UK to retender Birmingham road network PFI
Birmingham Highways Limited (BHL) in the UK is planning to relaunch the tendering process for the road network PFI.
The concession involves the operation and maintenance of 2,500 km of road and 5,000 km of footways, as well as 846 structures, three tunnels, 94,000 street lighting columns, 76,000 highway trees and the city’s traffic control system.
The new PFI contract will be simplified and will have just 28 key performance indicators (KPIs) instead of 600 KPIs proposed in the original tender. The city plans to launch tendering process in February 2022, which will be conducted for nine months. The PFI contractor will provide services from August 2023 to June 2035.
Country updates
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January 18, 2022
Surrey issues PIN notice for extra care housing PPP
The Surrey County Council in the UK has issued a prior information notice (PIN) for the development of extra care housing complexes at four sites located in the county. The scope of works involves th...
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January 10, 2022
John Laing to acquire remaining 50% stake in Brigit investment from Macquarie Capital
John Laing Group has entered into an agreement to acquire the remaining 50% interest in Brigid Investments Limited (Brigid) from Macquarie Capital. Following completion of the transaction, John L...
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January 03, 2022
DIF capital acquires multimillion student housing PPP project in UK
DIF Capital Partners (DIF) announced that it has closed the acquisition of a 90% stake in the Goldsmiths, University of London, student accommodation PPP.
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December 24, 2021
INPP agrees to acquire portfolio of UK PPP investments
International Public Partnerships Limited (INPP) has agreed to acquire a small portfolio of UK PPP investments consisting of initial interests in Townlands Community Hospital in Henley and Eltham Comm...
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December 23, 2021
Financial close achieved for USD153.47 million student housing PPP project in UK
Equitix and EQUANS (a subsidiary of Engie), the concessionaire for the Prichatts Park Student Village, have achieved financial close for the project.
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