Updated: added new signatories
The voluntary code of conduct sets out the basis on which public and private sector partners agree to work together to make savings in operational Public Private Partnership (PPP) contracts. The code applies to all PPP that signatories are parties to, such as Private Finance Initiative (PFI) contracts, PF2 and other variants of PPP contracts.
The code sets out commitments from both public and private sector parties on constructive engagement, flexibility and improving operational efficiency. These commitments will support an overall improvement in contract management relationships and behaviours and the creation of a more effective working environment between customers and suppliers. This will help the public and private sectors work together on existing contracts for schools, hospitals and many other public infrastructure projects.
The launch of the code forms part of the government’s wider work on reducing the cost of PFI deals under the Operational Savings programme, which has already achieved savings of over £1.5 billion since it launched 2 years ago. It has been developed with the support and engagement of relevant trade bodies and a cross-section of lenders, investors, construction contractors and facilities management providers. All parties to PPP contracts should be able to sign up to these commitments which reflect best practice in the sector.
To sign up to the code please contact osp@hmtreasury.gsi.gov.uk
List of signatories
Amey
Aviva Commercial Finance
Avon and Somerset Constabulary
Balfour Beatty Investments
BAM PPP UK Ltd
Barclays Bank PLC
Barclays Infrastructure Funds Management Limited (BIFM)
Barking, Havering & Redbridge University Hospitals NHS Trust
Bouygues (U.K.) Limited
Bouygues Energies & Services
Cabinet Office
Canmore Partnership Limited
Co-operative Bank plc
Carillion Private Finance Ltd
Costain Group PLC
County Durham and Darlington NHS Foundation Trust
Department for Business, Innovation and Skills
Department for Communities and Local Government
Department for Culture, Media and Sport
Department for Education
Department for Environment, Food and Rural Affairs
Department for International Development
Department for Transport
Department for Work and Pensions
Department of Energy and Climate Change
Department of Health
Derbyshire Constabulary - The Police and Crime Commissioner for Derbyshire
Dyfed Powys Police
Equitix Group
Eric Wright Group Limited
FES FM Limited
Foreign and Commonwealth Office
Foreland Shipping Ltd
Forth Holdings Limited
Galliford Try plc
Gloucestershire Constabulary
Hampshire County Council
HCP
HM Revenue & Customs
HM Treasury
HOCHTIEF PPP Solutions (UK) Ltd
Home Office
HSBC Bank plc
InfraRed Capital Partners
Innisfree
Interserve
ISS Mediclean Limited
JLIF
John Laing Investments Ltd and subsidiaries
Kajima Partnerships Limited
Kelda Water Services Limited
Kier Project Investment
Kingston Hospital NHS Foundation Trust
Lloyds Banking Group plc
Manchester City Council
Miller Construction (UK) Limited
Ministry of Defence
Ministry of Justice
MITIE Group PLC
Morgan Sindall Investments Limited
Nationwide Building Society
NHS Property Services Ltd
Norddeutsche Landesbank Girozentrale (London Branch)
Nottinghamshire County Council
Office of the Police and Crime Commissioner for Cleveland
Office of the Police Commissioner for Gloucestershire
Office of the Police and Crime Commissioner Greater Manchester
Pinnacle Regeneration Group Ltd
Office of the Police and Crime Commissioner for Norfolk
Office of the Police and Crime Commissioner for Suffolk
Salford Property and Facilities Management
Semperian PPP Investment Partners
Serco Limited
Skanska Infrastructure Investment UK Ltd
Sir Robert McAlpine Capital Ventures Limited
Sir Robert McAlpine Limited
SMBCE: Sumitomo Mitsui Banking Corporation Europe Limited
Sodexo
Telereal Trillium
The Bank of Tokyo-Mitsubishi UFJ, Ltd.
The Police and Crime Commissioner for Cheshire
The Police and Crime Commissioner for Thames Valley
The Royal Bank of Scotland plc
University College London Hospitals