PFI contract lifecycle management
Keeping NHS buildings safe by managing private finance initiative (PFI) contracts
Public buildings, including hospitals worth more than £60 billion, are currently maintained by private companies through private finance initiative (PFI) contracts.
PFI contracts typically run for 25 years and it’s vital that safety, compliance and building conditions are properly considered and managed at every stage. As the contract nears its completion it’s important that the transition of ownership is well managed to avoid disputes and problems.
Over the next decade around 200 PFI contracts will end, meaning that the buildings will transfer back to the public sector, which will once again be responsible for all ongoing safety, maintenance, and repairs.
Our expert surveyors provide tailored support throughout the lifecycle of your PFI contract, supporting you to ensure buildings are safe and compliant. We also help you to prepare for taking back your property assets, and the subsequent maintenance and management of these to ensure they remain fit for purpose.
How we work
We survey all works completed by the PFI provider to reassure you, your commissioners and regulators that the premises and associated services are safety compliant and meeting legislative standards.
We will check that your PFI provider has completed all required maintenance, improvements and property replacements, throughout the life of the contract to ensure public safety and prevent financial losses to the NHS Trust.
As you approach the end of your PFI contract, we can work with your team to reduce any associated risks and costs of taking back the property assets from the PFI provider. We estimate this process should begin seven years before the contract ends.
We will provide ongoing property maintenance and management to help you to continue to keep your buildings safe post PFI contract handback.
Following Capita’s survey of a PFI building to identify fire safety and other concerns, we relied on Capita’s advice and expertise in complex discussions with stakeholders and the Fire Authority to ensure the rectification works were adequate and complete.
Neil Priestley, Chief Finance Officer, Sheffield Teaching Hospitals NHS Foundation Trust
Capita has supported us through a difficult, complicated process in achieving fire compliance assurances from the PFI companies. Capita’s dedication, expertise, support and passion has been found at every corner along the journey so far.
Tom Searle, PFI Contract & Performance Manager, East Lancashire Hospitals NHS Trust