Document Status
Current
Supplement
Construction Management Supplement
Abstract
Provides guidance on the insurance premium risk sharing mechanism in PFI projects to improve the efficiency and quality of the Insurance Premium Risk Sharing Schedule (IPRSS) exercises.
History
Last updated: 11 August 2026 - Existing content retained but document rebranded.
Document type: guidance.
First published: 10 March 2025.
Subjects
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Legal issues and management
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Tendering
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Private Finance Initiative
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Insurance
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.