Public Sector: Procurement

HM Treasury written question – answered on 29th January 2018.

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Photo of Faisal Rashid Faisal Rashid Labour, Warrington South

To ask Mr Chancellor of the Exchequer, with reference to the National Audit Office report on PFI and PF2 published on 18 January 2018, what assessment he has made of the benefits of using publicly financed procurement with fixed-price contracts instead of private finance initiatives.

Photo of Robert Jenrick Robert Jenrick The Exchequer Secretary

Prior to approval, all Private Finance 2 proposals should be assessed in line with The HM Treasury’s Green Book, including a comparison against an appropriate publicly funded option.

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