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Private Finance Initiative

Inquiry

In March 2011 the Treasury Committee announced an inquiry on the future of the Private Finance Initiative. The inquiry built on the work already done by the National Audit Office and the House of Lords Economic Affairs Committee.

The Committee concluded that Private Finance Initiative (PFI) funding for new infrastructure, such as schools and hospitals, does not provide taxpayers with good value for money and stricter criteria should be introduced to govern its use.


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We receive a significant number of emails each day. If you’ve asked for a reply, we’ll aim to respond as soon as we can, although during parliamentary recesses it may take slightly longer for us to respond. We’re usually able to reply more quickly to emails than to post. Please note, the Committee does not look at individual cases or specific complaints.