ARTICLE · 28 NOVEMBER 2016

Is Non-Profit Distributing PPP Dead? Long Live PF2?

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Welsh Government has committed to three infrastructure projects using the NPD Model – the redevelopment of the Velindre Cancer Centre; dualling of sections 5 and 6 of the A465; and the 21st Century Schools Project.

United KingdomGovernment, Public Sector

Welsh Government has committed to three infrastructure projects using the Non-Profit Distributing ('NPD') Model – the redevelopment of the Velindre Cancer Centre; dualling of sections 5 and 6 of the A465; and the 21^st Century Schools Project.

As previously reported, the NPD model had to be placed on hold in both Wales and Scotland (where it was originally developed) due to the decision by the Office of National Statistics that an NPD scheme (the Aberdeen Western Peripheral Route) had to be given a public 'on balance sheet' classification. This means that the project is added to government debt and deficit figures and counts against capital budget, which can make projects unviable.

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