Policy paper

Private Finance 2 (PF2)

Private Finance 2 (PF2) is a new approach to public private partnerships.

This publication was withdrawn on

The government has announced that it will no longer use PF2, the current model of Private Finance Initiative (PFI) for new government projects. Existing PFI and PF2 contracts will not end because of this announcement.

Documents

A new approach to public private partnerships

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PF2: A user guide

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Standardisation of PF2 contracts

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Technical update: 2010

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Details

Private Finance 2 (PF2) is a new approach to public private partnerships, and follows the reform of the Private Finance Initiative (PFI). PF2 reaffirms the government’s commitment to private sector involvement in infrastructure and services, while recognising recent changes to the economic context.

View more documents about PFI at the National Archives.

Published 5 December 2012
Last updated 28 November 2018 + show all updates
  1. 'Change Protocol Principles' document moved to 'PFI/PPP procurement and contract management guidance' page.
  2. added historical supporting docs: Change Protocol Principles Technical update 2010
  3. First published.