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1 Apr 2025
Insight
The PFI Centre of Excellence of the Infrastructure and Projects Authority (IPA) has recently published new guidance on "navigating the risks of PFI project distress." This timely guidance follows Herbert Smith Freehills' recent guidance on "navigating through to the end of legacy PFI projects." While the new IPA guidance is primarily aimed at public sector stakeholders, it also notes that private sector stakeholders may find it beneficial.
This note outlines the four parts of the new IPA guidance, along with other published and future IPA guidance, including an "Asset Condition Playbook" and insurance guidance for PFI projects.
Key contacts
John Whiteoak
Partner, London
James Doe
Partner, Head of Construction and Infrastructure Disputes, London, Kazakhstan Group, Central Asia Group and Africa Group
Matthew Job
Partner, London and Ukraine Group
Kevin Pullen
Partner, London
Gavin Williams
Partner, Head of Infrastructure Sector, London
Alec Milne
Senior Associate (Canada), London
Xavier Milne
Senior Associate (Australia), London and Africa Group
Owen Roberts
Senior Associate, London
Legal Notice
The contents of this publication are for reference purposes only and may not be current as at the date of accessing this publication. They do not constitute legal advice and should not be relied upon as such. Specific legal advice about your specific circumstances should always be sought separately before taking any action based on this publication.
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