SUMMARY

HMT-3/E

Recommendations to Reinvigorate PFI September Deadlines are Met

All the 30 September deadlines set to the Treasury for progress in reinvigorating the Private Finance Initiative (PFI) have been met.

Welcoming successful progress against the agenda set by Malcolm Bates in June following his review of the PFI, Paymaster General Geoffrey Robinson said:

"Malcolm Bates set a tight timetable, but we are determined to deliver.

"Our Taskforce is now in place. We will implement all 29 of his recommendations over the coming months in documents that will provide a sound basis for future business and where there is a Taskforce seal of approval on the cover, you can be sure it is authoritative advice."