Navigating the risks of PFI project distress. Part 4. Contract termination and direct agreements

National Infrastructure and Service Transformation Authority, 2024
Navigating the risks of PFI project distress. Part 4. Contract termination and direct agreements Download document

Document Status

Current

Supplement

Construction Management Supplement

Abstract

Provides guidance advising PFI contract Senior Responsible Owners and contract managers on PFI project distress from identifying when it may be occurring to navigating the legal, commercial, financial and operational risks that project distress brings to business operations. Focuses on contracting termination and direct agreements.

History

Last updated: 11 August 2026 - Existing content retained but document rebranded. Document type: guidance. First published: July 2024.

Subjects

  • Tendering
  • Legal issues and management
  • Private Finance Initiative

Publisher History

The National Infrastructure and Service Transformation Authority (NISTA) combines long-term strategy and best practice project delivery, to support more effective management and delivery across government to result in building effective and efficient infrastructure across the UK. Previously known as the Infrastructure Projects Authority (IPA) and the National Infrastructure Commission (NIC).

Information

NBS

NBS has produced specification systems and information products for construction industry professionals for more than 40 years. The National Building Specification is the recognised UK national standard and is used by over 5,000 organisations. NBS is part of RIBA Enterprises Ltd.

Accuris

We connect trusted knowledge to customers' workflows – mitigating risk, increasing efficiency and accelerating innovation For more than 60 years, leading R&D and engineering-intensive organizations have relied on us to achieve on-time, on-budget delivery of complex projects and new products. We deliver an unparalleled combination of technical content and Artificial Intelligence (AI) technologies to surface answers from the vast universe of technical knowledge, both inside and outside the organization. In a single interface, we connect the dots between information scattered across many different sources, allowing technical professionals to make better, more informed decisions faster.