The road to PFI partnership

摘要

Colas operates the first UK highways maintenance and management PFI contract for Portsmouth City Council, with a total value of £500 million over 25 years.The initial core investment period ran for the first five years of the contract and was successfully completed in June 2009; the contract is now two years into the 20-year maintenance and life-cycle replacement stage. "During the core investment period we took on the network and brought it up to a good condition. That does not just apply to the carriageways but the footpaths and streetlights too," says Ensign Highways managing director Brian Hicks. Ensign Highways is the special purpose vehicle that was created to negotiate the contract for and be awarded the Portsmouth PFI project.