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:
- The owner is central and leads the enterprise, defining long-term value.
- Suppliers and advisors have direct relationships with the owner.
- An ‘integrator’ actively engages and integrates all tiers of the market.
- The key suppliers, owner, advisor and integrator work as one team to optimise value.
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:
- Lead the financial strategy.
- Realise the financial benefits/return on investment.
- Approve the business case and delivery strategy (in conjunction with the owner).
- Agree the value outcome with the owner through the business case (in conjunction with the owner).
- Respond to external environment/risks.
- Develop policy and strategic plans.
- Define value and non-asset outcomes expected from the investment (e.g. socio-economic benefits expected) in line with the corporate responsibilities in Section 172 of the Companies Act for Private Sector Investors.
- Develop a highly aligned (and longer-term) relationship with the owner.
Ref: P13 Blueprint, Institution of Civil Engineers, May 2018.
[edit] Find out more
[edit] Related articles on Designing Buildings Wiki
Featured articles and news
Professional practical experience for Architects in training
The long process to transform the nature of education and professional practical experience in the Architecture profession following recent reports.
A people-first approach to retrofit
Moving away from the destructive paradigm of fabric-first.
International Electrician Day, 10 June 2025
Celebrating the role of electrical engineers from André-Marie Amperè, today and for the future.
New guide for clients launched at Houses of Parliament
'There has never been a more important time for clients to step up and ...ask the right questions'
The impact of recycled slate tiles
Innovation across the decades.
EPC changes for existing buildings
Changes and their context as the new RdSAP methodology comes into use from 15 June.
Skills England publishes Sector skills needs assessments
Priority areas relating to the built environment highlighted and described in brief.
BSRIA HVAC Market Watch - May 2025 Edition
Heat Pump Market Outlook: Policy, Performance & Refrigerant Trends for 2025–2028.
Committing to EDI in construction with CIOB
Built Environment professional bodies deepen commitment to EDI with two new signatories: CIAT and CICES.
Government Grenfell progress report at a glance
Line by line recomendation overview, with links to more details.
An engaging and lively review of his professional life.
Sustainable heating for listed buildings
A problem that needs to be approached intelligently.
50th Golden anniversary ECA Edmundson apprentice award
Deadline for entries has been extended to Friday 27 June, so don't miss out!
CIAT at the London Festival of Architecture
Designing for Everyone: Breaking Barriers in Inclusive Architecture.
Mixed reactions to apprenticeship and skills reform 2025
A 'welcome shift' for some and a 'backwards step' for others.