Private Finance 2

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 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.



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