Public private partnerships (PPPs) and public finance initiatives (PFIs) transactions have become a common approach in recent years, helping to facilitate new infrastructure and service improvements in the public sector and across a variety of industries. We have been involved in numerous PPP projects since the beginning of the concept and we have extensive experience of operating in the many related structures that preceded and continue to operate alongside PPPs including DBOs, BOTs and DBFMs.
Whether you are a funder, insurer, investor, developer, contractor, local or national authorities or consultant, we have the expertise and innovation to ensure you are well placed to share risk, secure revenue and resolve disputes.
Why Choose Us
From identifying risk to agreeing terms and conditions we can devise and negotiate agreements that focus on delivery and reward. Our advice can help you develop the best contractual framework according to industry standards and the demands of your sectors.
PPP Expertise
PPP/PFI is one of our principal areas of expertise. Throughout its history, the practice has advised on traditional infrastructure projects for governments and PPPs. Our European team is a leading player in the expanding PFI/PPP market, having worked on numerous projects in the UK and across Eastern Europe – several of which have been groundbreaking projects.
Our team advises on all aspects of PPP/PFI transactions and contains individuals with significant experience in a number of key sectors, including healthcare, social housing, education and transport. At the forefront of legal developments in these areas, we have consolidated our position as a leading practice in the field.
We also advise project sponsors or awarding authorities and, in this sense, we are perceived as a practice genuinely focused on PFI/PPP. The team also has a successful track record of advising on the funding of projects, acting for both lenders and borrowers.
An Individual Approach to PPPs
There is a broad spectrum of possible structures for these partnerships, but the objective of all of them is to utilize the technical knowledge, economies of scale and financial resources of the private sector to construct, maintain and operate such systems. Our lawyers have substantial experience in analyzing and implementing PPPs, new construction, concession mandates and management contracts.
We do not treat PPPs as projects. Instead, we treat them as lasting businesses that require long-term attention throughout their lifecycle. In particular, we focus our expertise on variations, refinancing, market testing and other operational activities, and deal with secondary investments in projects by investors, investment funds and or pension funds, enabling us to stand alongside our clients throughout the PPP lifecycle.