Decision

1. 1.    Noted the Council's current contractual and commercial position in relation to the PFI Highways Maintenance Contract and to note the contract ends on 31 March 2030.
2. 2.    Noted the appointment of a dedicated team within the Infrastructure Service to support the Council in its duties to administer the contract, the appointment of a PFI Expiry and Future Services Strategic Lead officer and to inform Councillors of the duties of this role.
3. 3.    Noted Portsmouth City Council received a top "Green" rating under the Department for Transport's (DfT's) 2026 PFI Expiry "Health Check". This reflects a strong position of readiness across contract and asset management, stakeholder relationships, commercial preparation and future services planning.
4. 4.    Approved and endorses the proposed approach being taken to planning and implementing PFI Expiry and Future Services programme.
5. 5.    Noted the proposed cross party engagement approach with Councillors, which will commence following approval of this report through the Cabinet Member for Transport.