Yesterday, 20 December 2018, the latest NHS Greater Glasgow and Clyde healthcare PPP reached financial close. The DBFM healthcare project will procure two new facilities (the new Greenock Health Centre and Mental Health In-patient facilities at the Stobhill Hospital) from hub West Scotland under a single hub/DBFM contract. Under current plans, a third facility will be added to the contract under a pre-agreed change procedure during 2019.
We supported the NHS in-house team and were responsible for a range a financial transaction support activities including assessing financial submissions from the private sector partner, confirming that returns, margins and fees are consistent with benchmarks and confirming that the financial model is consistent with technical project details. On the day of financial close we supported rate benchmarking, financial model optimisation and completion activities.
Our recent Intern, Calum Finnigan, produced this slick 3D animation of our corporate logo as a little side project. Calum is a graduate of the University of Edinburgh (BA with honours, Fine Art) and Edinburgh College (HND, Grade A, 3D Animation) and is interested in short or long term opportunities to apply his skills.
Spinning Graphic by Calum Finnigan
More examples of his work and his contact details can be found on his website , his blog, and on Linkedin.
Senior public sector officials from central government departments in Beijing and several Chinese provinces including Jinan, Guangzhou and Hebei have taken part in our PPP Masterclasses this month. This follows events we have run previously for government officials in Latvia and Uruguay and of course many training and development events in Scotland.
Our bespoke events draw from a menu of knowledge areas that covers all financial and commercial aspects of Public Private Partnerships. They provide an ideal opportunity to learn and share expertise that equip participants will skills to develop robust projects which deliver real social and economic benefits.
Our Event Leaders include some of the most experienced PPP practitioners in the world. This professional team has worked at every stage in the PPP development process including sectoral strategy development, feasibility and planning, transaction support, operational performance improvement, and rescue of distressed PPP projects.
Please contact us if you would like to know more about how we can help you shape better projects.
Scotland and Uruguay have much in common including a strong ethic of equality and social justice.
As Uruguay begins a programme of school PPP projects, Martin Finnigan was invited by Sunny Sky Solutions to give his thoughts on what this charming Latin American country might earn from the Scottish experience.
Click here to read more.
Escocia y Uruguay tienen mucho en común, incluyendo una fuerte ética de igualdad y justicia social.
Mientras Uruguay comienza un programa de proyectos APP escolares, Martin Finnigan fue invitado por Sunny Sky Solutions a dar sus pensamientos sobre lo que este encantador país latinoamericano podría ganar de la experiencia escocesa.
Haga clic aquí para leer más.
Scotland has a great record of evolving PPP models to suit particular geographic, social and political conditions going back almost two decades. Meanwhile, recent developments in Wales are breaking new ground.
In two articles recently published on the FOMIN/Inter-American Development Bank and World Bank blogs, Martin Finnigan and Michael Walker explain some of the nuances and make the case for applying such models more widely.
Education PPP seminar
This October with Maria Jimena Cordoba from Castalia we provided a Education PPP training workshop for Uruguayan government agencies including Corporación Nacional de Desarollo (CND), Administración Nacional de Educación Pública (ANEP) and the Institute for Children and Adolescents (INAU) in Montevideo. The workshop covered international experience with Education PPP and management of PPP contracts.
We also delivered a presentation on best practice in Education PPPs at a breakfast briefing event in Montevideo organised by the Inter-American Development Bank, the Development Bank of Latin America (CAF) and the World Bank to promote the forthcoming Uruguay Kindergarten PPP project.
Approximately 100 delegates from across the Uruguayan PPP industry heard our presentation which described the Scottish experience of Education PPP over the last twenty years.
Working with Castalia Strategic Advisers and with support from the Inter-American Development Bank we advised the Government of Uruguay and Corporación Nacional para el Desarrollo (CND) on the development of financial and technical aspects of the Uruguayan early years education PPP programme. This will create up to 60 kindergartens and family support centres to support the national poverty reduction and social inclusion policy.
Our responsibilities included project financial modelling, international best practice studies and the development of bespoke technical documentation which drew on our extensive experience of PPP transactions and implementation.
We have been selected as preferred bidder, alongside partners in Istanbul, Ankara and Warsaw, to assist the Government of Turkey and the European Bank for Reconstruction and Development with the design and implementation of the Ministry of Health Monitoring Unit for the national Healthcare PPP programme.
This is the largest Healthcare PPP programme in the world and will deliver at least 14 new hospitals with over 26,000 beds.
Working with LPS, we delivered a half day seminar and web broadcast to around seventy representatives from Latvian municipalities and local government bodies. The Webinar described the Scottish experience of PPP, its evolution to meet the particular social aspirations of the nation, and its relevance to other states of similar size and latitude.
We are proud to have continued our long relationship with Moray Council and to have supported them on the procurement the new Elgin High School which was signed in February this year on the basis of the hub DBFM PPP structure. Previously, we supported the Council on the procurement of Elgin Academy and Keith Primary School.
The new school is a replacement for the original buildings, built in 1978. The school is a 6 year non-denominational comprehensive school with serving south Elgin and the adjoining rural areas. The new buildings will cater for 800 pupils and will have a separate sports block, an all-weather sports pitch and an athletics track. The school’s sports and performance facilities will be available for community use.