Public private partnership procurement of educational facilities in the UK

This summarizes the findings of recent research into PFI/PPP procurement duration (from 'outset' to 'financial close after construction') for educational facility projects in England, Northern Ireland and Republic of Ireland. The research was carried out using a detailed literature review, semi-structured interviews and a 'self administered' electronic questionnaire. The review examined the development of PFI/PPP and the various stages of the process as well as the contractual relationships. It also investigated key legal issues, barriers to entry/progress, risk categories and risk analysis modelling. Focus was given to educational estates and current PFI/PPP procured projects. Questionnaires were addressed to project managers employed by Education Authorities, Education Authority Advisors, SPVs and SPV Suppliers. Semi-structured interviews were also conducted. Major solutions to the acceleration of procurement included the need for training, standardization and better planning recommendations are made concerning these. The research concludes that although educational PFI/PPP development has been slow it is set to become a more prominent feature on the Capital Investment landscape, requiring much better management by all parties involved.