- Project plans
- Project activities
- Legislation and standards
- Industry context
Last edited 09 Jun 2014
Invitation to negotiate for PFI
The invitation to negotiate for private finance initiative (PFI) projects is equivalent to the invitation to tender for traditional contracts. It sets out the project particulars and the specific requirements for bids. It may be a development of the information pack if one was issued to potential bidders with pre-qualification questionnaires.
The invitation to negotiate might include:
- Letter of invitation to tender (or invitation to negotiate).
- Instructions to tenderers explaining the tender process.
- Form of tender.
- Form of contract, contract conditions and amendments.
- The timescale for the tender process.
- An explanation of how queries will be dealt with.
- The evaluation process and any evaluation criteria.
- Policy in relation to alternative or non compliant bids.
- Policy for providing feedback to unsuccessful tenderers.
- Draft contract (including the payment mechanism).
- Pre-construction information.
- Site waste management plan.
- An output-based specification describing the clients objectives for the project.
- A description of what is required in response to the invitation to negotiate (including any requirements for method statements)
- A pricing schedule.
NB. Private finance initiative projects are generally tendered after the project brief has been prepared, without the benefit of design. However if a smart PFI route is adopted a concept design will have been prepared and so the invitation to negotiate might include drawings and prescriptive or performance specifications.
 Find out more
 Related articles on Designing Buildings Wiki
Featured articles and news
The rainbow JCB will be making a welcome return to the London Build Expo on 23 and 24 October at Olympia.
An introductory article to external works - all activities carried out to the external environment of a building project.
With the clock ticking, RIBA say that a 'no deal Brexit' will be "disastrous" for the architecture profession.
The focus is generally on the lime binder, but the aggregate is actually the most significant element.
The importance of communication, collaboration and simplicity when planning construction projects.
New working group is set up to consider options for raising standards across the property agent sector.
BSRIA provide a top 10 list of recent legislation and guidance affecting buildings.
Record third-time winner of the RIBA Stirling Prize - our profile of one of the world's most celebrated architects.
Foster + Partner's London Bloomberg HQ building wins the 2018 Stirling Prize.
A release schedule is prepared if not all required information has been prepared or issued when the contract is executed.