All PFI articles
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CommentWhat if part of the answer to our building problem is actually to build less?
‘No-build’ and ‘low-build’ solutions are a relatively cheap and simple way to reduce the size of the housing waiting list and shrink the size of the infrastructure pipeline, writes Beth West
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NewsBuilding publishes key report into new infrastructure funding
Private finance is essential if government is to deliver key major projects, report unveiled at Building the Future conference in London concludes
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CommentLabour must rethink private finance for infrastructure projects
Seven years after PFI was scrapped, the Labour government is being forced to reconsider private finance for infrastructure as it grapples with empty public coffers and ambitious construction targets.
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NewsBuilding calls for expanded public private partnerships programme
A forthcoming report from Building’s Funding the Future campaign will urge the government to significantly expand its proposed public private partnership programmes beyond healthcare facilities and decarbonisation projects.
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CommentThe main event: why local stakeholders are the most important people on major projects
It is not political backing but winning the support of the people ‘on the ground’ who are most affected by a project that is key to its eventual success, writes Beth West
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FeaturesPipe dreams: Why the infrastructure pipeline must improve if construction is to benefit
The launch of the infrastructure pipeline last month was hailed as a gamechanger for UK construction and investment in private finance for public infrastructure. But Joey Gardiner discovers there are serious fears that it won’t live up to the hype
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CommentNo one wants to be a fat, dumb client. This is how we avoid it
It is time to create a national capital projects delivery unit to ensure we really learn lessons and avoid wasting time and money over and over again, writes Beth West
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CommentThe infrastructure strategy opens the door to private finance
Last week’s infrastructure strategy put off a final decision about using private finance for social infrastructure until the autumn. But, Joey Gardiner writes, it has still set out an important principle that such schemes are not entirely off-limits
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FeaturesWhy the government is looking to the Thames Tideway project for ways to fund £14.2bn Sizewell C
The private financing model known as RAB is to be used to raise cash for the new nuclear power station, reservoirs and the Lower Thames Crossing. Joey Gardiner looks at lessons learnt on the Thames Tideway project to find out why RAB is now all the rage
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CommentIf I were the chancellor… (or how to finance infrastructure when there’s not enough money)
Bold action will be required if the government is to deliver on its eagerly anticipated infrastructure strategy. Some kind of public-private partnership could well be the best way forward, writes Beth West
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FeaturesWhat will the infrastructure strategy say about private finance?
As well as setting departmental capital budgets for rest of the parliament, this month’s spending review will also be followed by a long-awaited infrastructure strategy that will determine the future of private finance on public projects. Joey Gardiner reads the tea leaves
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FeaturesWhat the Lower Thames Crossing and Euston station projects say about the government’s private finance plans
The government has said it will fund the giant Euston station and Lower Thames Crossing schemes using private finance. With the Treasury mulling a broader injection of private capital into public projects, Joey Gardiner examines how ministers are going about it – and the prospects for success
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NewsLessons must be learned from past PFI failures, government infrastructure advisor warns
Comments from NISTA’s Matthew Vickerstaff come as ministers weigh up benefits of relaunching initiative next month
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CommentAre Starmer and Reeves ready to gamble on PFI to fix our broken infrastructure?
If past mistakes can be avoided, some kind of private finance initiative may be the best way to build promised new public sector facilities and also solve the £49bn maintenance backlog, writes Denise Chevin.
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FeaturesPFI: Do the numbers add up?
With the government understood to be considering reinstating a form of private financing to pay for public infrastructure ahead of the launch of its 10-Year Infrastructure Strategy next month, Joey Gardiner weighs up whether reigniting PFI would be a good idea
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CommentConstruction law in 2025: what can we expect in the year ahead?
Sheena Sood sets out what to expect in the year ahead for construction law, including a variety of regulatory changes
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News‘Adversarial’ PFI contracts still costing taxpayers money on legal bills, group warns
Initiative used to bankroll New Labour’s public sector spending boom in 1990s
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CommentPFI project handbacks to the public sector – what we’ve learned so far
The first wave of handbacks give clear pointers for the rest of the PFI projects due to be handed back over the next few years
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CommentCase in focus: St James’s Oncology SPC Ltd vs Lendlease
A claim involving Lendlease Construction (Europe)
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CommentPFI hand-back – are you at risk?
If you were involved in design or construction of PFI projects about to expire, be prepared for fallout in the form of claims against you as the facilities are handed back. By Sheena Sood