SCHOOL OF BUSINESS
A N D I N D U S T R I A L
M A N A G E M E N T
The Private Finance Initiative has generated a vast amount of interest, activity - and confusion. It has been
criticised for increased cost of tenders, delay of projects and unnecessary risk to the contractor.
There has been ;in irreversible culture change whereby the supply of services has switched from the public to the
prij.ate sector. >tan). opportunities are available to the Scottish construction indust? under the Priixte Finance
Initiati\.e. The public sector is no\v a n x - e that private finance can. in man). instances. increxsc efficiency and
productivity o f projects. providing access to management skills and necessay funding. 'I'his has resulted in the
le\rlopment o f projects \\.hich if publicly funded. might not have been implemcntcd.
Pi
on'cve r, t he ( o\,ernme n t s c o m m i tmcn t to review, t he m arkc t- tes t i ng ;i nd t tic p roc u rc me n t 13roccss of pro j CC ts
suitable for private financing and its decision t o make all public sector c:ipit:il schcmcs c.ompulsoF. hiis pro\,idcd
the construction incfuhtn Lvith ncn' opportunities.
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'1liis confercncc nil1 hc of' interest t o an!. cornpan!. in\.oI\.cd i n design, I,uiItIing o r opcr;i[ing. including:
contr;tctors: projcct managers: consultants: business development managers: Icg;i1 xlvisors: procurcmcnt officers
;inc l fi n ;inci:il t l i rcct()rs.
08.45
09.30
14.15
Registration and coffee
CHAIRMAN'S INTRODUCTION
Len Bunton
Speakcr.
MANAGING THE PFI PROCESS
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Main Board Director
Beard Dove Limited
Thc brief
'l'lic 1n f( irii1;ition package
O u t p u r > versus design
l'imc>cale>
Case histor) - Law NHS Trust
Speaker:
Managing Director
MPM Adams Ltd
ROLE OF THE PRIVATE FINANCE UNIT
09.45
David Crawley
Speaker:
14.45
Head
Private Finance Unit
Scottish Ofice
0 Allocaring risk between public and private sectors
0 Implications for funding
Speaker:
Bill Moyes
Speaker:
PUBLIC SECTOR PROJECT SPONSOR: CASE STUDY
0 \\'hat makes NHS PFI projects different?
0 Trust/Consortia relationships
0 Contract partners
0 Contract structures
0 Public versus private funding comparison
0 Legal issues relating to NHS PFI projects
RISK TRANSFER AND PAYMENT MECHANISMS
10.30
John Owens
Chief Executive
Royal Infirmary of Edinburgh NHS Trust
Infrastructure Unit
British Linen Bank Limited
11.15
David Adams
15.15
Tea
15.30
FINANCING NEED
0 Who lends?
Morning coffee
1 1.30
CONTRACTORS VIEW
0 Why contractors are interested in PFI
0 The skills needed by the contractor
0 Sharing the risk
0 Getting commitmenr
Speaker:
0 The benefits the contractor brings
0 The practical problems of PFI
Director
BZvC
Mike Collard
Speaker:
Head of Corporate Development
Sir Hoben McAlpinc Ltd
16.00 THE LEGAL FRAMEWORK
0 The structure
0 Relevant areas of law
0 A review of some of the legal issues which arise including:- design liability
12.30 HIGHLAND SEWERAGE PRIVATE FINANCE INITIATIVE
0 Procurement procedures
0 Risk allocation
0 Managing the tendering process
Speaker:
-
insurable risks
- change mechanisms
George Rennie
0 H o w will the legal framework develop?
Regional Associate
Mott MacDonald (Scotland)
Speakcr:
James Arnoit
Partner
MacRohcrts Solicitors
13.00 QUESTIONS AND DISCUSSION
13.15
Brian Marshall
16.30
PANEL SESSION
17.00 Close of proceedings
Lunch
THE PRIVATE FINANCE INITIATIVE
I Conference information
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1 DATE:
I Thursday 26th September 1996
Thursday 26th September 1996
Please return to: School of
Business and Industrial Management
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Address
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Tel: 0131 225 1501 F a . O i j l 226 3936
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