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FM fits the PFI picture

By: Series: Premises and Facilities Management ; July 2004, 25-26(2)Publication details: 2004Subject(s): Summary: Explains the role of the facilities management contractor in the PFI/PPP process. Notes how PFI/PPP has become a highly competitive market with both the private and public sectors having established affordability benchmarks. Gives a diagram of the traditional contract structure that has evolved over the last five to seven years. Argues that the opportunities and skills of FM professionals are not being fully realised in various ranges of roles within the PFI process. These include the existing FM contract services provider and FM technical advisor to the procuring authority. Better management of operational risk from the FM could improve the current PFI process; with examples including price sensitivity and analysis relating to inflation.
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Journal article London Journal article ABS68029 (Browse shelf(Opens below)) 1 Available 126985-1001

Explains the role of the facilities management contractor in the PFI/PPP process. Notes how PFI/PPP has become a highly competitive market with both the private and public sectors having established affordability benchmarks. Gives a diagram of the traditional contract structure that has evolved over the last five to seven years. Argues that the opportunities and skills of FM professionals are not being fully realised in various ranges of roles within the PFI process. These include the existing FM contract services provider and FM technical advisor to the procuring authority. Better management of operational risk from the FM could improve the current PFI process; with examples including price sensitivity and analysis relating to inflation.