Following our previous briefing, March 2025 saw the keenly anticipated release from the Infrastructure and Projects Authority (IPA) of its PFI Asset Condition Playbook, intended by the IPA to form a key piece in its suite of guidance materials for PFI handback and expiry. Whilst higher education projects are not strictly PFI projects, the IPA’s guidance could be relevant to the sector as many higher education projects follow a PFI contract model. Expert Nick Helm unpicks the latest detail here.
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