Infralink offers a credible option to current practice by establishing tools that are balanced and transparent and work at a national level. The tools build off existing operating leases, valuations, case-law and data, so that they work in the real world. The Infralink team will review the tools on an annual basis so that they remain up-to-date and best practice.
A key part of the discussions between potential landlords and tenants will be the financial considerations. This should take account of the value of the asset, the burden on the landlord and any benefits the tenant is receiving. There are a few other things it needs to comply with too - the Electronic Communications Code 2017, subsidy control (formerly known as state aid) and a public bodies ‘best consideration’ obligation.
The Payment Guidance has taken all these elements into consideration for a variety of asset types across Scotland to provide a fair starting point to begin negotiations.
Consideration about subsidy control (formerly known as state aid) and public authority ‘best consideration’ requirements can be found in the Infralink Local Authority Note.