Best Value: Preparing for PFI Transition and what happens if there is a failure?
Our expert speakers considered how prepared local authorities are or should be in relation to their PFI exit strategy.
The session covered the following topics:
- the Best Value Duty under the Local Government Act 1999 and the draft Guidance
- how can a local authority best positions itself to secure “continuous improvement” in their approach to existing PFI contracts
- does this comply with Good Governance?
- what to look for in your PFI Contracts in terms of expiry and transition
- default and compensation provisions in a PFI Contract
- tips for Project Planning and preparing exit strategies.
Our specialist local government advice is cost-effective and strategic, complemented by practical knowledge of your daily challenges. Capsticks aims to be the firm of choice for organisations working within the local government sector, offering a full range of services including advising on governance, vires and constitutions, applying for and delivering large regeneration projects, updating constitutional documents, refresher procurement training and support in preparing for an upcoming employment tribunal.
For any queries on how the above may affect your local authority, please contact Tiffany Cloynes, Becky Gilbert or Stephen Tainsh.
