Schools: Private Finance Initiative
(asked on 23rd March 2021) - View Source
Question to the Department for Education:
To ask Her Majesty's Government what plans they have to deal with the Private Finance Initiative school contracts that will end in the next five years.
This question was answered on 8th April 2021
The Department has recently established a Contract Expiry Unit. That unit is actively working alongside the relevant local authorities and academy trusts on seven pathfinder projects. Those pathfinder projects are the earliest Private Finance Initiative (PFI) projects to expire in the education sector. The Department is also considering how best to assist local authorities and academy trusts on the later PFI contracts to expire.