QFM - FM Solutions for PFI/PPP

PFI/PPP (Private Finance Initiative/ Public Private Partnership) has fast become a prominent alternative to public financed projects and at present there are over 500 operational PFI projects in the United Kingdom with a combined capital value of over £44 billion. PFI contracts by their very nature are both specialised and complex, particularly in the area of performance management, whereby the Service Provider takes on long-term operational risks under a detailed performance-based payment agreement. SWG has developed a software architecture for these contracts and over 10% of all PFI projects have employed our market-leading solution to manage this vital component of the initiative.

PFI/PPP Benefits Summary:

  • Bidding: Provides testing of operational scenarios during the bid phase leading to more accurate financial modelling and more competitive and informed offers
  • Financial: Provides early identification of potentially costly service failures, allowing earlier opportunities for management intervention so that remedial action can be taken before failure occurs
  • Client Led: Facilitates flexible reporting of the payment mechanism, with pinpoint or trend analysis of availability, performance, quality and service failures
  • Management: Enables elimination of non productive management time capturing performance failures, applying weightings and penalty calculations, enabling proactive management of service delivery
  • Performance: Generates the ability to have a higher degree of general management intervention on a daily basis which can be used to drive performance at contract and site level
  • Contractors: Gives visibility to contractors enabling them to prioritise and effectively apply resource to improve performance

  • Partnership: Strengthens client relationships and delivers confidence through consistent, auditable and transparent management of data, ensuring improved issue resolution and contract growth

PFI Contracts Managed Using QFM Include:

  • Glasgow Schools (Amey Business Services) - case study
  • South Australian Police & Courts (Plenary Group) - case study
  • Bournemouth Library - case study
  • Edinburgh Schools (Amey Business Services)
  • Mater Hospital, Newcastle (Compass Group)
  • Southern Cross Station (Honeywell)
  • Casey Hospital (Brookfield Multiplex)
  • Perth Courts (Brookfield Multiplex)