PFI Expiry and Handback Consultancy Services
PFI Expiry and Handback Consultancy Services
We offer:
PFI Expiry Planning
We assist in developing a detailed strategy for the expiry of your PFI contract. Our consultants identify key milestones, assess the state of the facility, and provide guidance on transitioning responsibilities, ensuring continuity of service and minimal disruption. We can support with the development of expiry plans from milestones (including contract milestones) to detailed activity level.
Data & Financial Modelling
We have significant experience of the complexities of managing asset condition surveys, including asset and remedial works data. This data is critical to understanding the status of the exit process and determining risks, mitigations and interventions required. Our established data modelling and reporting will provide total transparency to all parties and control of retention amount calculation (where applicable), assessment of risk, tracking of completed works and retention release (where applicable).
Survey Management & Rectification Works
Condition surveys are a critical step in a PFI expiry and hand back process. We support you with developing the survey scope, procurement of surveyors, including the surveyor briefing and management of the surveys, including the quality and standard of the surveys themselves. Following which we will manage the negotiations between parties to define and agree remedial works, costs and the programme for delivering. Agreement of the process of formally notifying completed works and sign off will then link to the data and financial modelling process. We can step into your expiry team and manage these processes on your behalf.
Asset & Liability Management
As PFI contracts near expiry, it’s essential to conduct a thorough review of assets and liabilities. We support your organisation in identifying the contractual mechanisms in the principal contract agreement, evaluating the condition of assets, managing maintenance responsibilities, and identifying any potential financial implications as ownership or responsibility is transferred.
Transition to Public Sector Operations
Transitioning facilities management responsibilities from a private provider to public sector management requires careful planning. We help public authorities, SPVs, FM providers to plan for this process, manage key transition/cutover activities and develop in-house capabilities, ensuring that you have the right resources, expertise, and systems in place to effectively manage facilities post-PFI.
Knowledge Transfer & Training
Ensuring a smooth transition involves transferring knowledge from the private contractors to the new management team. We support your organisation with tailored training programs and knowledge transfer processes, equipping your team with the skills and insights needed for successful operations after PFI expiry.
Post-Expiry Operational Support
Even after the PFI contract ends, we provide ongoing consultancy support to ensure that facilities management continues seamlessly. Whether you need support with performance monitoring, vendor selection, or post-expiry audits, we remain your trusted partner to ensure success.