Due to aggressive cost-cutting measures, P3 projects are becoming a way of life in the United Kingdom—especially in the defense sector. To date, the Ministry of Defense has established close to 50 P3 initiatives to help support their public sector initiatives. One key application has been in the building of accommodations. The largest of these is the £2.2B redevelopment of Colchester Garrison, home of the 16th Air Assault Brigade.
KPMG was able to help guide the 35-year deal in which the contractor is responsible for major new builds on the site, including the workshops, training facilities, recreation facilities, administration blocks and accommodations that serve the garrison’s 3,500 military and 700 civilian personnel.
The major advantage: The risks associated with design and construction, ongoing maintenance and financing is transferred from the Ministry of Defense to the private parties.
KPMG is committed to helping public sector organizations build success through their P3 initiatives. Using our global experience, our understanding of the unique challenges of the public sector and in-depth knowledge of the military, we’re ready to help the defense organizations such as the US Department of Defense meet their budgetary requirements while achieving greater value on their investments.
Helping the UK Ministry of Defense redevelop Colchester Garrison is only one example of the types of initiatives in which KPMG’s P3 team has played an important role. From building accommodations to supplying and maintaining equipment to providing training and utilities, KPMG has helped defense organizations around the world. Some recent examples include:
Public-private partnerships, or P3s, have nearly a quarter-century track record of delivering infrastructure and services for public sector agencies worldwide.