Our services for the healthcare sector
Consultancy
- Bid Development and Strategy
- Project Management
- Clinical Strategy
- Business Case Development
- Procurement Advice
- Healthcare Planning
- FM Strategy
- Mobilisation and Commissioning
Portfolio Management
Technical Services
- Construction Supervision
- Whole Life Solutions
- Due Diligence
- Clinical Service Reviews
- FM Reviews
- Value Testing
Technical Services
Value Testing
Value testing in PFI contracts, whether by market test or benchmarking involves significant financial, contractual and operational risks for project parties. HCP can help private or public-sector clients to minimise such risks and ensure Value for Money.
HCP has directly managed market testing and benchmarking within PFI deals and we understand the risks and issues that can arise from merely following contractual provisions. We know that value testing exercises are projects in their own right, which need experienced management to be successful.
We have a proven track-record of delivering value testing projects within PFI contracts and can provide our clients with the tools and experience necessary to deliver auditable Value for Money outcomes. Our experience has been instrumental in the development of the framework underpinning the Code of Practice on Market Testing and Benchmarking in PFI released by the Treasury in 2006.
We offer a range of services to public-sector clients, investors and project companies, including:
- Pre-exercise reviews and risk analyses.
- Strategic workshops for clients and Project Companies.
- Due diligence of contracts and processes.
- Market reviews and cost analyses.
- Oversight of value testing exercises.
- Project management of value testing exercises.
