Region: Europe and Central Asia (ECA)
Country: United Kingdom
Sectors: Energy and Power
Topics: Financing and Risk Mitigation
Keywords: Contractual Provisions, Energy and Power PPPs **, PPP Online Reference Guide **, PPP Reference Guide, PPP Basics ***, PPP Cycle ***
DocumentLink(s):
Document Summary:
On this page you’ll find the new version of standard wording and guidance to be used by public sector bodies and their advisors when drafting PF2 contracts.
Document Details:
Standardisation of PF2 Contracts (SoPC) (December 2012)
This version of standard wording and guidance is to be used by public sector bodies when drafting PF2 contracts. It reflects the new model of contracting for projects for the delivery of infrastructure and services using public private partnerships and replaces “Standardisation of PFI Contracts” (Version 4 issued in March 2007).
- Standardisation of PF2 Contracts (December 2012) (PDF 3MB)
- PF2: A user guide (PDF 391KB)
- Enforcement letter (to follow)
Supporting guidance and information
- A New Approach to Public Private Partnerships (December 2012) (PDF 1MB)
- Data Handling Review and SoPC 4 (PDF 83KB)
This note provides guidance on the implementation of the OGC Procurement Policy Note of 26 November 2008: Data Handling Review - Mandatory application of security procedures in contracts. - Change Protocol Principles - August 2007 (PDF 156KB)
This paper provides information on the principles and procedures which PFUs and Authorities may wish to consider when producing their own variation provisions to comply with the requirements of SoPC4. It is intended as an aid to help Authorities consider relevant issues.
Historical documents
- Standardisation of PFI Contracts (SoPC) version 4 complete (PDF 1.4MB)
- Related standard form PFI contracts
Sector standard form private finance contracts. - Technical update 2010 (PDF 429KB)
This update sets out the ongoing framework for the scrutiny and approval of PFI and PF2 contracts (see section 2 and Appendix B of the document).
Related Resources
The Treasury provides guidance on a number of topics. This includes the publication A new approach to Public Private Partnerships and Standardisation of PF2 contracts (December 2012) and guidance on assessing the value for money of privately financed projects, as well as finance, procurement and contract management.
- Procurement and contract management
- Standardised contractual guidance
- Finance guidance
- Budgeting and accounting for PPP arrangements
- Value for money assessment for using private finance
- Archived guidance
Tracking Number: StandardisationPF2Contracts_2012_English
UK. 2012c. Standardisation of PF2 Contracts: Draft. London: UK Government, HM Treasury. [#1258]
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Updated: June 2, 2022