NAO endorses PPPs - “on time and on budget”

At a recent conference the UK National Audit Office gave one of its strongest endorsements of the value for money of using PPPs in our critical social infrastructure.

Simon Reason, Commercial Insights Director of the National Audit Office told the audience:

“99% of PFIs were delivered on time and on budget.”

Thanks to the Westminster Business Forum for organising the session which our chair, Lord Hutton also spoke at on how renewed PPPs could unlock a £16 billion NHS Rapid Upgrade Programme.

AIIP analysis demonstrates that extending contracts across 151 NHS PFI projects due to expire during this Parliament could unlock around £15.4-£16 billion of investment—almost enough to address the NHS's entire estimated £16 billion maintenance backlog.

More on the opportunity to refix our NHS here:
https://www.aiip.org.uk/news/former-health-minister-lord-hutton-calls-for-nhs-rapid-upgrade-programme-to-unlock-16-billion-investment-in-hospitals