1 Deferred

Committee examined lessons learned from government’s past use of private finance

Conclusion
On the basis of a report by the Comptroller and Auditor General, we took evidence from HM Treasury (the Treasury) and the National Infrastructure and Service Transformation Authority (NISTA) on the lessons learned from government’s past use of private finance for infrastructure projects.1 We also took evidence from Darryl Murphy, Managing Director, Infrastructure at Aviva Investors, and Bruce Dalgleish, Partner at P2G LLP.
Government Response Summary
The government acknowledged the committee's conclusion and stated that the National Infrastructure and Service Transformation Authority (NISTA) has written to the Committee separately.
Government Response
Deferred
HM Government Deferred
The government agrees with the Committee’s recommendation. Recommendation implemented The National Infrastructure and Service Transformation Authority (NISTA) has written to the Committee alongside this Treasury Minute response.
Source
Committee Public Accounts Committee
Inquiry Government’s use of private finance for infrastructure
Report 39th Report - Government’s use of private finance for infrastructure 11 Jul 2025 HC 821
View on Parliament website
Addressee Bodies
HM Treasury
Timeline
Recommendation age 0.9 yr
Report published 11 Jul 2025