Built Asset Consultancy

Asset Investment and PFI Solutions

Building Surveying

Asset Investment and PFI Solutions

Many private finance initiatives (PFIs and PF2s) and public private partnerships (PPPs) are now nearing expiry. This is creating a demand from funders, operators, owners and occupiers for counsel from those who understand the assets, the contractual requirements and the varying needs of the stakeholders involved. With extensive cross-sector knowledge, our independent multi-faceted teams have the technical skillsets and contractual and legal expertise to provide unbiased advice and ensure a successful handback process for all parties.

Manage PFI or PPP transitions effectively

Early engagement is essential for the smooth transition of PFI or PPP initiatives to original estate owners. We understand that setting objectives at the earliest opportunity will help navigate a clear pathway through the handback process. Most importantly, it allows time to establish a robust expiry action plan that addresses the challenges ahead and associated risks during this transitional period.

Take action to ensure no liability

Reviewing the original contract is a critical part of the handback process to ensure all performance obligations have been met. Our team can help you assess estates up to seven years in advance to create a comparative and clear positioning, and we will collaborate with facilities management regarding legacy issues before the end of the concession period.

Develop a robust asset life cycle plan

One of the biggest challenges with PFI or PPP contracts is asset maintenance outside of the contract requirements, resulting in potential liabilities which may need to be factored in at handback stage. Our team can assess present liabilities and review these against the original contract and develop a robust, efficient and cost-saving life cycle plan for the asset.

Capture accurate asset data

The condition and life expectancy of the assets are important aspects of a PFI or PPP contract. Using the latest digital technology, we can gather accurate asset condition data and establish the condition required of those assets included in the handback to ensure that contract requirements have been met while leaving time to resolve any disputes.

Value & Impact




Bespoke solutions to reduce emissions

Cambridgeshire County Council (CCC) is committed to become fossil fuel free by 2025 and achieve net zero by 2050 as part of its climate change and environment strategy. RLB was appointed to develop heat decarbonisation plans for 22 council-owned properties across Cambridgeshire, which included corporate offices, children and family centres, libraries and community centres.



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Steven Reynolds
Steven Reynolds

Partner — National Head of Building Surveying