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Perhaps the most widely debated, analysed and imitated area of UK policy on public sector contracting, today surrounds public-private-partnerships (PPPs) and in particular, the private finance initiative (PFI). This section contains a range of policy documents and analyses dealing with the PPP and PFI models of public service contracting, going back a decade or more.
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| Delivering a 21st Century Infastructure for Britain (PDF) |
| Dieter Helm, James Wardlaw and Ben Caldecott, 2009 |
| Policy Exchange |
| This report argues that the UK's infrastructure imposes a severe competitive disadvantage against European and global competitors. This report outlines a four-point plan to overhaul UK infrastructure to close the competitivity gap in an age of economic cuts and environmental pressures. There follows a series a policy recommendations. |
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| UK |
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| Capital Futures (Web Page) |
| Robert Hill, 2009 |
| Centre for Public Service Partnerships |
| This discussion paper assesses UK public capital spending in a historical context. Although recent capital public spending has been relatively high this has followed a long period of low spending. It asks how planning and capital spending in future can be better co-ordinated and managed given expected reductions. |
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| UK |
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| Making Changes in Operational PFI Projects (PDF) |
| House of Commons Committee of Public Accounts, 2008 |
| The Stationery Office |
| A report on the management of changes to operational PFI projects. It assesses the staff used to manage changes, the reasons for not putting out larger changes to competitive tender, management fees and the value for money of small changes. |
| HC 332 |
| UK |
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| The Value of PFI: Hanging in the Balance Sheet? (PDF) |
| Public Sector Research Centre, 2008 |
| PricewaterhouseCoopers |
| An evaluation of the Private Finance Initiative model in light of the UK Government's decision to adpot International Financial Reporting Standards and thus bring most projects on balance sheet. |
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| UK |
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| Public and Private: Partners in the Public Interest (PDF) |
| Hackett, Paul (ed.), 2007 |
| The Smith Institute |
| A collection of essays which outline the evolution of the UK PPP market. They look in particular at the education, health, custodial and local government sectors as well from the perspective of service delivery, financing and accountability. |
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| UK |
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| Building on Success: The Way Forward for PFI (PDF) |
| Confederation of British Industry (CBI), 2007 |
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| This report examines the use of PFI over its full life-span (1992-2007) and argues have extensive savings and efficiencies have been reaped by the public sector. The report identifies five key reasons for PFI's success, and outlines a number of policy recommendations, including improved public procurement so that improved value for money can be delivered in the future. |
| 978 0 85201 668 8 |
| UK |
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| Benchmarking and Market Testing the Ongoing Services Component of PFI Projects (PDF) |
| National Audit Office, 2007 |
| The Stationery Office |
| This report examines early examples of benchmarking and market testing techniques in measuring the value of PFI contracts in public services. It finds that value for money has been achieved through value testing in about half of cases. In other cases - including some where the private sector negotiated price increases during these processes - the data are uncertain on whether value for money has been achieved. |
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| UK |
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| Improving the PFI Tendering Process (PDF) |
| National Audit Office (NAO), 2007 |
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This study examines the tendering process for PFI projects following concern that it does not follow best practice and has been poorly handled by the public sector. The report finds that there are various areas for significant improvement and makes a series of recommendations with a view to realising these potential gains.
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| ISBN: 9780102944563 |
| UK |
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| Effectiveness of Operational Contracts in PFI (PDF) |
| KPMG, 2007 |
| KPMG and Business Services Association (BSA) |
| This is a survey based on the responses of 93 contract managers in the private sector, across a range of PFI services. It is a follow-up to the 2005 report also available on the Resource Centre. |
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| UK |
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| PFI: Strengthening Long-term Partnerships (PDF) |
| HM Treasury, 2006 |
| The Stationery Office |
| This report was released by the Treasury as part of the UK Budget 2006 documentation. It confirms a continuing role for the PFI in the delivery of modernised public services where it represents value for money, and sets out plans for the launch of a new PFI Operational Taskforce within Partnerships UK. |
| ISBN-10:1-84532-137-5 |
| UK |
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| Report on Operational PFI Projects by Partnerships UK (PDF) |
| Partnerships UK, 2006 |
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A review of the performance of PFI projects during their operational phase, covering a wide range of operational issues impacting on all projects from all sectors that were known to be operational at the end of March 2005. |
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| UK |
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| Lessons From the Private Finance Initiative in the United Kingdom (PDF) |
| Leahy, Patricia, 2005 |
| European Investment Bank |
| This paper examines the UK experience of PPP/PFI from a value for money perspective. It argues that a rounded view of overall performance has to consider the procurement process, the construction of the asset procured, and the operational performance that follows. |
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| The Private Finance Initiative (PFI) (PDF) |
| Allen, Grahame, 2003 |
| House of Commons Economic Policy and Statistics Section |
| This paper looks at the origins of the PFI, expenditure on PFI projects and discusses the arguments for and against the PFI by looking at some of the current topics of interest.RP 03/79 |
| ISSN 1368-8456 |
| UK |
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| PFI: Meeting the Investment Challenge (PDF) |
| HM Treasury, 2003 |
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| This report offers guidance on the use of the PFI, project performance and operational and policy issues. It contains chapters on performance monitoring, payment mechanisms and other relevant areas such as flexibility. |
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| UK |
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| The Role of Cost Saving and Innovation in PFI Projects |
| Construction Industry Council, 2000 |
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| Survey covering a number of projects on the savings obtained through PFI, and the sources of savings and innovation |
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| UK |
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| The Benefits of PFI |
| KPMG & the Major Contractors Group, 1998 |
| KPMG |
| Early study on a range of PFI projects |
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| Private Opportunity, Public Benefit - Progressing the PFI |
| HM Treasury/PFP, 1995 |
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| UK |
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