Introduction
This document provides practical guidance to contracting authorities on managing PFI contract expiry and service transition.
‘Preparing for PFI contract expiry’ provides practical guidance to contracting authorities on managing the expiry of Private Finance Initiative (PFI) contracts and the transition to future services provision. This guidance is aimed at PFI contracting authorities, including Senior Responsible Owners (SROs) and PFI contract management teams and applies to PFI contracts in England across all sectors. It does not seek to be prescriptive, as the activities required to exit from a PFI contract vary considerably based on the nature of the assets and services provided, the form of contract and the future requirements of the authority. Instead, it offers a framework for approaching PFI contract expiry and transition, based on practical experience.
Conclusion
This guidance is supplemented by an expiry toolkit of further documents providing related additional tools and materials to support authorities in managing expiry. It is intended that this toolkit will be added to, over time, to reflect the growing expiry experience in the market and to provide a practical reference base.
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