PFI | LocalGov

London boroughs raise concerns about looming PFI expiry

25/11/2024

Many London boroughs are not prepared for the expiry of their private finance initiative (PFI) contracts, report finds.

Brum keeps shtum over funding axe reasons

06/12/2023

Birmingham CC has received a document setting out ministers’ reasons for pulling funding from its £2.7bn highways PFI contract but has refused to disclose it.

Could key infrastructure at risk if PFI contract expiry isn’t taken seriously?

15/11/2022

Andrew Hirst warns the process and complexity for returning PFI contracts back to local authorities is being ‘vastly underestimated’.

Schools and hospitals face 'serious disruptions' as PFI contracts end

19/03/2021

Vital public assets such as roads, schools and hospitals will face 'serious disruption' if Private Finance Initiative (PFI) contracts expire without a plan in place, MPs have warned today.

County to take early control over four care homes

17/11/2020

Northamptonshire County Council is taking over the management of four care homes nine years earlier than planned after it negotiated a change to a long-running PFI contract.

Council to bring housing management back in-house

10/07/2020

Islington Council is set to bring the management of homes back in-house once its current Private Finance Initiative (PFI) contract comes to an end.

Infrastructure could be left in a worse condition when PFI ends, watchdog warns

05/06/2020

Infrastructure could return to the public sector in an 'unsatisfactory condition' when PFI contracts come to an end, the public spending watchdog has warned today.

London council sues contractors for £130m over ‘fire safety failings’

29/11/2019

Camden Council has launched legal action against a group of contractors over ‘multiple fire safety failings’ that led to the evacuation of the Chalcots Estate two years ago.

Amey facing £200m Birmingham divorce bill

19/02/2019

Amey could be set to pay more than £200m to extricate itself from its troubled 25-year PFI contract with Birmingham after years of legal difficulties, according to reports.

Former Northants leader admits ‘mistakes’ over PFI deal

04/10/2018

Former leader of Northamptonshire County Council has admitted mistakes were made in a PFI deal which has meant up to £2m a year being paid for empty care beds.

Liverpool hospital to be built despite Carillion collapse

27/09/2018

The building of the New Royal Liverpool Hospital, whose future was in question after the collapse of Carillion, is to restart, the Government has announced.

Councils withheld just £32m last year on underperforming PFI deals

02/07/2018

Councils withheld £32m last year from underperforming PFI providers, according to new research published today.

MPs blast ‘unacceptable’ cost of PFI deals

20/06/2018

A damning report has warned the Government is unable to prove that Private Finance Initiative (PFI) contracts offer value for money for the taxpayer.

Taking accountability for the Private Finance Initiative

18/06/2018

Anne Stafford explains why the outcomes of PFI projects have failed to keep pace with expectations.

Contractor ordered to pay Birmingham £50m in PFI dispute

13/06/2018

Amey Birmingham Highways Ltd has been ordered to pay Birmingham CC £50m in compensation in a long running dispute over a highways PFI, according to reports.

The end of public-private partnerships?

11/04/2018

Rather than abandoning all public-private partnerships in the wake of Carillion's collapse, Richard Tinham urges councils to explore other partnership models.

Council demands answers over school repairs

09/04/2018

The body responsible for building and maintaining 17 schools in Edinburgh has been criticised by the council for failing to carry out repair work.

Half of Sheffield's trees threatened by controversial highways contract

12/03/2018

Up to 17,500 trees could be replaced in Sheffield City Council’s highways maintenance contract, newly released information has revealed.

The PFI model

01/02/2018

The Carillion debacle: more procurement expertise required

Pause all outsourcing and PFI contracts, urges think tank

22/01/2018

A think tank has called for an end to the Government's 'love-in' with outsourcing and Public Finance Initiatives.

PFI contracts will be brought ‘back in-house’, shadow chancellor says

26/09/2017

A public service union has welcomed Labour’s promise to end the use of public finance initiative (PFI) contracts while bringing existing PFI contracts back in-house.

PFI: under the spotlight

24/05/2017

Following the closure of 17 schools in Edinburgh built under the Private Finance Initiative, how safe are other PFI buildings? Laura Sharman explores.

Architects warn hundreds of public buildings could be unsafe

15/02/2017

Hundreds of public buildings constructed since 2000 could be unsafe so need urgent safety checks, architects have warned.

School closures highlight danger of outsourcing warns union

12/04/2016

Councils should stop subcontracting out routine work on housing and properties and ensure work is being done by in-house staff, said a trade union following the closure of ‘unsafe’ schools in Edinburgh.

Scottish PFI-built schools closed due to safety concerns

11/04/2016

The City of Edinburgh Council has been forced to close 17 schools after the body responsible for managing them was unable to guarantee they were safe to use.

Blackpool refinances lighting PFI contract

15/02/2016

Blackpool Council has renegotiated its street lighting and traffic signals contract in a move that will save £157,000 a year.

Refinancing PFI debt

07/07/2015

Mark Dennison outlines what local authorities should consider when looking to refinance their Private Finance Initiative debts.

Street furniture and lighting costs councils £1bn a year

25/02/2015

Local authorities spend almost £1bn a year on street furniture and lighting, according to new research.

MPs slam PFI waste projects

17/09/2014

The funding agreements for ‘lax’ PFI waste projects have been criticised in a report from the spending watchdog.

PF2 - One year on

17/02/2014

Just over a year ago, the Government's revamped PFI model – PF2 – was born. But what progress has been made over the last year?

Manchester Councils signs contract for £100m Brunswick PFI

18/12/2013

The £100m regeneration plans for Brunswick have been signed by Manchester City Council, announcing S4B as the chosen consortium to deliver the plans.

Woking Council agrees £80m housing PFI

25/11/2013

A £80m Private Finance Initiative (PFI) has been agreed for Woking Borough Council to deliver a mixed-tenure housing development.

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