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Inquiry status: Inquiry concluded, Report and Government Response published
In March 2011 the Treasury Committee announced an inquiry on the future of the Private Finance Initiative. The inquiry built on the work already done by the National Audit Office and the House of Lords Economic Affairs Committee.
The Committee concluded that Private Finance Initiative (PFI) funding for new infrastructure, such as schools and hospitals, does not provide taxpayers with good value for money and stricter criteria should be introduced to govern its use.
MPs also comment on recent progress and highlight ongoing areas of concern
MPs say PFI projects do not provide taxpayers with value for money
The Treasury Committee is calling for evidence on the future of the Private Finance Initiative, building on the work already done by the National Audit Office and the House of Lords Economic Affairs Committee
Report, together with formal minutes