PFI backed by four out of five Whitehall buyers_3
18 July 2012
More than 80 per cent of central government bodies believe they get better value for money from using the private finance initiative (PFI) for building projects than traditional methods.
In the National Audit Office’s first major review of PFI, 72 per cent of authorities and 80 per cent of contractors say their relationship is good or very good.
The survey, Managing the Relationship to Secure a Successful Partnership in PFI Projects, is based on more than 120 PFI projects let before 2000, including hospital, prisons, roads, property and IT...