FM Contractor meaning

This Practice Note examines facilities management (FM) contracting, explaining what it involves and its advantages and disadvantages... A strategic approach to service provision FM contracting is, at heart, a commercial services contracting model, which may comprise: Hard FM – covering the upkeep and fabric of premises, such as mechanical and electrical systems Soft FM – covering support functions within a building, including cleaning, security and helpdesking Total FM – bundled packages that may integrate multiple hard and soft FM services The worth of FM contracting as a contractual mechanism is both economic and operational, enabling organisations to apply FM in strategic and tactical ways to reframe their own business activities... What makes FM different? FM is distinguished as a service sector by the binding contractual relationship between the FM contractor and the client, under which the contractor undertakes services that were traditionally delivered by the client itself. This makes FM agreements inherently complex, as they must address the...

This Practice Note explores the principal parties commonly engaged in a PFI or PF2 project. It outlines the functions of public sector participants, private sector counterparts, finance providers and sub-contractors, together with support providers and other professionals involved. In the 2018 Budget (delivered on 29 October 2018), the government confirmed it would cease using PF2 for new schemes (see News Analysis: Budget 2018—what does it mean for infrastructure and housebuilding?). Nonetheless, live PFI and PF2 arrangements remain in operation and, given the usual duration and lifespan of these schemes, are expected to do so for many years to come. Public Sector Authority/Trust This is the public sector organisation that originates and procures the PFI scheme in question and seeks to have the asset constructed and properly maintained (the label 'Trust' applies only to NHS schemes). The public body will typically be a local authority (including fire and rescue and (formerly) police authorities), an NHS Trust or a government department or non-departmental public body. The Authority/Trust enters into a...

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Hard FM Facilities management (FM) appointments are, in essence, commercial service contracting agreements. Hard FM refers to works tied to the upkeep and physical fabric of premises, for example landscaping, routine repairs, and mechanical and electrical systems maintenance. By contrast, Soft FM concerns in-building support functions such as cleaning, security, and helpdesk provision within a building. See subtopic: Facilities management for construction lawyers. Head contract This expression describes the overall agreement for the whole of the works and their delivery between the employer and the contractor, including circumstances where parts are let to sub-contractors by the contractor. It is commonly recognised as the head, or main, contract, clearly setting it apart from any sub-contracts...