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Local Partnerships hosted a PFI Expiry webinar on 14 March to provide a practical insight into the key issues to consider when running through a PFI expiry process. The webinar is aimed at contract managers and individuals who have an operational focus.
There are currently over 700 operational PFI contracts, over 400 of these within local government. Each PFI contract has an end point, or expiry date. In the first part of this decade, over 50 operational PFI contracts will reach that expiry date, rising to around 200 contracts over the next 10 years.
Each PFI contract has an end point, or expiry date. In the first part of this decade, over 50 operational PFI contracts will reach that expiry date, rising to around 200 contracts over the next 10 years. The resources required to deal with these contracts will be substantial.
In June 2020, Local Partnerships produced guidance to help the public sector manage the PFI expiry process successfully. In November 2020, we followed this up with a webinar titled “Preparing for the expiry of private finance initiative projects” aimed at strategic decision makers.
Since then, we have:
- appeared as a witness at the Public Accounts Committee as to the preparedness of the public sector for PFI expiry
- provided expert input into the Infrastructure and Projects Authority’s guidance on PFI expiry
- reviewed 11 PFI contracts which are expiring within the next 7 years
- provided targeted expiry support to the Driver and Vehicle Licensing Authority
- undertaken bespoke reviews and support across expiry issues to numerous local authority clients
Watch our webinar on ‘Successfully launching a commercial venture’ by clicking on the link below or scroll down to watch from within this website.
Listen to our experts talk about how to Manage risks and legal issues in commercial ventures
The purpose of Refit business case guide is to provide guidance and information to public sector organisations on the benefits and use of the Re:fit framework to support an options appraisal or business case.
This document is intended to assist you when completing your options appraisal or business case. The text provided within this document contains Re:fit-specific responses that would be suitable (adapted for your organisation and proposed Re:fit project as may be necessary) for relevant areas of the business case.
Read four of our RE:FIT: Case Studies about how Re:fit framework has helped local authorities, Cambridgeshire County Council, Huntingdonshire District Council, Sir Harry Smith Community College and Historic buildings City of Cardiff Council.
Energy efficiency and financial savings through Re:fit
RE:FIT is a procurement framework and support service available to all public sector organisations in the UK.
Since 2009 it has been helping organisations to deliver “spend-to-save” environmental retrofit projects that both improve their buildings and, importantly, make substantial guaranteed financial savings.
Supporting transport and infrastructure projects
We have recently supported local authorities and delivery partners to progress a range of high value transport projects and keep them on track for delivery. Our support has included help to resolve contract issues, support with procurement processes, programme and project management and capacity building.
Impact Report 2018-19. To celebrate our tenth birthday we have launched our 2018-19 impact report, celebrating the successes we have achieved over the last year and looking back at those achieved since our inception in 2009.
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