Partnerships for Prosperity - A New Framework for The PFI

An introductory guide to the reinvigorated Private Finance Initiative (PFI) "Partnerships for Prosperity" was launched today by Paymaster General Geoffrey Robinson.

The launch of "Partnerships for Prosperity", timed to coincide with progress in meeting further recommendations contained in the Bates review, sets out clearly in one document, the Government's support for PFI, the role of the new Treasury Private Finance Taskforce, fundamental PFI policy principles, the procurement process, a list of key contracts and further reference areas.

Chancellor Gordon Brown said in his foreword

"This document provides a useful starting point for anyone interested in finding out about the PFI. Avoiding too much technical detail, it sets out the general principles and places the initiative within the wider context of Government policy towards encouraging successful partnerships."