MAINTENANCE MANAGEMENT ELEMENTS DURING PROCUREMENT STAGE OF PRIVATE FINANCE INITIATIVE (PFI) CONSTRUCTION PROJECT: A PILOT STUDY

Many countries use the Private Finance Initiative (PFI) to build public projects to overcome issues such as a lack of financial resources and technologies. A PFI project can be highlighted as a long-term contract between the public and private sectors whereby the private sector is responsible for fi...

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Bibliographic Details
Published in:Malaysian Construction Research Journal
Main Author: Anuar M.H.M.; Ismail K.; Ali I.M.; Ariff M.I.M.
Format: Article
Language:English
Published: Construction Research Institute of Malaysia 2023
Online Access:https://www.scopus.com/inward/record.uri?eid=2-s2.0-85194547601&partnerID=40&md5=3715abf2c75e5c34729dfd0fa5c4996e
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Summary:Many countries use the Private Finance Initiative (PFI) to build public projects to overcome issues such as a lack of financial resources and technologies. A PFI project can be highlighted as a long-term contract between the public and private sectors whereby the private sector is responsible for financing, designing, constructing, operating, and maintaining throughout the concession period. Like PFI projects, the operation and maintenance stage are crucial because it has the most extended period in the PFI project. Even so, there is still inadequate adoption of maintenance elements during the early stage of the PFI project. This issue may lead to a negative impact, especially during the operation and maintenance stage. Therefore, maintenance management elements must be addressed, especially during the procurement stage. The procurement stage is advantageous in preparing contract and tenders. Thus, this study aims to identify the maintenance management elements during the procurement process of the PFI project. For this pilot study, a questionnaire survey was distributed to a maintenance practitioner, and the data gathered was analysed using Statistical Package for the Social Science (SPSS) software. The Cronbach Alpha value is taken for reliability analysis. As a result, the findings highlighted six elements of maintenance management that need to be addressed during the procurement stage, which are facility management, performance management, output specification, tender, structure and framework and finance. The tender element has the highest Cronbach alpha value. All these six elements are beneficial and can be used for future studies in both the public and private sectors. © 2023, Construction Research Institute of Malaysia. All rights reserved.
ISSN:19853807