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

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Presentation on theme: "Sharing the scars of a P3 capital project John Illingworth Deputy CEO ~ Goodwin Development Trust."— Presentation transcript:

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 !


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