Welsh Government MIM portfolio £1.39 bn (Velindre £300 m Apr 2027), MIM Wales + NPD Scotland legacy, Cabinet Office PPN + HM Treasury Green Book.
UK PPP public-buildings programme workforce against Balfour Beatty Investments (BBI; Balfour Beatty plc PPP arm), Bouygues UK (PPP / regional delivery; Rosedale Hayes redevelopment £51 m; Cambridge Children's Hospital), VINCI Concessions UK, Morgan Sindall Investments (PPP arm of Morgan Sindall Group plc), and Tilbury Douglas (formerly Galliford Try Construction post-2020 demerger; PPP delivery) — Velindre Cancer Centre Cardiff £300 m MIM project (most sustainable hospital in the UK; opening April 2027; complies with Well-being of Future Generations Wales Act 2015) + A465 Heads of the Valleys Sections 5 & 6 (Wales MIM) + Sustainable Communities for Learning schools (Rhondda Cynon Taf + Flintshire MIM education). Welsh MIM portfolio capital value £1.39 bn (July 2022 publication). HM Treasury Green Book + Cabinet Office PPN. PFI new-projects pipeline ended 2018; legacy PFI + MIM (Wales) + NPD (Scotland) are live PPP families.
Request Technical BriefingRegulator exposure profile
- HM Treasury Green Book + Cabinet PPN26%
- MIM Wales + NPD Scotland frameworks26%
- CDM 2015 + BSA 202224%
- Sponsor Licence + Skilled Worker24%
Welsh MIM 15% public-equity model + HM Treasury Green Book.
UK PPP-family lifecycle: MIM (Wales) with 15% public-sector equity stake via Development Bank of Wales; NPD (Scotland) profit-distributing variant; legacy PFI. Velindre Cancer Centre £300 m benchmark.
- 01 T-36mo
Procurement
Welsh Government / Treasury Green Book + Cabinet Office PPN
- Green Book
- PPN
- 02 T-24mo
Award
MIM / NPD / legacy PFI consortium
- MIM / NPD
- 03 T+0
Build phase
Velindre + A465 + schools delivery
- CDM 2015
- BSA 2022
- 04 T+24mo
Operate & maintain
25-30 yr FM phase
- Wales Future Gen Act 2015
- 05 T+30y end
Handover
Asset transfer to public sector
- Welsh Government
Named projects in this jurisdiction
- Velindre Cancer Centre Cardiff (Welsh Government MIM project £300 m; "most sustainable hospital in the UK"; opening April 2027; complies with Well-being of Future Generations (Wales) Act 2015) Welsh Government + MIM consortium 2027
- A465 Heads of the Valleys Sections 5 & 6 (Wales MIM) Welsh Government + MIM consortium
- Sustainable Communities for Learning schools — Rhondda Cynon Taf + Flintshire (Welsh Government MIM education) Welsh Government + MIM consortium
- Balfour Beatty Investments (BBI; Balfour Beatty plc PPP arm) + Bouygues UK (Cambridge Children's Hospital + Rosedale Hayes redevelopment £51 m) + VINCI Concessions UK + Morgan Sindall Investments + Tilbury Douglas BBI + Bouygues UK + VINCI + Morgan Sindall + Tilbury Douglas
UK PPP families: legacy PFI (new pipeline ended 2018) + MIM Wales (15% public-equity; £1.39 bn portfolio) + NPD Scotland. Anchors: Velindre Cancer Centre £300 m Apr 2027 (most sustainable hospital UK) + A465 + Sustainable Communities Learning. Primes: BBI, Bouygues UK, VINCI, Morgan Sindall, Tilbury Douglas.
01. Pre-pricing — CSCS + CIS + Welsh Future Gen Act 2015
CSCS card per worker. CIS withholding. Wales-specific Well-being of Future Generations Act 2015 sustainability compliance per Welsh MIM project.
02. Sponsor Licence + Skilled Worker + MIM/NPD documentation
Sponsor Licence + Skilled Worker £41,700. MIM (Wales) or NPD (Scotland) contract documentation per project.
03. HM Treasury + Welsh Government + Cabinet PPN onboarding
HM Treasury Green Book appraisal compliance. Welsh Government / Cabinet Office PPN procurement reconciliation.
04. HMRC + HSE-defensible evidence pack
Minimum pack: UK-bank-traceable remuneration, English-language CoS + contract, CIS statements, CITB returns, CSCS card, Wales Future Gen Act 2015 sustainability documentation where applicable.
05. India and Gulf sourcing corridors — the UK PPP/MIM pathway
Indian Larsen & Toubro Construction + Gulf Saudi Binladin / Six Construct pools. The 8 to 14-week corridor delivers CSCS + Sponsor Licence-eligible candidates against Velindre Cancer Centre, A465 MIM, or English/Scottish legacy PPP scopes.