Search results for 'PFI'

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  5. 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

  6. 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.

  8. 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.

  9. 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.

  10. 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.

  12. 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.

  14. Equity investment in privately financed projects

    Report Value for money

    Published on:

    Equity investors have helped to deliver many public sector infrastructure projects via the Private Finance Initiative and have managed them in ways from which the public sector can learn. Against a background of limited information, evidence gathered by the National Audit Office raises concern that the public sector is paying more than it should for equity investment.

  15. Achievement of Foundation Trust status by NHS hospital trusts

    Report Value for money

    Published on:

    Many NHS trusts need to tackle a range of financial, quality and governance issues if they are to meet the standards required of them to become self-governing foundation trusts by 2014. The Department of Health and the NHS will now have to decide how they will deal with those facing the most severe problems.

  16. Procurement of the M25 private finance contract

    Report Value for money

    Published on:

    The Highways Agency’s PFI contract to widen the M25 could have been better value for money. The slowness with which it was taken forward resulted in higher financing costs, and the Agency was slow to investigate a potentially cheaper alternative to widening.

  17. Ministry of Defence: Delivering multi-role tanker aircraft capability

    Report Value for money

    Published on:

    The National Audit Office has been unable to conclude that the Ministry of Defence has achieved value for money from the procurement phase of its £10.5 billion private finance deal for the Future Strategic Tanker Aircraft (FSTA), according to a report released today. Despite managing the later stages of the procurement well, the MOD’s ability […]

  19. Private Finance Recommendations Database

    Report

    Published on:

    Reports produced by the House of Commons’ Committee of Public Accounts (the PAC) following hearings based on our PFI and PPP investigations include nearly 1000 recommendations.

    We have collected these recommendations and the related Treasury responses into a PFI and PPP/Privatisation Recommendations database last updated: 19/06/2009.

  20. The Building Schools for the Future Programme: Renewing the secondary school estate

    Report Value for money

    Published on:

    The Building Schools for the Future programme aims to rebuild, refurbish and provide new Information Technology for all 3,500 secondary schools in England by 2020. The Department for Children, Schools and Families (DCSF) underestimated how long it would take to launch the programme and build the schools, though the speed of delivery has compared well […]