PFI Reviews & PFI Health-checks
P2G have completed PFI Reviews on more than 20 PFI schemes. Each review examines compliance, savings potential, and provides a list of recommendations against each.
Compliance
Each review includes an analysis of actual performance delivery against contract requirements. This encompasses the standard of the services being delivered; monitoring by Project Co and its subcontractors; and reporting. It also includes compliance against contract provisions for periodic processes such as insurance gainshare and energy gainshare, as well as the variations process (particularly in respect of pricing) and invoicing (including indexation, variable charges, and damage claims). We also examine the Authority’s own monitoring and oversight.
Savings
We examine whether there is scope for the Authority to make savings. Typically, areas examined include:
Each report provides practical recommendations for action. As a result, our report generally serves as a project plan to enable each Authority to optimise performance and to achieve value for money.
Compliance
Each review includes an analysis of actual performance delivery against contract requirements. This encompasses the standard of the services being delivered; monitoring by Project Co and its subcontractors; and reporting. It also includes compliance against contract provisions for periodic processes such as insurance gainshare and energy gainshare, as well as the variations process (particularly in respect of pricing) and invoicing (including indexation, variable charges, and damage claims). We also examine the Authority’s own monitoring and oversight.
Savings
We examine whether there is scope for the Authority to make savings. Typically, areas examined include:
- Energy
- Insurance
- Variations
- De-scoping of Services
- Change in Law
- Lifecycle
- Third-Party Income
- Termination
Each report provides practical recommendations for action. As a result, our report generally serves as a project plan to enable each Authority to optimise performance and to achieve value for money.