[PDF] PFI : still the only game in town?

Source:
Civitas: Institute for the Study of Civil Society
Publisher:
Civitas: Institute for the Study of Civil Society
Publication date:
13 December 2012

Abstract

The Private Finance Initiative (PFI) and the role it has played in NHS infrastructure procurement has long been controversial, with critics arguing it is inefficient and excessively costly while defenders praise it as the best and the only way to procure new NHS infrastructure - the 'only game in town'. With the recent announcement of the 'PF2' reforms by Chancellor George Osborne, this debate has now taken on a new dimension. The aim of this report is to explore whether PFI has been a worthwhile project and what potential alternatives are available.