Contract management skills warning for PFI specialists_3
18 July 2012
Public and private-sector contract managers, including purchasers, are entering uncharted waters as they get to grips with maintaining private finance initiative (PFI) contracts of up to 30 years.
Many of the first deals are entering the maintenance stage and contract management skills will be essential to deliver savings to councils, services to the public and profits for building companies, David Finlay, head of PFI at the National Audit Office (NAO), told delegates at a public-private partnerships conference in London.
“It will be a big challenge to...