Alphabetical list of PFI and PPP Keywords| Advisers | PFI&PPP | Conflicts of interest, Guidance, Project team |
| Affordability | PFI&PPP | Fallback, Project Scope |
| Asset condition | PFI&PPP | Bid Costs, Contract Re-letting, Due Diligence, Legacy Liabilities, Risk Transfer, Up-front capital payments |
| Asset transfer | PFI&PPP | Up-front capital payments |
| Balance sheet treatment | PFI&PPP | Asset transfer, Project objectives, Project selection |
| Bargaining power | PFI&PPP | Competitive tension, Fallback, Monopoly, Negotiations, Project team, Single bidder, Variations |
| Benchmark | PFI&PPP | Advisers, Asset condition, Capital costs, Competitive tension, Contract price, Contract specification, Finance competitions, Intelligent customer, Negotiations, Obsolescence, Operating costs, Public sector comparator, Service quality, Should-cost model, Single bidder, Variations |
| Benefits | PFI&PPP | Benefits, Business strategy, Pre-deal status, Project objectives, Public sector efficiency |
| Bid costs | PFI&PPP | Market Interest, Procurement Competition |
| Bid evaluation | PFI&PPP | Bidder’s financial model, Project reviews, Sensitivity analysis, Variant bids |
| Bidder qualification | PFI&PPP | Competitive tension, Market interest, Procurement regulations |
| Bidder's financial model | PFI&PPP | Bid evaluation, Discounted cash flows, Sensitivity analysis, Should-cost model |
| Bookbuilding | PPP | |
| Business strategy | PFI&PPP | Benefits, Demand forecast, Project objectives |
| Capital costs | PFI&PPP | Benchmark, Compensation payments, Contract termination, Design, Discounted cash flows, Due diligence, Flexibility in supply, Operating costs, Public sector comparator, Risk transfer, Should-cost model |
| Capital Structure | PPP | Finance arrangements, Gearing, Rate of return, Risk capital |
| Clawback | PFI&PPP | Asset transfer, Contract price, Profit sharing, Rate of return, Windfall gains |
| Compensation payments | PFI | Capital costs, Contract termination, Finance arrangements, Rate of return, Risk transfer |
| Competitive tension | PFI&PPP | Bid costs, Bid evaluation, Bidder qualification, Market interest, Project complexity, Project scope |
| Conflicts of interest | PFI&PPP | Advisers, Bid evaluation, Bidder qualification, Incentives, Sub-contractors |
| Contingency plan | PFI | Operational difficulties, Residual liabilities, Service availability, Service delays, User safeguards |
| Contract duration | PFI&PPP | Affordability, Demand forecast, Flexibility in supply, Obsolescence |
| Contract management | PFI&PPP | Intelligent customer, Partnering, Risk management |
| Contract price | PFI&PPP | Affordability, Asset condition, Benchmark, Bid evaluation, Bidder’s financial model, Capital costs, Competitive tension, Contract specification, Contractor’s resources, Deal creep, Demand forecast, Design, Due diligence, Finance (Government contribution), Finance competitions, Finance costs, Flexibility in supply, Negotiations, Open book accounting, Operating costs, Payment mechanism, Performance measurement, Project sharing, Project complexity, Project reviews, Public sector comparator, Rate of return, Risk transfer, Sensitivity analysis, Service demand, Service quality, Should-cost model, Single bidder, Variations |
| Contract re-letting | PFI | Advisers, Asset transfer, Competitive tension, Contract termination, Due diligence, Incumbent contractor, Legacy liabilities, Market interest, Negotiations, Procurement regulations |
| Contract restructuring | PFI | Advisers, Bargaining power, Benchmark, Benefits, Legacy liabilities, Negotiations, Obsolescence, Operational difficulties, Partnering, Procurement regulations, Rate of return, Risk capital |
| Contract specification | PFI&PPP | Advisers, Affordability, Bargaining power, Bid costs, Bid evaluation, Business strategy, Clawback, Competitive tension, Contract price, Contract standardisation, Contractor’s resources, Deal creep, Design, Due diligence, Flexibility in supply, Guidance, Incentives, Innovation, Intelligent customer, Legacy liabilities, Market interest, Negotiations, Obsolescence, Open book accounting, Partnering, payment mechanism, Policy implementation, Profit sharing, Project objectives, Risk transfer, Sensitivity analysis, Service quality, Stakeholders, Standard contract terms, Sub-contractors, User participation User safeguards, Variant bids, Variations |
| Contract standardisation | PFI | Advisers, Contract specification, Guidance, Innovation, Market interest, Negotiations, Standard contract terms |
| Contract termination | PFI&PPP | Advisers, Asset transfer, Bidder’s financial model, Capital costs, Compensation payments, Contingency plan, Contract management, Contract re-letting, Contract restructuring, Contract standardisation, Damages, Debt guarantees, Direct agreements, Discounted cash flows, Finance arrangements, Finance costs, Intelligent customer, Negotiations, Operational difficulties, Parent Company, Partnering, Payment deductions, Performance measurement, Rate of return, Risk management, Service delays, Service quality, Sub-contractors |
| Contractor's expertise | PFI&PPP | Bargaining power, Bid evaluation, Bidder qualification, Contract specification, Contractor’s resources, Design, Due diligence, Innovation, Operational difficulties, Service availability, Service delays, Service quality, Sub-contractors |
| Contractor's resources | PFI | Bid evaluation, Bidder’s financial model, Contract management, Contract price, Contract specification, Contractor’s expertise, Economies of scale, Flexibility in supply, Innovation, Intelligent customer, Open book accounting, Operating costs, Operational difficulties, Project complexity, Rate of return, Service quality, Staff transfer, Sub-contractors |
| Damages | PFI&PPP | Contingency plan, Contract termination, Payment deductions, Residual liabilities, Service availability, Service delays |
| Deal creep | PFI&PPP | Bargaining power, Benchmark, Bid evaluation, Bidder’s financial model, Competitive tension, Contract price, Contract specification, Due diligence, Fallback, Market interest, Negotiations, Project reviews, Project team, Risk transfer, Should-cost model, Single bidder |
| Debt guarantees | PFI&PPP | Balance sheet treatment, Compensation payments, Contract termination, Direct agreements, Due diligence, Finance arrangements, Finance costs, Risk transfer |
| Demand forecast | PFI&PPP | Advisers, Benchmark, Bid evaluation, Contingency plan, Contract price, Contractor’s expertise, Demand forecast, Design, Due diligence, Flexibility in supply, Incentives, Residual liabilities, Risk assessment, Risk transfer, Sensitivity analysis, Service demand, User base |
| Design | PFI&PPP | Benchmark, Bid evaluation, Capital costs, Contract management, Contract specification, Contractor’s expertise, Deal creep, Incumbent contractor, Innovation, Intelligent customer, Legislative change, Market interest, Monopoly, Negotiations, Open book accounting, Partnering, Policy implementation, Project objectives, Risk assessment, Risk transfer, User participation, Variations |
| Direct agreements | PFI&PPP | Contract termination, Debt guarantees, Due diligence, Finance arrangements, Finance costs, Incentives, Operational difficulties, Risk transfer |
| Directors and non-executive directors | PPP | |
| Discounted cash flows | PFI&PPP | Affordability, Benchmark, Bid evaluation, Bidder’s financial model, Capital costs, Contract price, Fallback, Finance costs, Guidance, Operating costs, Public sector comparator, Rate of return, Risk transfer, Sensitivity analysis, Should-cost model |
| Due diligence | PFI&PPP | Asset condition, Capital costs, Contract price, Deal creep, Debt guarantees, Demand forecast, Design, Direct agreements, Finance costs, Flexibility in supply, Legacy liabilities, Negotiations, Operating costs |
| Early delivery of services | PFI | Benefits, Business strategy, Contract price, Incentives, Payment mechanism, Rate of return, Sensitivity analysis, Service availability, User satisfaction |
| Economies of scale | PFI | Benefits, Bid evaluation, Business strategy, Capital costs, Contract price, Contractor’s resources, Design, Flexibility in supply, Market interest, Monopoly, Operating costs, Project reviews, Project scope, Public sector comparator, Rate of return, Should-cost model |
| Equity sales | PFI | Contract specification, Fimamce arrangements, Icentives, Joint venture, Management buy-out, Parent company, Partnering, Rate of return, Refinancing, Risk Capital User safeguards |
| Fallback | PFI | Affordability, Benchmark, Benefits, Bid evaluation, Contract price, Deal creep, Negotiations, Project objectives, Public sector comparator, Should-cost model |
| Finance (Government contribution) | PFI&PPP | |
| Finance arrangements | PFI&PPP | Direct agreements, Due diligence, Finance (Government contribution), Finance competitions, Finance costs, Financial close, Risk capital, Risk transfer |
| Finance competitions | PFI | Advisers, Bid evaluation, Competitive tension, Due diligence, Finance arrangements, Finance costs, Project complexity, Project objectives, User safeguards |
| Finance costs | PFI | Compensation payments, Competitive tension, Contract price, Debt guarantees, Finance competitions, Open book accounting, Public sector comparator, Refinancing, Risk transfer |
| Financial close | PFI&PPP | Due diligence, Finance arrangements, Finance competitions |
| Flexibility in supply | PFI&PPP | Business strategy, Contract price, Contract specification, Demand Forecast, Design, Intelligent customer, Project objectives, Risk transfer, Sensitivity analysis, Service demand, Variations |
| Flotation | PPP | |
| Gearing | PPP | |
| Government | PFI&PPP | Bargaining Power, Guidance |
| Guidance | PFI&PPP | Advisers, Government, Project team, Public sector staff |
| Incentives | PFI&PPP | Contract specification, Early delivery of services, Economies of scale, Payment mechanism, Performance measurement, Rate of return, Risk capital, Risk transfer |
| Incumbent contractor | PFI | Business strategy, Competitive tension, Legacy liabilities, Market interest, Monopoly, Procurement regulations, Single bidder |
| Indirect costs | PFI | Damages |
| Innovation | PFI&PPP | Bid evaluation, Business strategy, Capital costs, Contract price, Contract specification, Contract standardisation, Contractor's expertise, Design, Incentives, Innovation, Intelligent customer, Market interest, Project objectives, Public sector comparator, Standard contract terms, Variant bids |
| Intelligent customer | PFI&PPP | Affordability, Bargaining power, Benchmark, Benefits, Capital costs, Clawback, Contract management, Flexibility in supply, Incentives, Innovation, Management, Monopoly, Negotiations, Obsolescence, Open book accounting, Operating costs, Operational difficulties, Partnering, Payment deductions, Performance measurement, Phased implementation, Pilot, Profit sharing, Project objectives, Refinancing, Risk assessment, Risk management, Risk transfer, Service availability, Service commissioning, Service quality, Should-cost model, Sub-contractors, User satisfaction |
| Joint venture | PPP | |
| Legacy liabilities | PFI&PPP | Asset condition, Bid costs, Business strategy, Capital costs, Competitive tension, Contract price, Contract re-letting, Contract specification, Design, Due diligence, Incumbent contractor, Innovation, Intelligent customer, Market interest, Obsolescence, Operating costs, Operational difficulties, Partnering, Project complexity, Project scope, Project selection, Risk transfer, User participation |
| Legislative change | PFI&PPP | |
| Management | PFI&PPP | Bargaining power, Business strategy, Contingency plan, Contract management, Contractor's resources, Intelligent customer, Operational difficulties, Partnering, Payment deductions, Performance measurement, Pilot, Project reviews, Public sector staff, Residual liabilities, Risk assessment, Risk management, Senior management |
| Management buy out | PPP | |
| Market interest | PFI&PPP | Asset condition, Bid costs, Bidder qualification, Competitive tension, Contract specification, Economies of scale, Incumbent contractor, Innovation, Legacy liabilities, Market interest, Project objectives, Project scope, Risk transfer |
| Market testing | PFI&PPP | Benchmarking, Benefits, Intelligent Customer, Public sector efficiency, Service quality, Should cost model, Single bidder, Staff transfer, Trade sales |
| Merger | PPP | |
| Monopoly | PFI&PPP | Bargaining power, Benchmark, Competitive tension, Contract management, Contract price, Contract restructuring, Incentives, Incumbent contractor, Intelligent customer, Negotiations, Open book accounting, Partnering, Should-cost model, Single bidder, Variations |
| Negotiations | PFI&PPP | Advisers, Bargaining power, Benchmark, Bid evaluation, Bidder's financial model, Clawback, Contract management, Contract price, Contract re-letting, Contract restructuring, Contract specification, Deal creep, Design, Fallback, Finance competitions, Flexibility in supply, Incentives, Legacy Liabilities, Legislative change, Management, Monopoly, Open book accounting, Operational difficulties, Partnering, Payment deductions, Performance measurement, Project team, Public sector staff, Rate of return, Refinancing, Risk transfer, Should-cost model, Single bidder, Variations |
| Non-financial benefits/objectives | PFI&PPP | |
| Obsolescence | PFI | Asset condition, Benchmark, Benefits, Business strategy, Contract duration, Contract managment, Contract specification, Incentives, Intelligent customer, Legislative change, Payment mechanism, Performance measurement, Policy implementation, Project reviews, Risk transfer, Service quality, User satisfaction |
| Open book accounting | PFI&PPP | Bargaining power, Benchmark, Capital costs, Compensation payments, Contract price, Monopoly, Negotiations, Open book accounting, Operating costs, Partnering, Profit sharing, Rate of return, Should-cost model, Variations |
| Operating costs | PFI&PPP | Benchmark, Capital costs, Design, Discounted cash flows, Due diligence, Intelligent customer, Operating costs, Public sector comparator, Risk transfer, Should-cost model |
| Operational difficulties | PFI&PPP | Bargaining power, Contingency plan, Contract management, Contract restructuring, Contract termination, Contractor's resources, Damages, Design, Direct agreements, Finance arrangements, Incentives, Indirect costs, Intelligent customer, Legacy liabilities, Negotiations, Parent Company, Partnering, Payment deductions, Performance measurement, Phased implementation, Pilot, Project complexity, Public relations, Rate of return, Risk assessment, Risk capital, Risk transfer, Senior management, Service availability, Service demand, Service quality, Stakeholders, User safeguards, User satisfaction, Variations |
| Parent Company | PFI | Bidder qualification, Conflicts of interest, Contractor's expertise, Contractor's resources, Damages, Due diligence, Finance arrangements, Intelligent customer, Operational difficulties, Rate of return, Risk transfer, sub-contractors |
| Partnering | PFI&PPP | Bargaining power, Benefits, Contract management, Contract specification, Flexibility in supply, Incentives, Intelligent customer, Management, Negotiations, Open book accounting, Operational difficulties, Performance measurement, Risk transfer, Senior management |
| Payment deductions | PFI&PPP | Contract specification, Damages, Incentives, Operational difficulties, Partnering, Payment mechanism, Performance measurement, Risk transfer, Service availability, Service delays, Service quality |
| Payment mechanism | PFI&PPP | Contract price, Contract specification, Demand forecast, Early delivery of services, Incentives, Negotiations, Operational difficulties, Payment deductions, Performance measurement, Risk transfer, Service availability, Service delays, Service demand, Service quality, Standard contract terms, User safeguards, Variations |
| Performance measurement | PFI&PPP | Contract management, Contract price, Contract specification, Contract termination, Incentives, Intelligent customer, Obsolescence, Operational difficulties, Payment deductions, Payment mechanism, Risk transfer, Service availability, Service quality, User satisfaction |
| Phased implementation | PFI | Business strategy, Contingency plan, Contract specification, Early delivery of services, Intelligent customer, Negotiations, Pilot, Project complexity, Residual liabilities, Risk transfer, Service availability, Service delays |
| Pilot | PFI&PPP | Contingency plan, Contract management, Intelligent customer, Phased implementation, Project complexity, Public sector staff, Risk management, Service commissioning |
| Policy implementation | PFI&PPP | Business strategy, Contingency plan, Contract restructuring, Contract termination, Design, Flexibility in supply, Intelligent customer, Legislative change, Negotiations, Project objectives, Project reviews, Project scope, Residual liabilities, Risk management, User safeguards, Variations |
| Pre-deal status | PFI | Benefits, Business strategy, Fallback, Legacy liabilities, Project objectives, Project scope, Project selection |
| Procurement budget | PFI&PPP | Advisers, Competitive tension, Contract specification, Negotiations, Procurement timetable, Project complexity, Project reviews, Project team, User participation, Variant bids |
| Procurement regulations | PFI&PPP | Bid evaluation, Contract restructuring, Guidance, Negotiations, Procurement timetable |
| Procurement timetable | PFI&PPP | Bid evaluation, Contract specification, Contract standardisation, Deal creep, Negotiations, Procurement regulations, Project complexity, Project reviews, Project team, Service availability |
| Profit sharing | PFI&PPP | Asset transfer, Clawback, Contract price, Rate of return, Refinancing, Windfall gains |
| Project complexity | PFI | Advisers, Bid costs, Business strategy, Competitive tension, Contract specification, Fallback, Negotiations, Phased implementation, Pilot, Project scope, Residual liabilities, Risk assessment, Risk management |
| Project evaluation | PFI&PPP | |
| Project objectives | PFI&PPP | |
| Project reviews | PFI&PPP | |
| Project scope | PFI&PPP | |
| Project selection | PFI&PPP | |
| Project team | PFI&PPP | |
| Public relations | PFI&PPP | |
| Public sector comparator | PFI&PPP | |
| Public sector efficiency | PFI&PPP | |
| Public sector staff | PFI&PPP | |
| Rate of return | PFI&PPP | |
| Refinancing | PFI&PPP | |
| Regulation | PPP | |
| Residual liabilities | PFI&PPP | |
| Restructuring | PPP | |
| Risk assessment | PFI&PPP | |
| Risk capital | PFI&PPP | |
| Risk management | PFI&PPP | |
| Risk transfer | PFI&PPP | |
| Sale in tranches | PPP | |
| Science | PFI | Test |
| Senior management | PFI&PPP | |
| Sensitivity analysis | PFI&PPP | |
| Service availability | PFI&PPP | |
| Service commissioning | PFI | |
| Service delays | PFI&PPP | |
| Service demand | PFI&PPP | |
| Service quality | PFI&PPP | |
| Should-cost model | PFI&PPP | |
| Single bidder | PFI | |
| Special shares | PPP | |
| Staff transfer | PFI&PPP | |
| Stakeholders | PFI&PPP | |
| Standard contract terms | PFI | |
| Sub-contractors | PFI | |
| Trade sales | PPP | |
| Up-front capital payments | PFI | |
| User base | PFI&PPP | |
| User participation | PFI&PPP | |
| User resistance | PFI&PPP | |
| User safeguards | PFI&PPP | |
| User satisfaction | PFI&PPP | |
| Valuation | PFI&PPP | |
| Variant bids | PFI | |
| Variations | PFI&PPP | |
| Wider markets | PPP | |
| Windfall gains | PFI&PPP | |