PFI - Lack of transparency around UK Government cost comparisons
This blogpost chronicles our difficulties in assessing key assumptions made in the NAO’s PFI and PFI 2 report. It highlights the lack of transparency available to sense-check some of the flagship statements that inform the opinions on PFI of both the general public and policy makers.
Winding Up a PFI Project’s Special Purpose Vehicle: Important Considerations and Practical Guidance
In this piece we are going to look at another crucial component of managing an efficient, equitable and effective (‘E3’) handback; the winding up of a Project’s Special Purpose Vehicle (SPV, or Project Co).
Behind the headlines: PFI & schools (Part 3)
In the third and last of our series of blogs tackling some of the key questions we have seen in the media around PFI and schools, we are looking at the questions that have been raised about flexibility, maintenance costs and poor quality service.
Behind the headlines: PFI & schools (Part 2)
In the second of our series of blogs tackling some of the key questions we have seen in the media around PFI and schools, we are looking at accusations that contract providers are failing to deliver the services that are required by schools.
Behind the headlines: PFI & schools (Part 1)
The recent media coverage of schools and maintenance services provided by private providers shows how the oversimplification of the issues around PFI and PFI contracts continues to lead to misunderstanding. Something that has plagued the industry for a number of years. We thought it would be useful to pick five of the key questions that have come out of these conversations and cut through the jargon to look behind the headlines.
National Audit Office Auditor General Keynote: A review and recommendations - Part 2
In this blog series we are exploring the five key areas of ‘financial opportunity’ laid out in the January keynote to Parliament from the Comptroller and Auditor General of the UK National Audit Office (NAO), Gareth Davies (the full transcript can be seen here.)
National Audit Office Auditor General Keynote: A review and recommendations - Part 1
In January the Comptroller and Auditor General of the UK National Audit Office (NAO), Gareth Davies, gave his annual keynote speech to Parliament. This year the speech was titled ‘Improving Productivity Could Release Tens of Billions for Government Priorities’.
Formation of The Association of Infrastructure Investors in Public Private Partnerships
Several major international infrastructure investors who have invested in UK infrastructure assets under the Public Private Partnership (PPP) model have formed The Association of Infrastructure Investors in Public Private Partnerships (AIIP). The members include InfraRed Capital Partners Limited, Dalmore Capital Limited, Equitix Investment Management Limited and Semperian PPP Investment Partners Group Limited.