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Contractual Issues Covered In Standardisation of PFI Contracts
Introduction - Section 1
Duration of Contract - Section 2
Service Commencement - Section 3
Submissions of Designs and Information to the Local Authority - Section 3.4
Acceptance and Service Commencement - Section 3.6
Existing/Interim Services - Section 3.7
Range of Services to be provided - Section 3.8
Early Works Agreement - Section 3.10
Protections against late service commencement - Section 4
Bonus Payments for Early Service Commencement - Section 4.6
Supervening Events - Section 5
Information Warranties - Section 6
Benefit of Surveys and Reports - Section 6.4
Price and Payment Mechanism - Section 7
Availability Requirements - Section 8
Performance Requirements - Section 9
Payment Mechanism, Management and Monitoring - Section 10
Maintenance - Section 11
Payments and Set Off - Section 12
Change in Service - Section 13
Change in Law - Section 14
Price Variations - Section 15
Sub-Contracting, Employees and Documenting Changes - Section 16
Assignment - Section 17
Change of Ownership - Section 18
Land, Equipment and Other Property Interests - Section 19
Treatment of Assets on Expiry of Service Period - Section 20 and Surveys on Expiry and Termination - Section 23
Early Termination - Section 21 and Calculation and Payment of Early Termination Payments - Section 22
Indemnities, Guarantees and Contractual Claims - Section 24
Insurance - Section 25
Information and Confidentiality - Section 26
Intellectual Property Rights - Section 27
Dispute Resolution - Section 28
Local Authority Step-in - Section 29
Miscellaneous Provisions - Section 30
Direct Agreement and Senior Lenders - Section 31
Competitive Dialogue and Commitment Letters - Section 32
Due Diligence over Sub-Contracts and Financing Documents - Section 33
Refinancing - Section 34
Financial Robustness: Contractor Distress - Section 35
Bond Finance - Section 36
Corporate Finance - Section 37
Contractual Issues not Covered in SoPC