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Contract Expiry and Transition

Many Private Finance Initiative (PFI) and Public Private Partnership (PPP) projects in the UK are nearing contract expiry. These assets will need to handback to the public sector in good condition, with plans established for the provision of services thereafter. Managing contract expiry and transition to the new arrangements needs the right inputs and a focus on what really matters to the stakeholders.

Contract expiry and transition starts well before the handback date. Each party has a role to play throughout that period. Our highly experienced project managers can support all aspects of this process to help you plan the most effective handback of assets. Through open dialogue and collaboration between the parties, we ensure contractual obligations are met, whilst planning for the transition to the future management of the asset.

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Find out how the Vercity team can support you with contract expiry and transition:

PFI & PPP contract expiry and transition

As one of the largest Management Service Providers in the UK, Vercity can assist Special Purpose Vehicles in delivering their obligations and achieving successful contract expiry.

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Public Sector contract expiry and transition

With expertise in securing robust value for money contracts across sectors, Vercity’s services and asset experts can help procure, mobilise and manage contract expiry and transition to a new arrangement.

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Facilities Management Contract Expiry and Transition

Vercity experts provide support on both Hard and Soft services through the expiry of PFI and in mobilising and delivering new contracts for service provision.

Read more about Facilities Management Contract Expiry and Transition

Contract Expiry is the Activity Mid Point

In the years approaching the contract expiry and transition to the new arrangements for the asset, the public sector must take more action and more responsibility for it.

The handback of the asset at the expiry date is not the beginning of the process, but the mid-point.

Similarly the expiry date does not signal a sudden end to the Project Company role, but an evolution to a new phase.

Case Studies

Related case studies are available here to view, showcasing examples of Vercity’s experience in this area and the key learnings for those facing similar situations

Pinderfields and Pontefract Hospital Services Handover

British Transport Police Project Expiry

St Bartholomew’s Hospital

St Bartholomew’s and Royal London Hospitals Services Handover

Tendring Schools Project Expiry

Merton School Services Handover

Old War Office Handover

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