How to take Care of PFI Assets
Is the Education sector ready to take back their PFI Assets? - Phil Bishop, Director of Property, Capita
Over the next decade around 200 PFI contracts will end, meaning that many education buildings will revert back to the public sector, transferring the responsibility for all ongoing safety, maintenance, and repairs.
Educational buildings will need to be returned to the public sector in safe, well-maintained condition from the PFI provider once the contract expires.
The presentation looks at the challenges of contract expiry and what steps schools and academies can take to be assured that adequate lifecycle investment has been applied to school infrastructure by the PFI provider and that property assets are handed back in a compliant standard to avoid financial and health and safety issues in the future for the sector.