Skip to main content

Search results

Showing 41 - 50 of 71 results. Order by:
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 image showing an oak tree

PPP in practice: National Savings and Investments’ deal with Siemens Business Services, four years on

“This report shows that there are alternatives to bailing out the private sector. NS&I and Siemens Business Services have learnt valuable lessons in the operation of this project, which are pertinent to other public-private sector partnerships. A whole business approach, where decisions are based on what is best for the business rather than what is best for either the public and private sectors, needs to be adopted if the public and private sectors are to achieve their objectives, and the private sector needs to recognize the management challenge that PFI represents.”

Published:
8 May 2003

Private Finance Recommendations Database

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.

Published:
8 Mar 2009
Report cover showing an aerial view of the progress of the channel tunnel

Progress on the Channel Tunnel Rail Link

The National Audit Office’s report finds that London & Continental Railways (LCR) successfully completed the construction of Section 1 of the Channel Tunnel Rail Link (CTRL) on time and at a cost slightly below the target set in the 1998 restructuring. Drawing on the reasons for this achievement, the NAO report highlights lessons for other … Read more

Published:
21 Jul 2005
Passenger plane

Refinancing the Public Private Partnership for National Air Traffic Services

Sir John Bourn, head of the National Audit Office, reported today that the refinancing of the public private partnership for NATS, completed late last year, has put the Company on a much more robust financial footing, enabling it to make further vital investment to expand the capacity of Air Traffic Control to meet future growth … Read more

Published:
7 Jan 2004
National Audit Office logo

Review of the VFM assessment process for PFI

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.

Published:
10 Apr 2014