Infrastructure and Projects Authority issues guide on PFI Expiry Health Checks
The Infrastructure and Projects Authority (IPA) has published a guide for contracting authorities preparing for a PFI Expiry Health Check (EHC) undertaken by the Authority.
The guide covers:
- EHC objectives
- What is an EHC?
- When are EHCs undertaken?
- When will I be notified of an EHC?
- What is the EHC process?
- What information is requested?
- What happens after an EHC?
- What if the EHC results in a Red or Red/Amber rating?
- Summary
The IPA said the EHC process is intended to provide a contracting authority with:
- An expert and structured review of its preparedness for expiry.
- Clear recommendations of actions to improve their readiness for expiry and reduce the associated risk.
- A route to further IPA support where this would be beneficial and available.
The IPA also collates the outputs from EHC to:
- Identify common themes and trends across the portfolio with the analysis being incorporated into its PFI Expiry Health Check Learning Report.
- Update Ministers and senior officials of the status of projects in the expiry phase and the key risks and issues.
- Inform the wider PFI Contract Management Programme to ensure lessons are incorporated into future project support initiatives by the IPA and sponsoring departments.
The guide can be viewed here.