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Submitted by kevin.jordan1 on Sat, 21/01/2012 - 12:58
One of the core areas of debate around the use of the Private Finance Initiative (PFI) concerns the performance of PFI construction projects, and in particular whether they deliver to the expected time, price and quality. This report considers new survey evidence on the performance of PFI contracts in 2008 and also weighs up evidence on the performance of non-PFI contracts.
Submitted by kevin.jordan1 on Sat, 14/01/2012 - 16:00
Credit guarantee facility programme- commentary on the standard public sector PFI/PPP loan facility term sheet and the indicative guarantee facilities term sheet
Submitted by kevin.jordan1 on Mon, 09/01/2012 - 01:53
Local authorities/councils/municipalities play a critical role in ensuring that individuals and communities have access to quality sports and leisure facilities. A key finding of this review is that PPPs are successfully delivering investment and improvements in community leisure services and are considered to be a key solution in delivering new infrastructure.
Submitted by kevin.jordan1 on Fri, 06/01/2012 - 05:05
In July 2007, Metronet BCV and Metronet SSL, two companies set up to modernise London Underground’s infrastructure, went into administration when they became unable to meet their spending obligations. In May 2008, after ten months in administration, Metronet BCV and SSL’s assets and liabilities were transferred to two new wholly-owned subsidiaries of Transport for London.
Submitted by kevin.jordan1 on Fri, 06/01/2012 - 02:15
The payment mechanism is fundamental to a PFI contract as it puts into financial effect the allocation of risk and responsibility between the Local Authority and the Service Provider. It sets out the basis of calculation for the payment to the Service Provider for the provision of services. This guidance deals with the payment mechanism for local transport PFI projects.
