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United Kingdom · Question · Written question

UIN 193599

Transport: Private Finance Initiative

answeredUnited Kingdom· UK Parliament· EN

Introduced

20 November 2018

Last action

28 November 2018 · Answer

Status

Answered

Sponsors

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Subjects

Transport

Source updated

28 November 2018

Transport

Summary

To ask the Secretary of State for Transport, what assessment he has made of the viability of future private funding for (a) road and (b) rail projects as a result of the decision in Budget 2018 to abolish private finance initiatives.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 20 November 2018

    Written question

    To ask the Secretary of State for Transport, what assessment he has made of the viability of future private funding for (a) road and (b) rail projects as a result of the decision in Budget 2018 to abolish private finance initiatives.

    Source: Commons

  2. 28 November 2018

    Answer

    The Government has retired PF2, a model which proved inflexible, costly and overly complex. The Department for Transport is continuing to assess ways to support private investment, on a project by project basis and where it provides value for money and fa...

    Source: Written answer

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