Guidance to help government departments and local authorities reduce the cost of operational PFI contracts.
This guidance document is intended to help government departments and local authorities reduce the cost of operational Private Finance Initiative (PFI) contracts.
It highlights the need for strong contract management and suggests options public sector bodies may consider to reduce the cost of a contract.
It also includes sources of support and emphasises the importance of protecting value for money. The guidance draws on engagement with central and local government and the findings of savings pilots at Queen’s Hospital in Romford and Ministry of Defence projects.