PFI.si

PFI.si

The AI guide to Private Finance Initiatives and public-private infrastructure funding

Understand how governments partner with private companies to finance, build, and operate public infrastructure - hospitals, schools, roads, and prisons. Explore the UK's original PFI model, its PF2 reform, and international equivalents like PPP and P3, with real project case studies and the value-for-money debate.

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What you get

Everything PFI.si gives you

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How PFI works

The contract structure behind design-build-finance-operate deals, explained plainly.

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Real project case studies

Hospitals, schools, and roads built under PFI, examined with real outcomes.

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Policy debates

Value-for-money criticisms and defenses, from both sides of the argument.

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Saved study threads

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Go deeper

PFI & Infrastructure Finance Library

Educational reference on public-private infrastructure financing - not financial or investment advice.

Origins & Models

  • PFI (UK, 1992) โ€” Launched under John Major to fund public infrastructure using private capital repaid over decades.
  • PF2 (2012 reform) โ€” UK government's attempt to fix PFI's transparency and cost issues; discontinued in 2018.
  • PPP / P3 โ€” The US and Canadian umbrella terms for public-private infrastructure partnerships.
  • DBFO โ€” Design-Build-Finance-Operate: the standard contract structure behind most PFI deals.

Notable Projects

  • Royal London Hospital โ€” A landmark UK PFI hospital project, frequently cited in cost-overrun debates.
  • M6 Toll โ€” Britain's first private toll motorway, built without direct PFI government payments.
  • Building Schools for the Future โ€” A large UK schools renewal program that used PFI-style private financing.
  • Skye Bridge โ€” An early and controversial UK PFI toll bridge project in Scotland.

Oversight & Criticism

  • National Audit Office reports โ€” The UK's independent auditor has repeatedly flagged PFI cost and value-for-money concerns.
  • Public Accounts Committee โ€” The House of Commons committee that scrutinizes PFI spending and outcomes.
  • Off-balance-sheet accounting โ€” A key criticism: PFI debt historically didn't appear on government balance sheets.
  • Cost-overrun studies โ€” Independent research comparing PFI project costs against conventional public procurement.

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