Public Sector - Key Considerations
Public Sector - Key Considerations
A successful survey process is essential to PFI expiry.
The condition in which the building or asset is handed back will significantly affect the future liabilities of public sector organisations.
Understanding the existing contract and any known issues is the starting point. The Playbook is intended to build on, not displace, existing handback provisions and should be tailored for each project to provide the optimal outcome. The Public Sector Implementation Guidance provides further detail on these issues.
Active management of the survey and remedial works process is needed to prevent works being incomplete on expiry.