Eversheds replaces A&O on French govt PPP work

Boris Martor

Eversheds has taken over the position of trusted ­adviser to the ministry from Allen & Overy (A&O). It was awarded the mandate from the ministry’s Agence Publique pour l’Immobilier de la Justice following a competitive tender.

The arrangement will see Eversheds advise on the structuring of 20 prisons and 10 tribunal PPPs across France, with a projected value of hundreds of ­millions of euros.
The newbuild programme is expected to help address France’s heavily overcrowded prison system, where institutions built to house around 50,000 inmates actually contain around a quarter more.

Eversheds PPP partner Boris Mrtor, who is leading an eight-strong team, said: “There’s a lack of capacity of prisons in France; they’re overcrowded and the government’s making a major investment to address this.”

The mandate will see Eversheds advise on all the structuring of the projects, document drafting and competitive dialogue ­negotiations dealing with the various project stages, including design, construction, regeneration, management and maintenance to financial close.

This is the first time ­Eversheds has worked with the ministry and the appointment comes after the firm advised France’s Ministry of Defence on the consolidation of its offices into a single headquarters on the edge of Paris.

A&O declined to ­comment.