Project Details

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Results Chart for Delivery Method and Financing

Delivery Method

DBOM Partially Public Finance
# of Projects: 1
100% of the Results

Background informationProject Created: August 5, 2009

Project Name: Oldham Sheltered Housing
Year in Operation: 2006
Sector: Buildings
Subsector: Other Government Building
Status: In Operation
Type: Substantial Alteration of Existing Facility
Description: The project consists of 1610 supported properties for retired citizens that will be reduced to 1453 after redevelopment and improvements. These improvements include increased accessibility, catering kitchens, offices, heating systems, security works, and call systems.
Delivery Method as described in the country where it's located: Public Private Partnership
Is the project still active: Yes
Comments: PFI

Project Locations

Address:
City: Oldham
State:
Country: United Kingdom of Great Britain & Northern Ireland

Souces of Project Support (Non-monetary)

Checkbox Checked Access to Land: The land is owned by the Crown government and the local government of Oldham Metropolitan Borough.
Checkbox Checked Revenue Stream (Cash Flow) Protected Through Long Term Commitment(s) of Public Sponsor(s): The private sector entity will operate and maintain the facilities for a concession period of 30 years.

Souces of Project Support (Monetary)

Checkbox Checked

From Public (Government) Sources to Producers: The project is financed by the Crown government.

Project Delivery & Finance Method

Project Delivery:
All Public Finance. Public Sponsor contracts for initial design, and separately contracts for initial construction. Public Owner operates and maintains the resulting facility.
Is there an independant checking engineer? Yes
Project Finance Method: All or Partially By Public Sponsor

Procurement Approach

Project Component
Qualifications
Based Selection
Request for
Qualifications
Request for
Proposals
Invitation
for Bids
Unsolicited
Proposals

Term for Key Components & Forms of Contract

Project Component
Years
Quarters
Combined Term: Initial Design, Construction, O&M Period
30
0
Forms
Description
 
 

Project Value (If and As Known)

Date of Estimated Project Value: October 20, 2006
Project Value
Hard Cost
Hard & Soft Costs
Construction
$100-250 Million US
(none)
Total
$500 Million - 2 Billion US
(none)

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