A note on the key features of PF2

December 2012
Tom Pemberton and Pasquale Pisanelli

The government has announced details of a new approach to PFI in its autumn statement. Dubbed PF2, the announcement introduces the most significant reforms to public private partnerships in over 15 years. It follows a year long review in which various criticisms of PFI were considered, including private sector complaints about the delay and expense associated with the process of tendering for PFI projects.

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