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Report cover showing railway marshalling yard

Network Rail – Making a Fresh Start

“The improvements to planning and cost control are to be welcomed. The outlook is certainly better than it was in 2001. But there are still serious challenges in Network Rail’s own structure and in the rail industry in general which the Government must overcome if we are to see a reliable and affordable rail network in the future.”

Published:
14 May 2004

Performance Brief: A summary of National Audit Office Reports of the Department for Transport 2007-08

This briefing paper for the Select Committee provides an overview of the work of the National Audit Office relevant to the performance of the Department for Transport in the financial year 2007-08 and subsequent months. It takes as its basis the targets and objectives of the Department and the work of the National Audit Office (NAO) in reviewing areas relevant to those targets and objectives.

Published:
18 Jan 2008
Report cover image showing close-up of scaffolding poles with inset images of construction projects

PFI: Construction Performance

“The theory is that PFI should incentivise the private sector to deliver good quality buildings on time and to the price agreed with the public sector. The results of our census show that this is being achieved in central government.”

Published:
5 Feb 2003
Report cover image showing plans for the HQ

PFI: The New Headquarters for the Home Office

“Through this PFI deal, the Home Office should gain a good quality working environment at a good price, that will support the way it wants to work in the future. However, risks to the Accommodation Strategy remain and must be managed well. In particular, I urge the Home Office to decide how excess staff will be accommodated soon in order to determine the budgetary implications and manage staff expectations.”

Published:
15 Jul 2003
Report cover showing images of buildings

PFI: The STEPS Deal

Sir John Bourn, head of the National Audit Office today reported to Parliament on the £1.5 billion Strategic Transfer of the Estate to the Private Sector (STEPS) PFI deal entered into by Inland Revenue and Customs and Excise with a private sector consortium known as Mapeley STEPS. The deal incorporates the transfer of the ownership … Read more

Published:
7 May 2004
Report cover showing construction work at a 2010 Olympics site

Preparations for the London 2012 Olympic and Paralympic Games: Progress report June 2008

“The preparations for the Games are well underway. But important challenges remain which will become more formidable as the spotlight turns to London after the Beijing Games. Uncertainties over the deal for the village, legacy requirements and policing and security may add cost or compromise the preparations for a successful Games. The delivery bodies need to maintain a firm stance on cost and keep in sight the intended legacy benefits too.”

Published:
20 Jun 2008
A busy motorway

Procurement of the M25 private finance contract

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.

Published:
19 Nov 2010