The role of the backroom boys
Article Abstract:
The UK private finance intitiative (PFI) has created work for management consultants, lawyers, accountants and others who help clients and consortia bidding for PFI contracts. Government clients include DSS Estates which is being advised by Chesterton on a project involving Benefit Agency offices. Financial advice is important for contracts involving facilities management and construction, and a large number of companies offer such advice. Moragn Stanley and Price Waterhouse are two companies which have been involved in PFI deals.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1997
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PFI in the sky?
Article Abstract:
The UK private finance initiative (PFI) is a means of attracting private finance for capital projects such as roads and bridges. The government will seek to increase the number of PFI schemes prior to the 1997 election. New guidelines have come from the Treasury to help make schemes more attractive. Rules for value added tax have been changed, as have some accounting rules. PFI not only involves initial costs, there is also a period of between 25 years and 30 years when the private sector company involved supplies a service.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1997
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The pull of the partnership
Article Abstract:
The UK private finance initiative (PFI) is becoming a common mans of refurbishing government buildings. PFI offers flexibility and this can help government departments with changes in staff numbers. The government transfers risks associated with real estate maintenance and service to private sector companies, which seek a reward. PFI also affects road building and railroad construction projects, and has attracted major UK construction companies.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1997
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