Overview

Passing facilities management risk and responsibility to a private sector contractor can lead to raised service standards, improved estate management data and better value for money. But you should approach the market with a clear commercial position on what is required in terms of contract scope and approach to risk transfer.

As a rule of thumb, the greater the risk transfer, the greater the cost. In these times of spending cuts and estate rationalisation, how do you balance service improvement and risk transfer against increased costs?

This guide from Nabarro outlines what you need to know.