Processes & Guidance
The UK Government has issued a number of technical notes and guidance documents relating to PFIs and associated processes. This section also contains a range of material from Australia, produced by Partnerships Victoria.
(Please note: links on this page will open the page in a new browser window)
A Guide to Contract Management for PFI and PPP Projects (PDF) 4Ps, 2007 A guide for local authorities, their partners and stakeholders which identifies key aspects of putting together a good contract management team and building a successful long term relationship with the service provider. UK
UK Treasury Guidance
Operational Task Force Note 2: Project Transition Guidance (PDF) HM Treasury, 2007 The Stationery Office This HM Treasury guidance document aims to support public sector contract managers in overseeing the transition of a PFI project from procurement to operation. It is generic in nature, so as to cover a broad range of products as follows: pre-contract award, setting up contract monitoring and management, and communications and relationships. 978-1-84532-294-6 UK
How to manage the delivery of long term PFI contracts (PDF) Treasury Taskforce , 2007 This Government paper, the sixth in the series provides practical guidance on keynote technical issues which arise from the private finance initiative. UK
Standardisation of PFI Contracts (Version 4) (PDF) HM Treasury, 2007 This Government paper (4th Version) was published in March 2006 to update the guidance to take into account new legislation and developments in the PFI market. 978-1-84532-269-4 UK
Value for Money Assessment Guidance (PDF) HM Treasury, 2006 The Stationery Office Replaces VfM Assessment Guidance August 2004. It retains the 3-stage process and the application of a qualitative and quantitative (see guide below) test to be used by procuring authorities but also includes a strengthened test for assessing VfM from soft services in PFI, the process of single bidder procurements and consideration of contract duration caps. ISBN 1 84532 1206 1 UK
Operational Taskforce Note I: Benchmarking and Market Testing Guidance (PDF)
HM Treasury, 2006
The Stationery Office
Value for money quantitative assessment guide (PDF) HM Treasury, 2004 The Stationery Office
This Government paper sets out a new approach to appraising the value for money of investment proposals, to be procured under the public finance initiative (PFI) and replaces the Treasury Taskforce Technical Note 5 for PFI procurement.
UKHM Treasury, 'Procurement Policy Guidelines', Government Accounting 2000 HM Treasury, 2003 Government Accounting 2000 Annex 22.2, section 3 provides an example of competitive neutrality UK
Refinancing of Early PFI Transactions: Code of Conduct (PDF) HM Treasury, 2002 The code of Conduct sets out the basis upon which individual Authorities will approach the refinancing by private sector contractors of early PFI. UK
How to account for PFI Transactions (PDF) Treasury Taskforce, 1999
First Note in a series of Papers issued by the Treasury Taskforce providing practical guidance on key technical issues arising from the implementation of the Private Finance Initiative.
UKHow to follow EC procurement procedure and advertise in the OJEC (PDF) Treasury Taskforce, 1999
This note is the second published in a series of papers issued by the Treasury Taskforce providing practical guidance on key technical issues on Private Finance Initiative.
UKHow to appoint and manage advisers to PFI projects (PDF) Treasury Taskforce, 1999
This note is the third in the series issued by the Taskforce providing practical guidance on key technical issues.
UKHow to appoint and work with a preferred bidder (PDF) Treasury Taskforce, 1999
This note is the 4th published in a series of papers issued by the Treasury Taskforce providing practical guidance on key technical issues on Private Finance Initiative. The Note is designed to assist public sector procurers to choose the right moment to enter into negotiations.
UKHow to achieve design quality in PFI projects (Web Page) Treasury Taskforce, 1999
Note 7 in the series providing practical guidance arising from the implementation Of the Private Finance Initiative.
UKHow to construct a public sector comparator Treasury Taskforce, 1999
Technical Note 5 in the series. Now superseded by the Treasury's, Value for Money guidance.
UKPartnerships Victoria Guidance
List of Resources:
Gateway Review Process: Background and Guidelines (PDF) Department of Treasury and Finance, Victoria, 2003
The Gateway Review process is part of a broader Gateway Initiative endorsed by the Victorian Government in March 2003.
AustraliaInfrastructure Management and Financing in New South Wales NSW Public Accounts Committee, 1994 Report No. 80, Parliament of New South Wales, Sydney Australia
Lease Now - Pay Later? The Leasing of Office and Other Equipment (PDF)
Auditor General, Western Australia, 1999
Public Sector Comparator: Supplementary Technical Note (PDF) Partnerships Victoria, 2003 Department of Treasury and Finance
The Technical Note provides additional guidance on preparing and using PSCs.
Australia
Public Sector Comparator: Technical Note (PDF)
Partnerships Victoria, 2001
Department of Treasury and Finance
Guidance Note
Risk Allocation and Contractual Issues (PDF)
Partnerships Victoria, 2001
Guidance Note
Use of Discount Rates in the Partnerships Victoria Process: Technical Note (PDF) Partnerships Victoria, 2003 Victoria Department of Treasury and Finance
This Technical note provides a specific guidance on calculating and using discount rates in undertaking DCF analysis for constructing a public sector comparator and evaluating bids.
Australia