Proven Delivery Models for LED Public Lighting : Public-Private Partnership Delivery Model - Birmingham, United Kingdom
Birmingham’s light-emitting diode (LED) street lighting project is a small but integral component of a larger, innovative public-private infrastructure modernization effort - the Birmingham Highway Maintenance and Management Private Financing Initi...
| Main Authors: | , , , |
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| Format: | Working Paper |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2016
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/209571477927989749/Proven-delivery-models-for-led-public-lighting-public-private-partnership-delivery-model-Birmingham-United-Kingdom http://hdl.handle.net/10986/25348 |
| Summary: | Birmingham’s light-emitting diode (LED)
street lighting project is a small but integral component of
a larger, innovative public-private infrastructure
modernization effort - the Birmingham Highway Maintenance
and Management Private Financing Initiative (HMMPFI) which
the Birmingham City Council (BCC) signed with Amey plc on
June 7, 2010. The modernization is being done under the PFI
framework, which was created by the United Kingdom (UK)
government to increase the availability of private financing
for capital projects, and to transfer risk to the private
sector through joint ventures and leasing agreements. The
government has established a clear framework and tools
around the PFI in England, including a standard form
contract (the Standardization of PFI contract, or SoPC) that
is mandatory for public sector use when creating PFI
contracts. In the case of Birmingham, the private and public
sectors came together in a partnership using private money
to fund construction upgrades of the city’s infrastructure
system according to set specifications. The partnership also
included maintenance of the infrastructure for the remainder
of the contract. Other entities, such as utilities, continue
to have access to the asset to maintain their specific
infrastructure within the public private partnership (PPP). |
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