SUMMARY

TTF-PS-1/E

Policy Statement No. 1

PFI Public Expenditure Allocations

This policy statement is the first in a series of papers to be issued by the Treasury Taskforce addressing key policy issues arising from the implementation of the Private Finance Initiative (PFI). Each statement will be endorsed by the Paymaster General and will represent the definitive statement of Government policy on a particular aspect of the PFI.

Policy statements will not address the technical challenges presented by the PFI. These will be the subject of a separate series of technical notes designed to answer the questions a public sector manager will need to resolve when working out how to progress a PFI project.