Government jurisdictions in Canada, including federal, provincial and municipal levels, are increasingly using Alternative Financing Proposals (i.e., Public, Private Partnerships), to offload infrastructure risk to the private sector and stretch infrastructure capital budgets. This seminar is a primer on Public Private Partnerships from a Facilities Management perspective. The seminar will briefly review what P3s are and why they can be a valuable pursuit for FM service providers. As such, the main part of the discussion will focus on the critical success factors for the FM team member.

These factors include:

  1. The importance of financing and a strong credit rating
  2. Dedicated continuous resources from RFQ through to implementation
  3. Know and respect the strengths and weaknesses of all team players
  4. Understand the project agreement and the interface agreements and the window to negotiate changes
  5. Understand the operational KPI regime
  6. Understand the operational risk profile
  7. Know who the client stakeholders are and where their interests start and end – 25-30-year operational timeframe
  8. Know the deliverable dates and critical paths that will get you there
  9. Challenge design / build partners to get to the optimum operational solution
  10. Getting to the right price

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