This Practice Note considers the Building Schools for the Future government scheme the current Priority School Building Programme. It also looks at the construction...
This Practice Note looks at the change protocol (also known as the change mechanism) typically found in the Project Agreement relating to a PFI or PF2 (sometimes referred...
This Practice Note examines the Compensation Event and Relief Event regimes under the Project Agreement in relation to a PFI or PF2 project. It looks at the features of...
This Practice Note considers the purpose of a direct agreement specifically in the context of a PFI or PF2 project. It looks at the different direct agreements that will...
This Practice Note examines equivalent project relief (EPR) in PFI and PF2 projects. It considers the purpose of such clauses, the anatomy of an EPR clause and looks at...
This Practice Note is a guide to insolvency in PFI/PF2 projects. The aim of this Practice Note is to provide restructuring and insolvency practitioners with an overview...
This Practice Note provides a broad introduction to the Private Finance Initiative (PFI). It looks at what PFI is, the structure of a typical PFI project and its key...
This Practice Note sets out an introduction to some of the most common agreements and documents within a PFI/PF2 project. The particular documents used will depend upon...
This Practice Note looks at the key parties typically involved in a PFI or PF2 project. It considers the roles of parties in the public sector, of private sector...
This Practice Note looks at parallel loan agreements in PFI and PF2 projects. It considers the background to such agreements (arising out of the Housing Grants,...
This Practice Note examines the Construction Sub-contract between Project Co and the Construction Sub-contractor (also referred to as the Construction Contractor) in the...
AbandonDescribes a situation where the contractor stops carrying out the works for a prolonged and consecutive period of days (for example 20 business days) or for a...
Produced in partnership with Foot Anstey LLP, revised in partnership with CMS This Practice Note looks at the standardisation of contracts in relation to PFI and PF2, and...
This Practice Note explains how a PFI or PF2 project can be terminated. It also looks at the consequences of termination, the risks associated with termination and...