Last edited 17 Feb 2021

Infrastructure investor

Project 13 is an Institution of Civil Engineers (ICE) - led initiative to boost certainty and productivity in the delivery of infrastructure, to improve whole-life outcomes and to support a more sustainable, innovative, highly-skilled industry. It is a response to a general perception that the infrastructure sector’s current operating model is broken, with projects delivered over budget, over time and below par.

Project 13 proposes an 'enterprise model' rather than a traditional construction programme model in which:

Project 13 defines an infrastructure 'investor' as:

The organisation(s) that reviews the infrastructure programme for viability, secures funding and dictates policy on how finance will be secured. They also contribute to the definition of value with indirect benefits such as socio-economic outcomes.

It suggests that the responsibilities of the ‘investor’ are to:

Ref: P13 Blueprint, Institution of Civil Engineers, May 2018.

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