Governance structure
Private Finance Initiative Project Board
Constitution
Chair and Vice-Chair of the Authority, one other Member appointed by the Authority, Deputy Chief Executive and Monitoring Officer, Treasurer, Chief Constable, Deputy Chief Constable, Director of Resources and one representative from each of the three Staff Associations.
Purpose
The Project Board will set the objectives of the project and carry out the following functions:
- Recommend to the full Authority that approval be given to the Outline Business case prior to its submission to the Home Office
- Recommend to the Authority that approval be given to the Project Teams recommended short-list of bidders
- Recommend approval to Invitation to Negotiate (ITN) documentation, including the evaluation criteria and all contractual documentation
- Recommend to the Authority that approval be given to the Project Team’s recommended Preferred Bidder
- Recommend for the approval of the full Authority the Final Business case and that, subject to the confirmation of the necessary PFI credits, that the proposed PFI contract and related documentation be entered into
The Project Board will also be responsible for overseeing risk management and managing the political dimensions of the project.
Frequency
The Project Board will meet at least bi-monthly, and the meetings will be minuted by the Chief Executive’s office.