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Inquiry status: Report published.
The committee reported on the Private Finance Initiative in July 2011, highlighting the absence of clear evidence of savings and benefits in PFI projects that were sufficient to offset the higher cost of private finance and the significant incentives to use PFI that were unrelated to value for money.
On the 5th December 2012, the Government concluded its review of the Private Finance Initiative ( PDF 202 KB) (PFI) and published details of a new approach to using the private sector in the delivery of public infrastructure and services, Private Finance 2 (PF2).
This inquiry will examine to what extent, the Government’s PF2 proposals address the concerns previously raised.
MPs question Paul Deighton, the Commercial Secretary to the Treasury and Geoffrey Spence, the Chief Executive of Infrastructure UK
Evidence will be taken from a range of investors and experts on 5 March
Additional written evidence
Select Committees carry out inquiries on areas ranging from the work of government departments to economic affairs. The results of these inquiries are public and many require a response from the Government.
Most, but not all, Select Committee inquiries are conducted as follows:
Not all inquiries result in a Report
Please note that electronic copies of written evidence MUST be provided in Word format. If a paper copy of evidence is submitted, it should be clearly printed or typed on single sides of A4 paper, unstapled. The Committee may refuse evidence received in any other formats.