FM

The Shift in PFI Contracts: What It Means for FM Project Management Professionals

April 22, 2025

As the government begins to step back from Private Finance Initiative (PFI) contracts, a major shift is underway in the Facilities Management (FM) landscape. With contracts now reaching their natural end, the responsibility for managing complex FM projects is increasingly being handed back to private providers. This transition is not just significant—it’s an opportunity. But it also comes with a challenge: the need for highly skilled project management professionals who can hit the ground running.

At Boden Group, our Project Management division is seeing a growing demand for experienced professionals to step into roles that require fast thinking, strategic oversight and results-driven delivery. Here’s why this change matters—and how FM project managers can position themselves to meet this evolving need.

The Shift in PFI Contracts: What It Means for FM Project Management Professionals 1

The End of PFI: What’s Happening?

PFI contracts were first introduced in the 1990s as a way to fund public infrastructure using private capital. Under these long-term agreements, private companies were responsible for designing, building, financing, and operating public facilities such as schools, hospitals, and government buildings.

Now, many of these contracts are approaching the end of their 25–30 year term. Rather than renewing or extending them, the government is returning ownership and management responsibilities back to FM providers. This handback process is complex, often involving large estates, intricate service agreements, and legacy systems that need careful navigation.

Why It Matters to FM Providers

As these contracts conclude, FM providers are being asked to step in and take full operational responsibility for assets that have often been managed externally for decades. This includes ensuring compliance, reviewing service delivery models, renegotiating supplier agreements, and establishing new ways of working—quickly and efficiently.

For FM providers, this is both a strategic challenge and a chance to take ownership of key infrastructure. But it’s not a job for generalists or on-the-job learners. It requires professionals who are already experienced, who understand the complexities of PFI handbacks, and who can bring a structured, solutions-led approach to delivery.

A Rising Demand for Skilled Project Managers

At Boden Group, we’re seeing a marked increase in demand for project managers with direct experience in PFI environments. 

Employers are telling us they need people who are:

  • Results-driven – focused on delivering outcomes, not just ticking boxes.

  • Process-led – able to work within tight frameworks and timelines.

  • Strategic thinkers – able to see the big picture while managing the detail.

  • Collaborative – excellent communicators who can align internal teams, suppliers, and stakeholders.

  • Fast and efficient – ready to step in and start adding value from day one.

This is not a time for “train as you go.” Organisations want to onboard professionals who bring immediate expertise, ensuring continuity, compliance, and long-term value.

5 must have skills for project managers - PFI Handback

what this means for you

If you’re a project manager with experience in FM or PFI, now is the time to showcase your skills. These transitions present opportunities to lead strategically significant projects with long-term impact. If you’re solutions-focused, enjoy structured environments, and thrive under pressure, your expertise is in high demand.

For FM organisations, this is also the time to invest in experienced talent. Trying to build capability from scratch risks delays, non-compliance, and missed opportunities. Bringing in professionals who already understand the process—and who can move fast—means smoother handbacks, more consistent delivery, and better long-term results.

how we can help

At Boden Group, we specialise in connecting skilled project management professionals with organisations that need them—fast. Whether you’re looking for interim support during a PFI handback or long-term leadership for a new phase of FM delivery, our team can help you find the right fit.

Let’s deliver results together.

Get in touch with our Project Management division to find your next opportunity—or your next hire.

Picture of Michael Stephens

Michael Stephens

Managing Consultant | Project Management Recruitment