Mill Asset Management - a specialist PFI asset manager

Public Sector Services

Operational Support

  • Briefing staff on PFI contract structures and the best approach to ensure the smooth running of projects. This is particularly beneficial shortly prior to first occupation of new PFI facilities or at times of staff turnover.

  • Helping those involved to understand precisely what level of service they are contractually entitled to, and, on an ongoing basis, how to monitor service delivery.

  • Ensuring that there is the correct financial compensation when there is poor service or facilities are temporarily unavailable.

  • Ensuring that any costs for additional services or equipment are demonstrably fair and reasonable.

  • Providing support for less frequent contractual events, such as benchmarking of costs, capping of utilities charges, energy efficiency and changes in law.

  • Providing experienced support to help to resolve diplomatically any issues that might arise with the PFI Service Providers.

  • Carrying out spot audits to ensure that Health & Safety, fire and other statutory obligations are being fulfilled.

  • Carrying out audits of hard FM compliance

  • Providing written reports on any of the above services as required for public sector audit purposes.

Financial Advisory

  • Financial monitoring of PFI contracts

  • Validation of Financial Model changes arising from:

  • Indexation

  • Benchmarking

  • Variations

  • Insurance premium adjustment and sharing

  • Verification of annual Unitary Charge

  • Procurement and monitoring of Managed Equipment Services

 

These services will provide a full audit trail of contract compliance and value for money.

Mill Asset Management Group Ltd is registered in England and Wales with reg no 6836081. Registered Office: 3 Tenterden Street, London W1S 1TD
Telephone: 020 7318 9950 ● Email:

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