In a climate where our public sector partners are challenged to ‘do more with less’, and to make savings without compromising existing standards of care, LIFT is ideally placed to support the drive for efficiency savings.

 

To support the LIFT community, The LIFT Council has developed a comprehensive package of commercial opportunities, allowing individual LIFT projects to ensure best practice and best value for money.

 

This package of offers is available for LIFTCos and affiliate members to subscribe to, and features the following:

 

LIFTCo commercial offer

 

·         Quarterly benchmarking report: based on data received from our members, the LIFT Council produces a quarterly report outlining the following as measure of value for money:

o   Overall price per m2

o   Construction cost per m2

o   FM & Lifecycle Costs

o   Operating Costs

o   Senior Debt Margins

o   Blended Post Tax IRR

o   SWAP rate

·         Insurance: Through its industry contacts, the LIFT Council has secured favourable insurance offerings for members with the potential to offset their annual membership fees.

·         A quarterly market update based on a survey of LIFT Council members

·         A quarterly update on policy briefings and research

 

The LIFT Council also operates an online commercial exchange, containing the details of leading service providers recommended by our members which is accessible to everyone.  To visit the commercial exchange, click here.

 

Our affiliate members are also able to subscribe to a version of the above commercial package, featuring quarterly marketing and policy analyses.

 

For further information, please contact Janine.Williams-Silvera@theliftcouncil.org.uk.

 

“Through the LIFT Council service offer we have been introduced to an excellent insurance broker service and accepted an offer to review of all Guildhouse’s existing LIFT and PFI insurance policies.

 

“We have been delighted with the professionalism and service offer we have experienced so far. In advance of the completion of our review we tested the pragmatism of the offer by requesting a renewal quote on an established PFI health project.  The insurance requirements needed to completely align to obligations within a complex suite of Project Agreement documents. We have been thoroughly impressed that our new Broker not only quickly fully complied with this process but with expert knowledge upgraded the level of cover to be fully compliant with the latest guidance and ultimately provided us with a much better insurance package.

 

“The very, very impressive part was they also significantly reduced our premiums from the previous year and have also now delivered exactly the same level of value on a group of five LIFT buildings.”

 

Stephen Oswald, Director, Guildhouse Investment Management