Search results for 'PFI'

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  5. NAO Interactive Data Visualisation on PFI contract expiry – survey results

    Report Interactive visualisation

    Published on:

    Last updated – 28 May 2020 Introduction to the topic This online publication provides results of a survey we conducted with public sector authorities (authorities) and which forms part of the evidence base of the NAO’s report on Managing PFI assets and services as contracts end. This report provides information on how public authorities manage […]

  8. Whole of Government Accounts 2016-2017

    Report Interactive visualisation

    Published on:

    The Whole of Government Accounts (WGA) are the consolidated financial statements for the whole of the UK public sector, showing what the UK Government spends and receives, and what it owns and owes.

    This is an interactive visualisation of the financial information contained within the Whole of Government accounts published over the last five years

  9. Investigation into the government’s handling of the collapse of Carillion

    Press release

    Published on:

    On 15 January 2018, Carillion declared insolvency and the Official Receiver, an employee of the Insolvency Service, started to liquidate its assets and contracts. This report focuses on the role of the UK government in preparing for and managing the liquidation of Carillion.

  10. PFI and PF2

    Press release

    Published on:

    A briefing on the rationale, costs and benefits of the Private Finance Initiative; the use of and impact of PFI, and ability to make savings from operational contracts; and the introduction of PF2. There are currently over 700 operational PFI and PF2 deals, with a capital value of around £60 billion and annual charges for these deals amounted to £10.3 billion in 2016-17. Even if no new deals are entered into, future charges which continue until the 2040s amount to £199 billion.

    18 January 2018

  11. PFI and PF2

    Report Value for money

    Published on:

    A briefing on the rationale, costs and benefits of the Private Finance Initiative; the use of and impact of PFI, and ability to make savings from operational contracts; and the introduction of PF2. There are currently over 700 operational PFI and PF2 deals, with a capital value of around £60 billion and annual charges for these deals amounted to £10.3 billion in 2016-17. Even if no new deals are entered into, future charges which continue until the 2040s amount to £199 billion.

    18 January 2018

  13. Local authority capital expenditure and resourcing

    Report Interactive visualisation

    Published on:

    Explore the trends in capital expenditure and resourcing since 2010-11 and build a richer understanding of what they mean for different local authorities.

  14. Military flying training

    Report Value for money

    Published on:

    The new military flying training is 6 years delayed and there is much to do if the MoD is to get the planned benefits from its contractor.

  15. Oversight of three PFI waste projects

    Report Value for money

    Published on:

    All three projects examined by the NAO have experienced significant delays stemming from a range of problems.

  16. Review of the VFM assessment process for PFI

    Report Value for money

    Published on:

    The Treasury Committee asked the National Audit Office to undertake an analysis of the VFM assessment process and model for PFI. The assessment process combines a quantitative and qualitative approach to VFM appraisal. Our review focused, primarily, on the use of the financial model in the VFM assessment process and was submitted to the Treasury Committee as part of their inquiry into PF2.

  17. Savings from operational PFI contracts

    Report Value for money

    Published on:

    Progress on the Government’s initiative to achieve £1.5 billion worth of savings from operational PFI contracts.

  18. Confirmed impacts: Securing the future financial sustainability of the National Health Service

    Report

    Published on:

    We found that the 2007-2011 Peterborough and Stamford Hospitals NHS Foundation Trust Board’s poor financial management and procurement of an unaffordable PFI scheme had left the Trust in a critical financial position.

    This NAO impacts case study represents one example where there has been some beneficial change, whether financial or non-financial, resulting from our involvement.

  20. Progress in delivering the Thameslink programme

    Report Value for money

    Published on:

    Thameslink aims to reduce overcrowding and journey times. Initial progress has been good but a 3 year delay in awarding the train contract puts the 2018 programme deadline at risk.