Preparing for Project Expiry in the Higher Education sector

The Infrastructure and Projects Authority has recently issued guidance to contracting authorities on how to prepare for and manage expiry of Private Finance Initiative projects.  The IPA estimates that it takes seven years on average to get a PFI contract ready for expiry.  Whilst HE sector projects are not strictly PFI projects and the IPA guidance does not directly apply to the sector, many HE projects have followed a PFI model.  One of our projects experts Mark Hanlon considers the guidance in more detail here.

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