Constructor's Key Guide to PFI

Constructor's Key Guide to PFI

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'The published guidance on PFI has so far concentrated on addressing the needs of public sector purchasers. The Constructors' Key Guide to PFI is a first. Written by those in the industry, it addresses the questions and concerns of the industry. It is targeted at those who are relatively new to the PFI - particularly those in large to medium sized companies which may become involved in bidding for or delivering projects as more opportunities occur. I am encouraged to see the industry responding to the needs of its members. The guide emphasises the importance of the relationships between designers, constructors, financiers and service operators. This, in turn, should lead to the development of strong partnerships within the public sector to help renew the country's infrastructure for the 21st Century.' Nick Raynsford MP Parliamentary Under-secretary of State Department of the Environment, Transport and the Regions. The Private Finance Initiative is an evolving form of procurement and is now a vital part of the Government's programme. It is a new way of working for companies involved in providing public services. All companies intending to seek construction work over the next few years in the public sector must be aware of how PFI operates and find out how they can benefit from it. The Constructors' Key Guide to PFI is the first, and so far only, published guide that provides a practical, straightforward explanation of PFI and fully describes the entire process of how to obtain construction work in the public sector. It specifically describes the different opportunities PFI presents to different types of company and how construction companies need to find new ways to work with a wide range of consultants and specialist service providers. This valuable guide explains the different roles in which constructors, be they consultants, builders or designers, can be involved in public sector work, and particularly highlights the opportunities that exist for smaller companies looking for sub-contract roles in PFI projects. Aimed at those construction contractors and consultants that do not have an expert knowledge of the complexities of PFI but are big enough to be affected by it, the guide answers some of the questions and concerns in the industry and unravels the current complexities of PFI, to enable more constructors to understand the risk so that they can better capture the rewards. Constructors' Key Guide to PFI shows you how to take advantage of the new challenges and great opportunities that PFI offers.... may not succeed. Design, construction, commissioning and operating risks The response to a client requirement for a service allows the bidding concessionaire to offer a complete solution that may vary considerably from the norm in design, anbsp;...

Title:Constructor's Key Guide to PFI
Author:Construction Industry Council
Publisher:Thomas Telford - 1998-01-01


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