Private Finance Initiative and Public Private Partnerships

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Get expert guidance on PFI set up, management, amendments, expiry and follow-on arrangements.

As the end of your private finance initiative (PFI) approaches, it’s crucial to understand the importance of managing it appropriately. Effective management in the final stages can bring significant benefits for your organisation, but it's also a challenge. Understanding the intricacies can help you deliver:

Financial stability

Stakeholder trust

Asset optimisation

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Public sector

PFI has been a key model for delivery of the UK’s critical infrastructure and wider supporting asset-base. Managing expiry and future provision is an important part of the public sector’s future strategic and financial planning for service delivery.

You can also get insight and guidance from our teams across the following areas of the public sector:

Healthcare

Health keenly used PFIs to deliver hospitals and local assets such as GP surgeries, but given the current pressures on the NHS, it's vital that the organisation understands the implications of exit and future delivery related to these assets.

Real estate

While PFI adopts a standard contractual structure across many projects, it's important to consider the particulars for real estate: asset condition, residual value, and how we invest in assets beyond PFIs – with an ever-increasing focus on sustainability and de-carbonisation.

Education

PFI transformed the schools’ estate in many areas, so it's key that local authorities have a deep understanding of the assets they will re-inherit at expiry and the investment required to ensure schools are fit for purpose looking forward.

Related insights

To help you succeed, we've created guides to the key challenges across the market that explain the steps you can take to overcome them. You'll also find insight on the current PFI market and trends identified by the Infrastructure and Projects Authority (IPA).

Why Grant Thornton?

We take a pragmatic and collaborative approach to helping you prepare for your PFI or PPP expiry. Our dedicated team has decades of invaluable experience collaborating with contracting authorities throughout the entire lifespan of their PFI projects. This deep understanding of the unique challenges in every stage of a project enables us to provide expert guidance and support every step of the way.