1. Sharing the scars of a P3 capital project John Illingworth Deputy CEO ~ Goodwin Development Trust

2. The Octagon –the villains

3. Our initial considerations Does your project:- Fit the funders criteria Match State Aid Land Planning permission Cashflow OJEU Good SPD fit Sure Start Cap and Rev N/A ! You need to own some New build/refurb It goes out first £3.8 M

4. What do you know about building? Who has delivered a £1M capital project before ? Ask someone who has

5. How do I appoint... Valuer Contractor Architect Mechanical & Electrical engineers Structural engineers Quantity Surveyors Clerk of Works Lawyer

6. What we did wrong Assumed Trusted Believed honourable men.......in hindsight

7. What did that assumption cost? £145,000 And a threat of a Judicial Review It isn’t just cash that costs

8. And then this happened

9. And finally this

10. And a final connection?

11. But can you do it yes you can !