TABLE1 : DERIVATION TABLE

This table shows the Chapter order of PF2 Guidance against equivalent SoPC4 Chapters where applicable.

PF2 CHAPTER

SOPC4 DERIVATION

A  Introduction

Chapter 1: Introduction

 

New Chapter

B  Assurance and Standardisation

Chapter 2: Assurance and Standardisation

Extensively redrafted, but parts taken from SoPC4 Chapter 1 and parts moved to Schedule 1 (Definitions and Interpretation)

C  Structuring the Contract

Chapter 3: Duration

Chapter 4: Land, Equipment and Property Interest

 

From SoPC4 Chapter 2 

From SoPC4 Chapter 19

D  Public Sector Equity and Joint Ventures

Chapter 5: Public Sector Equity 

Chapter 6: Change of Ownership

 

New Chapter

From SoPC4 Chapter 18

E  Services

Chapter 7: Services and Service Commencement

Chapter 8: Late Service Commencement 

Chapter 9: Hard FM Maintenance Services 

Chapter 10:Surveys on Expiry and Termination

 

New Chapter

From SoPC4 Chapter 4 

From SoPC4 Chapter 11 

From SoPC4 Chapter 23

F  Flexibility and Change

Chapter 11: Change in Service 

Chapter 12: Change to Documents

 

New Section on Flexibility and part from SoPC4 Chapter 13 

From SoPC4 Section 16.4 and Clause 22.3

G  Risk allocation principles

Chapter 13: Warranties and Undertakings

Chapter 14: Indemnities, Guarantees and Contractual Claims

 

From SoPC4 Chapter 6

From SoPC4 Chapter 24

Chapter 15: Supervening Events

Chapter 16: Change in Law

Chapter 17: Insurance

Chapter 18: Authority Step in

From SoPC4 Chapter 5

From SoPC4 Chapter 14

From SoPC4 Chapter 25

From SoPC4 Chapter 29

H  Paying for Services

Chapter 19: Price and Payment, Availability and Performance Mechanism

 

Extensively redrafted. Parts from SoPC4 Chapters 7,8,9, and Sections 16.1 to 16.3

Chapter 20: Payment Mechanism and Monitoring

Chapter 21: Capital Contributions 

Chapter 22 Set-off and VAT

From SoPC4 Chapter 10

From SoPC4 Section 3.9

From SoPC4 Chapter 12

I  Termination

Chapter 23 Early Termination

 

From SoPC4 Chapter 21 

Chapter  24 Calculation and Payment of Early Termination Payments

From SoPC4 Chapter 22

Chapter 25 Treatment of Assets on Termination and Expiry

From SoPC4 Chapter 20

 Finance

Chapter 26 Funders' Direct Agreement

Chapter 27 Due Diligence over Sub-Contracts and Financing Documents

 

From SoPC4 Chapter 31

From SoPC4 Chapter 33

Chapter 28 Refinancing

Chapter 29 Bond Finance

Chapter 30 Corporate Finance

From SoPC4 Chapter 34

From SoPC4 Chapter 36

From SoPC4 Chapter 37

 Transparency and information

Chapter 31 Transparency and Information

 

From SoPC4 Chapter 26

L  Ancillary

Chapter 32 Assignment

Chapter 33 Intellectual Property Rights

Chapter 34 Dispute Resolution

 

From SoPC4 Chapter 17

Largely new with some part from SoPC4 Chapter 27

From SoPC4 Chapter 28

SCHEDULES

 

1  Definitions and Interpretation

New Schedule taking some parts from SoPC 4 Chapter 1

2  Market-Testing and Benchmarking

From SoPC4 Chapter 15

3  Hard FM Specification (to follow)

New

4  Draft Shareholders' Agreement (to follow)

New

5  Payment Mechanism (to follow)

New