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PFI/PPI


Tughans has an established PFI / PPP practice having advised the successful bidder for the first PFI project to be signed in Northern Ireland at the Royal Victoria Hospital.  Since then, the Projects team has been involved in the major PFI/PPP projects in Northern Ireland and has developed a completely integrated service advising on all aspects of projects and project finance.  Our experience ensures that we are well placed to advise bidders, sponsors, investors, government, local authorities and lending institutions.

Our team has advised both public and private sector clients including developers, contractors, authorities, operators and banks and financial institutions in a broad range of PFI / PPP sectors.

Since 1996, we have gained considerable experience in the health sector, acting for a number of local Health Trusts.  Recently, we acted as lead advisors for Altnagelvin Hospitals Trust in connection with the procurement of a pathology and laboratory service centre at Altnagelvin Area Hospital, Londonderry which reached financial close in June 2005.

We also have an established track record in the ICT, Education, Roads, Accommodation and Urban Regeneration sectors having secured advisory roles in Project Causeway (the Northern Ireland Civil Service e-HR project), Bangor and Comber Schools project, the Westlink Project (DBFO Roads Package One), Project Steps and Ilex Urban Regeneration Company Limited.

We have advised on all aspects of projects from the initial structuring and tendering process to the implementation of funding arrangements from traditional senior debt financing, to privately placed bond funding and publicly listed wrapped bond funding and financial close.

Through experience we have developed commercial approaches to the PFI/PPP process and know what is required to make a project bankable and deliverable within pressurised timescales.  Acting for a wide variety of clients has enabled us to develop a keen sense of the issues which are significant to each party involved in a PFI / PPP Project.

The Projects Team is supported by lawyers from specialist disciplines across the firm including corporate, employment, environmental & planning and commercial property enabling Tughans to offer seamless advice on a project to project basis.


Recent Experience


Contacts:

John-George Willis

Adrian O'Connell

Kerry McCorkell

 

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