Private Finance Initiative

(asked on 24th May 2018) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what (a) strategic risk management policy and (b)(i) performance management, (ii) financial control and (iii) other processes his Department uses to monitor private finance initiatives.


Answered by
Robert Jenrick Portrait
Robert Jenrick
This question was answered on 4th June 2018

The performance of PFI and PF2 contracts is monitored by the procuring authority. The government has published a range of advice on managing PFI and PF2 contracts, covering areas such as operational savings, refinancing and termination. HM Treasury assesses and responds to fiscal and financial risks as part of its ongoing business activities.

Reticulating Splines