In the past, Central Government has had money to invest in a private finance initiative (PFI) programme to design, build, operate, maintain and finance new leisure facilities.
Interesting, because although leisure is not a mandatory service this meant it was getting better treatment than some of the country's failing infrastructure required for services that are mandatory. Even more interesting: as budgets were squeezed, the leisure service was not ditched. Instead, interest grew in how this model could work on a self-funded basis. Hence the arrival of the ‘design build operate and maintain’ contract (DBOM).
Click here to read the full article.