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27 May 2005

Mott MacDonald wins top award at Public Private Finance Awards

Mott MacDonald was named best technical advisor at the Public Private Finance Awards 2005 held at The Grosvenor House Hotel in London on Tuesday 24 May. It was also a member of the best public sector project team which won the award for the Leeds Teaching Hospitals NHS Trust PFI and worked on both the Brighton and Hove Jubilee Library, which won operational project with the best design and the MoD main building, which won best operational defence scheme.

Mott MacDonald’s success at the awards is down to its 100 plus private finance specialists and a portfolio approaching 200 PPP schemes. The company operates in sectors as diverse as transportation, water, energy, buildings, telecommunications, healthcare and education and is working on some of the biggest schemes in the UK including Birmingham City Council’s £2.5 billion transport infrastructure refurbishment PFI and Skynet 5, a £2.5 billion project involving delivery of two new satellites and transfer of ownership of the existing Skynet 4 system, which provides military satellite communications to the UK armed forces, from the Ministry of Defence to Paradigm Secure Communications Limited under a PFI structure covering a 15 year concession period.

In the highway sector Mott MacDonald introduced the first management and maintenance PFI, the £250 million Portsmouth City Highways Management and Maintenance scheme, which reached commercial and financial close in October last year and began operations early this year. For the Portsmouth scheme Mott MacDonald introduced a number of innovative ideas to help measure performance including applying a performance specification to maintenance works, creating condition indicators to give objective and comparable indices to monitor the performance of the network, and using the Transfer of Functions legislation to reassign duties and risk. This model is now being adapted for similar UK and international projects.

As part of the Leeds Teaching Hospitals NHS Trust team which is helping deliver the new Oncology Wing, Mott MacDonald was instrumental in the overall project management of the procurement process and helped structure a ground breaking deal that included significant medical equipment for the first time.

Commenting on the company’s success at the Awards Chris Ecob, who heads up Mott MacDonald’s PFI business said, “We’re delighted to have won the best technical advisor award for the first time and to have been part of the successful teams in other areas. It’s a tribute to the technical skill and expertise of our project finance specialists who are helping deliver some very big and complicated schemes both in the UK and elsewhere.”

Ends

Note to editors
The Public Private Finance Awards, organised by Centaur Holdings plc one of the UK's largest independent business publishing and information companies, are an annual celebration of achievements in the delivery of public facilities and services and the largest and most prestigious event of the PPP calendar. Attended by over 1000 key industry figures from the public and private sectors, the awards recognise and reward those projects and teams that are making a real difference in and to our local communities.
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