The developers of PPP projects in many cases have ongoing links with the public sector through their wider group companies. It is not unusual for a project developer to also have a construction company or a facilities management company as part of their group. As part of government relationship with firms it may be possible to apply pressure to achieve more favourable terms. However many operational projects have been sold by their original owners and have transferred into the ownership of different infrastructure funds. Such funds have bought the projects from the original developers and are remote from other day-to-day engagement with the public sector.
As the investors work across the UK, SFT have been liaising with Infrastructure UK and will continue to develop approaches to the private sector which recognise the budgetary position in the public sector across the UK and seek to maximise value from existing contractual arrangements.