Important Notice

Fire and Police Sectors

Standard Form Funder Direct Agreement

Important Notice

This is Local Partnerships' standard form of the Funder Direct Agreement (FDA) the intention of which is to minimise the time and costs of dealing with legal issues relating to a PFI/PPP scheme. Local Partnerships expects the standard form FDA to be used un-amended. However, a certain degree of customisation of the standard form FDA will be necessary to ensure it operates effectively alongside the Project Agreement and sub-contracts, particularly in respect of certain defined terms.  Footnotes have been included to highlight the provisions that may need amendment for this reason.

The private sector should note that any proposed amendments to the standard form FDA will be one of the criteria taken into account by Police or Fire and Rescue Authorities in evaluating bid responses. Any proposed amendments to the standard form FDA, save for when such proposed amendments (1) are scheme specific changes supported by strong scheme specific reasoning or (2) highlight genuine drafting errors, are likely to be negatively evaluated.

The standard form FDA contains a number of footnotes.  These are intended to assist understanding or to highlight areas where the standard form will require minor amendments for consistency with other project documents.  The standard form FDA must be analysed and reviewed in detail to ensure that its terms (and their impact) are clearly understood by the relevant parties. The footnotes should be removed before finalisation of the document for execution and (where appropriate) release to bidders.