Examples of PFI Contractor in a sentence
The Hard Facilities Management Services will be provided by the PFI Contractor from the opening of the school on 1 September 2012 until the expiry of the contract on 31 August 2034.
B Save to the extent that any of the Academy Trust's obligations are the responsibility of the PFI Contractor (whereupon the Academy Trust must use reasonable endeavours to procure the PFI Contractor’s compliance with its obligations under the Project Agreement), the Academy Trust must keep the Land clean and tidy and make good any damage or deterioration to the Land.
For the PF2 scheme the Council has no contractual relationship with either the school or the PFI Contractor.
The PFI Contractor bears the risk of any delays to the construction programme (with the exception of any agreed compensation events).
The interest rate charged to the PFI Contractor broadly comprises two elements: The underlying interest (swap) rate; A profit margin charged by the Senior Funder.