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Private finance initiative (PFI)
- PFI guidance
- New standard preliminary invitation to negotiate (PITN)
- New standard prequalification questionnaire
- New standard output specifications
- Standard contract
- Land and buildings in PFI schemes
- Design development protocol for PFI schemes
- Generic economic model PFI schemes
- Learning lessons from postproject evaluation
- Improving PFI procurement
- Changes to Treasury Green Book
- Investment in IM&T in the NHS
- Social Care PFI Initiative
- New hospital schemes
- Investment Guidance RouteMap
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The investment life-cycle
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Last modified date:16 February 2007
There are well defined stages in the life-cycle of an investment beginning with strategic planning and ending with realising the benefits. Users of the RouteMap can access guidance according to the stage that applies. Further guidance specific to LIFT, IM&T and ProCure21 can be accessed through the relevant specialist area.
Strategy and planning
Users seeking assistance in developing their business strategies and objectives for strategic, outline and full business cases should reference guidance included in this section, where direct links to relevant websites are provided. Guidance on IM&T and LIFT strategies is available in the relevant specialist area.
Outline business case (OBC)
This section should be read in conjunction with the information on strategy & planning, and procurement.
The principal guidance relating to business case composition in health build schemes is still the Capital Investment Manual. Whilst this has not been updated since it was published in 1994, new guidance has been produced since and where this supersedes elements of CIM it is identified within this and the FBC section.
Procurement
The guidance available in this section should be considered at the time of writing an OBC to ensure that the proposed procurement route can deliver value for money. Information on LIFT, ProCure21 or IM&T is available through the relevant specialist area.
Aspects of procurement covered in this section include EU rules, preferred bidder selection and the PFI standard form of contract with updates.
Full business case (FBC)
In addition to demonstrating the business need, the value for money and affordability of the preferred option, the FBC should include plans for project management, monitoring and post-project evaluation/benefits realisation.
The guidance in this section is relevant to both conventionally funded and PFI schemes. Users seeking information on LIFT, Procure21, and IM&T schemes should access this through the relevant specialist area .
Implementation
Covering management, staffing, refinancing, service failure, equipment, governance and the OGC Gateway Review.
Post-project evaluation and benefits management
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