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.
Learn More
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.
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.
Read more about Public Sector contract expiry and transition
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
