You are here: Services > Car park management
Car Parking Management & PFI/PPP
What are PFI and PPP?
A Private Finance Initiative (PFI) is a type of Public Private Partnership (PPP). PPP is a generic term. It is used to describe a wide range of activities, including informal strategic partnerships and formal joint ventures, in which the public and private sectors work together, with varying levels of involvement and responsibility.
A PFI typically involves a more formal, long-term service contract between a public sector body and a private sector operator, often with support from central Government.
How is CP Plus involved?
CP Plus is working with a number of public sector organisations on both substantial and smaller PFI/PPP projects. On larger projects we can be a sole provider or a partner in a wider consortium.
We've been able to provide funding through this route for a range of services: the provision of multi-storey car parks, car park refurbishment, control rooms, CCTV systems, pay equipment, barriers, pay and display systems and parking management.
Thanks to such PFI/PPP ventures, our public sector clients are able to provide contemporary and value-for-money car park facilities, which they can be proud of.
Please click below to read our white paper discussing issues surrounding PFI and PPP. If you need the program to view the document you can download Adobe Acrobat Reader.
"...our public sector clients are able to provide contemporary, value-for-money car park facilities of which they can be proud."