Hospitals and schools that depend on private finance initiative contracts are in danger of “serious disruption” unless they can find a way to cope when they expire in the next year, a report has warned.
There are 154 PFI-funded projects that will expire during this parliament, covering hospitals, schools and transport, and the government has failed to give details about how the transition to new arrangements will take place, according to the report from the Association of Infrastructure Investors in Public Private Partnerships (AIIP), chaired by the Labour peer and former frontbencher John Hutton.
