Private developer scheme
A private developer scheme (PDS) is a form of public procurement in which the construction of a built asset is undertaken and funded by a private developer, but the asset is then occupied by the government, who pay rent to the developer for a minimum term under a leasehold agreement. The level of the rent is generally a function of the total development costs (including the land).
Private developer schemes are a form of partnering, which can sometimes involve the transfer of public land to a private developer. They are typically used to procure public buildings such as courts or hospitals. They are best suited to projects where the residual value of the development at the end of the lease is high.
Private developer schemes differ from private finance initiative (PFI) schemes in that the developer does not generally operate the completed development, and under PFI schemes, at the end of the lease, the development generally reverts to public ownership.
Private developer schemes may fall under the requirements of EU procurement rules. See OJEU for more information.
[edit] Related articles on Designing Buildings Wiki
- Crown build.
- Investment Property Databank (IPD).
- OJEU.
- Private finance initiative.
- Procurement route.
- Public private partnership.
- Public procurement.
- Public project definition.
- Types of development.
[edit] External references
Featured articles and news
Net zero electricity grids BSRIA guide NZG 5/2024
Outlining the changes needed to transition to net zero.
CIOB Global Student Challenge 2024
Universitas Indonesia wins for second year running.
New project and cultural district described in detail.
The nature of EPCs, crticism and inaccuracies.
History, issues and redesign.
From waste recycling to energy performance the hierchy.
An introduction to WERCS and WEEE responsibilities
Dealing with 2 million tonnes of waste equipment a year.
Global BACS Market: analytics and optimisation
A BSRIA glance at building automation and control systems.
What it is and how to use it.
Types of insulating plaster by binder and insulant.
Investors in People: CIOB achieves gold
Reflecting a commitment to employees and members.
Scratching beneath the surface; a guide to selection.
ECA 2024 Apprentice of the Year Award
Entries open for submission until May 31.
UK gov apprenticeship funding from April 2024
Brief summary the policy paper updated in March.
For the World Autism Awareness Month of April.