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ARTICLE · 12 FEBRUARY 2021

PFI Expiry - New Solutions For Legacy Problems

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The coming expiry of Private Finance Initiative (PFI) and Public Private Partnership (PPP) contracts looms ever larger as an issue for public and private sector alike.

United KingdomFinance and Banking
Dominic Richardson
Dominic Richardson
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The coming expiry of Private Finance Initiative (PFI) and Public Private Partnership (PPP) contracts looms ever larger as an issue for public and private sector alike. The UK Public Accounts Committee has launched an inquiry into management of the expiry of PFI contracts and major government initiatives have been launched including the UK Infrastructure & Projects Authority (IPA)'s "Private Finance Initiative (PFI) Contract Management Programme".

In this article, we look at some of the key issues and how a collaborative approach can contribute to successful outcomes for the next wave of PFIs to expire.

Even as the world pressed the 'pause' button at various times throughout the COVID-19 pandemic, an 'under the radar' issue has continued to move into focus – the coming expiry of Public Private Partnerships (PPPs).

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