We have a wide range of experience in public and private partnerships, from joint ventures to deliver a programme of developments, to project-specific partnerships with NHS Trusts and GPs. When we are asked to work in partnership, we use our expertise to deliver innovative solutions and commercial benefits to our partners and clients.

Strategic Estates Partnerships

What is a SEP?

Strategic Estates Partnerships (SEPs) are joint ventures between NHS Trusts and private sector organisations, offering the NHS a new way to unlock the potential of its estate.

By combining the expertise and resources of the public and private sector, these long term partnerships enable Trusts to accelerate the process of aligning their estates and facilities with strategic aims, while improving the patient experience, optimising efficiency and seizing commercial opportunities.

Prime’s understanding of health economies, service modelling, operational requirements and public sector accounting means it brings a complete range of skills and solutions to a partnership – from property and commercial knowhow to access to flexible and affordable private finance.

The benefits of a SEP

With NHS Trusts facing greater pressures from increased demand and reduced access to capital funding, SEPs are a means of financing and developing new facilities to increase the pace of transformation.

As well as generating savings and efficiencies, they also offer Trusts the opportunity to find new ways to earn income from their estate, which can then be reinvested into frontline services.

Whatever the driver behind a SEP partnership, they offer a number of key benefits:

  • Supports a Trust’s existing estates team, adding capacity and commercial skills
  • Providing access to private finance without losing flexibility or control
  • Offers flexible procurement and contracting options to suit each and every project
  • Utilises private sector expertise to facilitate infrastructure improvements, enabling Trusts to focus capital investment on patient care
  • The ability to deliver change at pace
  • An opportunity to create new revenue streams
  • Creating and delivering an estates masterplan as part of wider strategic transformation
  • Drives efficiency and creates savings through improved utilisation and facilities management
  • Offers fully considered solutions to reduce risk and cost
  • Integrates local health and social care for patient benefit
  • Appropriate risk and reward sharing

Interserve Prime

With a focus on healthcare and a shared partnership ethos, Prime is working in a joint venture with international support services and construction group Interserve to create long term estates partnerships with NHS Trusts. To find out more about Interserve Prime and what its partnerships are delivering for the NHS, please visit the Interserve Prime website.

Further Examples of Prime’s partnership working

Joint Ventures

Local Improvement Finance Trusts (LIFT) – Prime is the joint investment and development partner of two Local Improvement Finance Trusts which have delivered twenty-nine operational schemes in the West Midlands:

  • BaS LIFT, which serves Birmingham and Solihull
  • Prima 200, which serves Staffordshire

We’re proud to be part of a programme that continues to raise the standard of health and social care infrastructure for so many communities. Our LIFT buildings are designed to meet an increasingly wide range of community needs with health services often co-located with other public services and commercial tenants. Developments can include pharmacies, shops, extra care accommodation and more.

Frameworks

Private Investment Construction (PIC) Framework

Prime’s healthcare development expertise, which spans more than 20 years working at the forefront of the sector, includes a wealth of experience in supply chain management, ensuring an open and transparent approach on each and every project. Having delivered goods and services for the NHS and a range of other public sector clients, Prime’s experience and knowledge is focused on improving value for money and delivering projects on time, within budget and to the highest quality standards.

The Private Investment Construction (PIC) Framework was launched by Prime in May 2017 and is a ready-made construction framework for the NHS and other public sector bodies, providing a mechanism for bringing private sector investment into new build and refurbishment projects. Sponsored by strategic estates partner, Yeovil District Hospital NHS Foundation Trust, it opens up access to vital sources of private funding for new facilities and estate improvements, while transforming environments for patients, visitors and staff.

To find out more about the benefits of the PIC Framework, please visit the website at www.picframework.com.

 

National Framework for Total Car Park Solutions

Working with VINCI Construction UK, Prime has secured a place on the National Framework for Total Car Park Solutions. Managed by procurement specialists, Pagabo, and sponsored by Northumberland Tyne and Wear NHS Foundation Trust, the four-year Framework will simplify procurement and provide the public sector with a quick and efficient route to car park development and funding.

Appointed to Lot 1 (the provision of car park design, build and finance), Prime will provide access to development expertise and value-for-money private funding for new car park projects, unlocking site-wide development opportunities and ensuring an improved experience for patients, visitors and staff.