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Facility management: future opportunities, scope and impact

Facility management: future opportunities, scope and impact UK's PFI (Private Finance Initiative) in the public sector has introduced radical innovations in the ways that new facilities and ongoing support services are financed. Fundamental changes in the concepts of business accommodation and service delivery are also under way, in which property is coming to be viewed as a business service rather than as a financial asset, helping to free core business capital while reducing the costs and increasing the quality of support service delivery. The diversification of the rules governing the property market, coupled with an increasingly sophisticated range of outsourcing arrangements, promises to provide a much greater variety and more flexible set of business support environments for the future. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Facilities Emerald Publishing

Facility management: future opportunities, scope and impact

Oliver Jones
Facilities , Volume 18 (3/4): 5 – Mar 1, 2000
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Publisher
Emerald Publishing
Copyright
Copyright © 2000 MCB UP Ltd. All rights reserved.
ISSN
0263-2772
DOI
10.1108/02632770010315689
Publisher site
See Article on Publisher Site

Abstract

UK's PFI (Private Finance Initiative) in the public sector has introduced radical innovations in the ways that new facilities and ongoing support services are financed. Fundamental changes in the concepts of business accommodation and service delivery are also under way, in which property is coming to be viewed as a business service rather than as a financial asset, helping to free core business capital while reducing the costs and increasing the quality of support service delivery. The diversification of the rules governing the property market, coupled with an increasingly sophisticated range of outsourcing arrangements, promises to provide a much greater variety and more flexible set of business support environments for the future.

Journal

Facilities – Emerald Publishing

Published: Mar 1, 2000

Keywords: Fixed assets; PFI

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