diligence for which identified a dispute that management representations...
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