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Sharing the scars of a P3 capital project

John Illingworth, Deputy CEO of Goodwin Development Trust, shares invaluable insights from his experience managing a P3 capital project at The Octagon. This discussion highlights common pitfalls, including assumptions about funding criteria, state aid regulations, and project management roles. Illingworth underscores the importance of proper planning, including engagement with key professionals such as valuers, contractors, and engineers. By sharing the mistakes that cost the organization £145,000 and nearly resulted in a Judicial Review, he emphasizes the need for vigilant oversight to ensure project success.

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Sharing the scars of a P3 capital project

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  1. Sharing the scars of a P3 capital project John Illingworth Deputy CEO ~ Goodwin Development Trust

  2. The Octagon –the villains

  3. Our initial considerations Does your project:- • Fit the funders criteria • Match • State Aid • Land • Planning permission • Cashflow • OJEU Good SPD fit Sure Start Cap and Rev N/A ! You need to own some New build/refurb It goes out first £3.8 M

  4. What do you know about building? • Who has delivered a £1M capital project before ? • Ask someone who has

  5. How do I appoint ... • Valuer • Contractor • Architect • Mechanical & Electrical engineers • Structural engineers • Quantity Surveyors • Clerk of Works • Lawyer

  6. What we did wrong • Assumed • Trusted • Believed honourable men • .......in hindsight

  7. What did that assumption cost? • £145,000 • And a threat of a Judicial Review It isn’t just cash that costs

  8. And then this happened

  9. And finally this

  10. And a final connection?

  11. But can you do it yes you can !

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