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A new approach to public private partnerships

Posted on: 6 December 2012
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Filed under: News

In 2011, the Government initiated a fundamental reassessment of the Public Finance Initiative (PFI). Concluding that the review presented a compelling case for reform, the government has published a document which presents the conclusions of the review of PFI and sets out the Government’s new approach, PF2, for involving private finance in the delivery of public infrastructure and services. The government has also published guidance, Standardisation of PF2 contracts, setting out the approach to be taken to structuring PF2 contracts.

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