Code of conduct for operational PFI/PPP contracts
The code sets out the basis on which public sector bodies and their PPP partners agree to identify and make savings in operational PFI and PPP contracts.
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The government has announced that it will no longer use PF2, the current model of Private Finance Initiative (PFI) for new government projects. Existing PFI and PF2 contracts will not end because of this announcement.
The voluntary code of conduct sets out the basis on which public and private sector partners agree to work together to make savings in operational Public Private Partnership (PPP) contracts. The code applies to all PPP that signatories are parties to, such as Private Finance Initiative (PFI) contracts, PF2 and other variants of PPP contracts.
The code sets out commitments from both public and private sector parties on constructive engagement, flexibility and improving operational efficiency. These commitments will support an overall improvement in contract management relationships and behaviours and the creation of a more effective working environment between customers and suppliers. This will help the public and private sectors work together on existing contracts for schools, hospitals and many other public infrastructure projects.
The launch of the code forms part of the government’s wider work on reducing the cost of PFI deals under the Operational Savings programme, which has already achieved savings of over £1.5 billion. It has been developed with the support and engagement of relevant trade bodies and a cross-section of lenders, investors, construction contractors and facilities management providers. All parties to PPP contracts should be able to sign up to these commitments which reflect best practice in the sector.
To sign up to the code please contact osp@hmtreasury.gsi.gov.uk
List of signatories
Avantage (Cheshire) Limited
Academy Services (Norwich) Limited
Academy Services (Oldham) Limited
Academy Services (Sheffield) Limited
Amber Infrastructure
Amey
Anchor
Arden Partnership (Derby) Limited
Arden Partnership (Leicester) Limited
Arden Partnership (Lincolnshire) Limited
ASK (Greenwich) Limited
Aviation Training International Limited
Aviva Commercial Finance
Avon and Somerset Constabulary
Avon and Wiltshire Mental Health Partnership NHS Trust
Avon Fire & Rescue Service
Balfour Beatty Investments
BAM PPP UK Ltd
BAM PPP – Bromsgrove Schools SPV Limited
BAM PPP – Camden BSF SPV Limited
BAM PPP – Camden School Projects Limited
BAM PPP – Cheshire SPV Limited
BAM PPP – Cumnock SPV Limited
BAM PPP – Derby SPV Limited
BAM PPP – Futures for Somerset Limited
BAM PPP – Peacehaven Schools Limited
BAM PPP – Solihull BSF Schools Limited
BAM PPP – Somerset Schools 1 Limited
BAM PPP – West Dunbartonshire Schools Limited
BAM PPP – Wharfedale SPV Limited
Barclays Bank PLC
Barclays Infrastructure Funds Management Limited (BIFM)
Barking, Havering & Redbridge University Hospitals NHS Trust
Barnsley Metropolitan Borough Council
Barnsley SPV One Limited
Barnsley SPV Two Limited
Barnsley SPV Three Limited
Barts Health NHS Trust
Bellrock Property and Facilities Management
Bilfinger PPP Facility Management Ltd
Birmingham City Council
Blue3 (Gloucestershire Fire) Limited
Bootle Accommodation Partnership Limited
Bouygues (U.K.) Limited
Bouygues Energies & Services
Brentwood Healthcare Partnership Limited
Bridgend Custodial Services Ltd
Buckinghamshire Healthcare NHS Trust
Bury, Tameside and Glossop CS (1) Limited
Bury, Tameside and Glossop CS (2) Limited
Bury, Tameside and Glossop (Developments) Limited
Cabinet Office
Cambridgeshire County Council
Canmore Partnership Limited
Carillion Private Finance Ltd
Central Blackpool PCC Limited
Central Manchester University Hospitals NHS Foundation Trust
Cheshire East Council
Cheshire West and Chester
Children’s Ark Partnerships Limited
CIPFA
Cofely UK
Community Health Partnerships Ltd
Co-operative Bank plc
Cornwall Council
Costain Group PLC
County Durham and Darlington NHS Foundation Trust
Coventry City Council
Dartford & Gravesham NHS Trust
Department for Business, Innovation and Skills
Department for Communities and Local Government
Department for Culture, Media and Sport
Department for Education
Department for Environment, Food and Rural Affairs
Department for International Development
Department for Transport
Department for Work and Pensions
Department of Energy and Climate Change
Department of Health
Derbyshire Constabulary – The Police and Crime Commissioner for Derbyshire
DIF Management UK Limited
Dorset Fire and Rescue Service
Driver & Vehicle Licensing Agency (DVLA)
Dudley Group NHS Foundation Trust
Dyfed Powys Police
Ealing Schools Partnerships Limited
East Riding of Yorkshire Council
East Sussex County Council
Education Support (Enfield 2) Limited
Education Support (Enfield) Limited
Ensign Highways Ltd
Equitix Group
Eric Wright Group Limited
Essex County Council
Falcon Support Services Limited
FES FM Limited
Foreign and Commonwealth Office
Foreland Shipping Ltd
Forth Holdings Limited
G4S Care and Justice Services (UK) Limited
G4S Facilities Management (UK) Limited
G4S Integrated Services (UK) Limited (Cheltenham contract only)
G4S Regional Management (UK&I) Limited
Galliford Try plc
Gateshead Council
gbpartnerships
Giles Insurance Brokers Limited
Gloucestershire Constabulary
Gloucestershire Fire and Rescue Service
Great Western Hospitals NHS Foundation Trust
Greater Manchester Fire and Rescue Service
GRT Nottingham LIFT Project Company (No 1) Limited
GRT Nottingham LIFT Project Company (No 2) Limited
Hadfield Healthcare Partnerships Limited
Hampshire County Council
HCP
HDM Schools Solutions Limited
Health and Safety Executive
Hertfordshire County Council
HM Revenue & Customs
HM Treasury
HOCHTIEF PPP Solutions (UK) Ltd
Home Office
HSBC Bank plc
HSTF
Hull and East Yorkshire Hospitals NHS Trust
Information Resources (Bournemouth) Limited
InfraRed Capital Partners
Innisfree
Interserve
Island Roads Services Ltd
ISS Mediclean Limited
JLIF
John Laing Investments Ltd and subsidiaries
Kajima Darlington Schools Limited
Kajima Haverstock Limited
Kajima Newcastle Libraries Limited
Kajima North Tyneside Limited
Kajima Partnerships Limited
Kelda Water Services Limited
Kent and East Sussex Weald Hospital Limited
Kent County Council
Kier Construction Central
Kier Project Investment
Kingston Hospital NHS Foundation Trust
Kirklees Council
Kirklees Schools Services Limited
Knowsley Metropolitan Borough Council
Laing O’Rourke
Lancashire Combined Fire Authority
Lancashire County Council
Leeds City Council
Leicester LIFT Project Company (No 1) Limited
Leicester LIFT Project Company (No 2) Limited
Lend Lease Facilities Management (EMEA) Ltd
Lewisham and Greenwich NHS Trust
Lloyds Banking Group plc
Local Government Association
Local Partnerships
London Borough of Barnet
London Borough of Bexley
London Borough of Brent
London Borough of Camden
London Borough of Ealing
London Borough of Lewisham
London Borough of Merton
London Borough of Newham
London Borough of Richmond upon Thames
London Borough of Waltham Forest
London Fire Brigade
Maidstone and Tunbridge Wells NHS Trust
Manchester City Council
Manchester, Salford and Trafford LIFT Project Company (No 1) Limited
Manchester, Salford and Trafford LIFT Project Company (No 2) Limited
Mayor’s Office for Policing And Crime
Merseyside Fire & Rescue Authority
Miller Construction (UK) Limited
Ministry of Defence
Ministry of Justice
MITIE Group PLC
Morgan Sindall Investments Limited
Nationwide Building Society
Newham Learning Partnership (Project Co) Ltd
NHS Property Services Ltd
Norddeutsche Landesbank Girozentrale (London Branch)
Norfolk County Council
North Bristol NHS Trust
North Nottinghamshire LIFT Project Company (No 1) Limited
Northamptonshire Healthcare NHS Foundation Trust
Northern Devon Healthcare NHS Trust
Northumberland Fire & Rescue Service
Northumberland, Tyne and Wear NHS Foundation Trust
Nottinghamshire County Council
Office of the Police and Crime Commissioner for Cleveland
Office of the Police and Crime Commissioner for Norfolk
Office of the Police and Crime Commissioner for Suffolk
Office of the Police and Crime Commissioner Greater Manchester
Office of the Police Commissioner for Gloucestershire
Office of the Police and Crime Commissioner for West Yorkshire
Oxleas NHS Foundation Trust
P2G LLP
Pario Limited
Pendleton Together Operating Company
Pinnacle Regeneration Group Ltd
Plymouth City Council
Portsmouth City Council
Road Link (A69) Ltd
Rochdale Borough Council
Royal Borough of Greenwich
Royal Liverpool and Broadgreen University Hospitals NHS Trust
Salford City Council
Salford Royal NHS Foundation Trust
Salisbury NHS Foundation Trust
Sandwell LIFT Project Company (No 1) Limited
Sandwell LIFT Project Company (No 2) Limited
Sandwell LIFT Project Company (No 3) Limited
Sandwell Metropolitan Borough Council
Semperian PPP Investment Partners
Serco Limited
Sherwood Forest Hospitals NHS Foundation Trust
Silbury Housing Ltd
Sir Robert McAlpine Capital Ventures Limited
Sir Robert McAlpine Limited
Skanska Infrastructure Investment UK Ltd
Slough Borough Council
SMBCE: Sumitomo Mitsui Banking Corporation Europe Limited
Sodexo
South Tyne and Wear Waste Management Partnership
South Tyneside Council
Southampton City Council
Southern Derbyshire LIFT Project Company (No 1) Limited
Southern Derbyshire LIFT Project Company (No 2) Limited
St Helens & Knowsley Hospitals NHS Trust
Staffordshire County Council
Stoke on Trent and Staffordshire Fire and Rescue Authority
Stoke on Trent City Council
Suffolk Fire and Rescue Service
Sunderland City Council
Surrey County Council
Sussex Police
Swindon Borough Council
Tameside Hospital NHS Foundation Trust
Tameside Metropolitan Borough Council
Telereal Trillium
Telford & Wrekin Council
Thames Valley Housing Association Ltd
The Bank of Tokyo-Mitsubishi UFJ, Ltd.
The Land Group Ltd
The Mid Yorkshire Hospitals NHS Trust
The Police and Crime Commissioner for Cheshire
The Police and Crime Commissioner for Thames Valley
The Riverside Group
The Royal Bank of Scotland plc
Tyne and Wear Fire and Rescue Service
UK Court Services (Manchester) Limited
University College London Hospitals
University Hospital of North Staffordshire NHS Trust
University Hospitals Coventry & Warwickshire NHS Trust
Walsall Council
Whittington Hospitals NHS Trust
Wiltshire Council
Woking Borough Council
Wolverhampton City Council
Wooldale Partnerships Limited
Updates to this page
Published 5 July 2013Last updated 24 February 2021 + show all updates
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Great Western Hospitals NHS Foundation Trust added
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Updated with announcement: 'The government has announced that it will no longer use PF2, the current model of Private Finance Initiative (PFI) for new government projects. Existing PFI and PF2 contracts will not end because of this announcement'.
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Updated list with Dudley Group NHS Foundation Trust and Royal Liverpool and Broadgreen University Hospitals NHS Trust
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updated to include new signatories Advantage and The Riverside Group
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Updated list of code signatories
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Updated to include latest signatory, Tameside Hospital NHS Foundation
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Health and Safety Executive added
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New signatory added
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added Cheshire East Council and Sussex Police to list of signatories
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Two new signatories added to the list
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Added new signatories Avon Fire & Rescue Service and East Riding of Yorkshire Council
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Updated to include latest signatories
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added Bridgend Custodial Services Ltd, Kent and East Sussex Weald Hospital Limited and Walsall Council to list of signatories
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list of signatories updated
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added new signatories
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updated signatories
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added several new signatories
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added Barts Health NHS Trust, Merseyside Fire & Rescue Authority, Lancashire Combined Fire Authority,
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added Mayor's Office for Policing and Crime
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added Kingston Hospital NHS Foundation Trust Barking, Havering & Redbridge University Hospitals NHS Trust
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First published.
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added signatories
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Added InfraRed Capital Partners