Land, Equipment and Other Property Interests - Section 19

66  This Section is a substantial rewrite of Section 31 of SoPC3.  In particular, it advocates early analysis of the required nature of the Local Authority's interest in the relevant asset (whether land or equipment) and gives guidance on ways to handle the introduction of property to a project, on the disposal of property and on the handling of residual values.

67  Section 19 of SoPC deals with the issue of land and property interests.  These issues are relevant to a Local Authority social care PFI project.  Local Authorities should also consider the guidance contained in this Procurement Pack regarding contract debtor tax structures.