Fifty-First Report - Managing the expiry of PFI contracts
Select Committee
Public Accounts Committee
HC 1114
19 March 2021
Government response
Treasury minutes: Government response to the Committee of Public Accounts on the Fifty-first report from Session 2019-21 · published 31 Aug 2021
Recommendations & Conclusions
2 results
2
Recommendation
Accepted in Part
The IPA does not yet have the data it needs to fully understand the challenges...
Recommendation
The IPA does not yet have the data it needs to fully understand the challenges of managing the expiry of PFI contracts. The PFI contract is central to understanding the potential expiry risks an authority may face. However, these are …
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Government Response Summary
The government agrees to provide an update to the Committee on PFI expiry challenges and how it will address them by Summer 2021. It also states that the IPA already collects data on PFI contract expiry dates through its annual data collection exercise, addressing the second part of the recommendation.
HM Treasury
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4
Recommendation
Accepted in Part
The IPA is not clear what support will be provided to authorities with expiring PFI...
Recommendation
The IPA is not clear what support will be provided to authorities with expiring PFI contracts, and who will provide that support. Each individual authority is responsible for managing the expiry of its PFI contract. When an authority needs help, …
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Government Response Summary
The government accepted the recommendation for the Treasury and IPA to write to the Committee by Summer 2021, outlining their PFI support plan, responsibilities, and access processes. However, decisions on additional funding for authorities were deferred to the forthcoming 2021 Spending Review.
HM Treasury
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