HM Treasury


Public Private Partnerships

HM Treasury holds responsibility for setting PPP Policy for England, and this is devolved in Scotland, Wales and Northern Ireland. Treasury publishes key policy, guidance and statistics on PPP/PFI and provides advice to Departments undertaking or wishing to undertake PPP/PFI projects. Treasury’s focus  is on ensuring that public sector asset and service investment programmes maintain momentum, are value for money, sustain market confidence and deliver improved operational performance of projects.

On the 15 November 2011, the Chancellor announced the Government’s intention to reform PFI. The Treasury was engaged in a call for evidence between December 2011 and February 2012. Information on the reform of PFI can be found here.

The Treasury provides guidance on a number of topics which can be found in this section. This includes the publication of Standardisation of PF2 contracts and guidance on assessing the value for money of privately financed projects as well as the procurement and contract management of privately financed projects.
Each Government Department is responsible for the implementation of PPP policy, and a number of Departments have their own Private Finance Unit (PFU). Local Partnerships provides commercial expertise to public sector authorities  on delivering cost effective public services and assets. Links to the websites of other Government Department’s and Local Partnerships, as well as other useful links, can be found here.

This site provides access to a wide range of information about Public Private Partnerships in the UK. Further queries can be directed to the Treasury Correspondence & Enquiry Unit.

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