Leisure Investment

Posted by Penny Rinta-Suksi on
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).

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Leisure investment

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Penny leads Blake Morgan's Local Government England team with over 16 years’ experience in advising private sector clients, funders and local government on major projects and commercial contracts.

Penny Rinta-Suksi
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