PFI tendering: is it worth the effort?

Posted on February 1st, by editor in Caring Times. No Comments

The present Government has demonstrated a continuing commitment to Private Finance Initiatives (PFIs). Peter Grose believes this is an area of opportunity for those willing and able to bear the risks. In today’s economy, partnerships between the public and private sectors are becoming increasingly important in promoting regeneration. The Private Finance Initiative (PFI), which was introduced in 1992, promotes the public and private sectors forming such partnerships, making use of what both sectors have to offer, to deliver quality services. PFI projects involve the use of private capital and expertise to provide public infrastructure and services. Local authorities have used the PFI to procure a wide range of services, creating new opportunities for a broad range of private sector organisations. Some examples of these are waste management services, schemes for the design, build, operation and financing of new schools and also of new police stations. There are also opportunities in the care sector. Westminste

Comments are closed.

Latest blog posts

Extracare – the next best solution?

By Caring Times editor GEOFF HODGSON

Academics at Newcastle University say that an average of almost nine thousand more care home beds will be needed each...

Care homes discounted in end of life care

By Caring Times editor GEOFF HODGSON

I am sure that we all want those who we care for to experience ‘a good death’ when the time...

Perhaps I’m ‘app’athetic

By Caring Times editor GEOFF HODGSON

I’ve got an app in my toolbox that allows me to bang-in nails – I call it a hammer. I’ve...