What would a new generation of PFI mean for construction?

2025-05-22T06:00:00

Browne Jacobson partner Craig Elder boils down some of the issues discussed at last week’s meeting of the Public Accounts Committee as the government considers launching a new generation of PFI to pay for its 10-year infrastructure programme

With the government weighing up the pros and cons of launching a new generation of PFI contracts to fund its 10-year infrastructure programme, Building is focusing on what this could mean for the construction industry. In England, PFI was wound down in 2018, but it has continued in devolved administrations, where PFI contracts have continued to develop and improve.

Should the government choose to revive PFI, it is likely that many of these learnings would be incorporated into new contracts in order to avoid some of the mistakes of the past.

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