Alternate Finance Program - Essay Example

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Alternate Finance Program

The AFP program, in Ontario, also aims at procuring private sector involvement in the Design, Build, Finance and long term Facilities Management (FM) of these new public projects. The AFP process introduced the concept of post construction operation of buildings, to the building industry, an area where they hitherto had no significant expertise. A salient difference between the UK model and the AFP in Ontario is a contractual prerequisite for buildings to be accredited in accordance with the parameters set out in the LEED set of guidelines, Leadership in Energy and Environmental Design. These are a set of target driven design standards for producing "Green" or sustainable buildings.
There is a swelling trend of looking at the outsourcing of non-core activities by a facilities management as an expert service provider. In this research, we would look at the hard facilities management; this expertise is discussed and provides credibility throughout this research as a fast emerging and strategic partnership role for FM professionals in building design development. The research details the existing roles and responsibilities of FM professionals and shows how they now must be merged into the design, build, finance areas along with their involvement in post construction process. ...Show more

Summary

The key global markets of The UK, The USA and Australian economy have throughout occupied the facilities management thinking. Each of these markets has their share to give, similar yet so distinguished, but the leader remains UK, particularly in the field of PPP…
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