Lancashire Care NHS Foundation Trust
We supported Lancashire Care NHS FT to procure the first SEP in the NHS. The JV formed between Lancashire Care and Ryhurst is Red Rose Corporate Services LLP (Red Rose).
What we did that was special
We have assisted Red Rose to deliver a capital Project known as The Harbour Scheme, a 154 bed inpatient unit in Blackpool. We have also supported Red Rose in their termination of the Trust’s Contract with NHS Property Services Limited for FM services (ahead of the replacement of the NHSPS contract by a better value for money alternative), and we have given advice where necessary to support space utilisation initiatives.
We have supported Red Rose to develop PFI premises on two occasions. The first variation was to create an 18–bed inpatient unit at the Pathfinders in Lancaster and the second one was to create a new CAMHS facility in Preston.
In each case it has involved intricate variations to the PFI scheme, including supplemental agreements to both the Concession Agreement between the Trust and Projectco, and the Services Agreement between Projectco and the FM Services Provider, as well as collateral warranties. The key to the negotiations has been to satisfy the requirements of Projectco’s funder and to prevent Projectco from seeking to transfer risk back to the Trust.