Written Question·Treasury·UIN 102657

Private Finance Initiative: Cost Effectiveness

Tabled: 2 January 2026
Answered: 12 January 2026

Question

James McMurdock

Independent — South Basildon and East Thurrock

To ask the Chancellor of the Exchequer, what assessment her Department has made of the value for money of Private Finance Initiative and PF2 contracts.

Answer

James Murray
The Government’s preferred financing model for any type of infrastructure project is the one that offers the best value for money. Proposals are appraised on a case-by-case basis using the Green Book. Public sector contracting authorities directly manage ...
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