Infrastructure procurement: frameworks and risks
This section explores infrastructure procurement models, discusses their inherent characteristics and identifies how risk is managed in the procurement process. The aim is to provide readers with a clear understanding of how these models operate, transfer risk and deliver essential infrastructure investment that benefits all in society.
These models are designed to harness the private sector investment and expertise required to deliver and manage infrastructure development. This section provides an overview of the relevant procurement frameworks, including PF2 and the new regional infrastructure procurement models, together with a lessons learned section on the risks and failings of PFI.
Generic infrastructure procurement models covered include delivery consortia, development partners, alliancing and frameworks. Issues surrounding private infrastructure investment and key risks are discussed, to explain the role of the private sector in the funding and delivery of infrastructure projects. Frameworks specific to Scotland, Wales, and Northern Ireland are also covered.
This section is maintained by Sharon McClements.