Bexley Schools - PFI Life Cycle Cost Analysis

BWA provided life cycle replacement cost advice to Bexley Council regarding an operational schools PFI project. The work involved undertaking surveys and development of a 'shadow' life cycle cost model to test the adequacy of the life cycle fund within the deal and to test the likely rebate if handback criteria were relaxed in the final five years of the deal. The work helped the Council to negotiate with the SPV and FM services contractor.