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Health PFI Handback - Re-inheriting a PFI asset: milestone or pot of gold?

Many assume that an appropriate level of resourcing, robust contractual knowledge, and a touch of negotiating guile, will result in successful contract expiry and inheritance of the relevant assets- and the Trust’s business can continue as normal, focussing on delivering frontline services. However, the implications of inheriting an expired PFI asset are not that simple. This article explores the various issues that a trust must prepare and resource for to fully leverage inheriting a PFI. All being issues that have nothing to do with the PFI contract partnership but are the implications of having it.