Greater Nottingham LIFT

Project

 

  • The Greater Nottingham Local Improvement Finance Trust (LIFT) is an initial 10 year development programme.
  • Faithful+Gould is appointed as a technical advisor to the Nottinghamshire PCTs and other public bodies of this partnership.
  • We provide a range of support services, from inception in 2003, through the first tranche of financial close arrangements in 2005 and then continuing technical and financial support on the further tranches.
  • Our role has also been extended to provide services for commissioning, forward budgeting, building monitoring and facilities and operational management support.
  • We are providing the technical advice on this commission including but not limited to Project Management, Life Cycle Costing and Facilities Management.

 

Greater Nottingham LIFT

The Approach

 

  • Applying programme management techniques, gaining a thorough understanding of the project objective and the interdependencies between the many stakeholders and ensuring effective co-ordination of the project(s).
  • Ensuring effective governance of the project; accountability and responsibilities.
  • Ensuring a thorough understanding of the long term strategic goals of the stakeholders.
  • Ensuring good project management skills are applied to the roles and responsibilities of the stakeholder leads, the organisational structure and reporting processes to deliver the required outcome.

 

The Challenge

 

  • The learning curve for a new form of procurement. Advising our client appropriately and reviewing as the process developed.
  • Working with multiple stakeholders.

 

Outcome

 

  • To date ten buildings have been completed from 1000m2 to 8000m2. The buildings are Joint Access Centres providing Health and Social Services Centres to the community.
  • Future Projects: Three Schemes are currently going through the initial stages of design and approval leading to financial close in early 2009.
  • The initial development programme is for 10 years with a lease term of 25 years.