pfi
RSS pfiPFI projects on the up
News The number of private finance initiative (PFI) contracts signed in the UK - many for large projects with IT at their core - is set to increase. Research out from IFSL (formerly British Invisibles) shows that by the end of last year, 780 PFI... [24 Apr 2006]
PFI companies may have to be more revealing
News Companies in PFI (private finance initiative) and government outsourcing contracts may have to reveal more than they bargained for when the Freedom of Information Act comes into force next year. Thomas also suggested that companies involved in PFI... [12 May 2004]
PFI Taskforce set to go private
News The PFI Taskforce - the UK government agency in charge of advising on Private Finance Initiatives (PFI) - is to be privatised, according to reports. BBC reports claim the body is to be set up as a merchant bank named UK Capital, but say it will not... [06 Jul 1999]
Protecting Your Personal Financial Information (PFI)
White Paper Personal Financial Information (PFI) can be compromised as a one-on-one relationship with your financial services professional grows and builds. It's the security of email communication between client and firm/organization where your PFI is put at... [23 Mar 2006]
Durham becomes first university to opt for PFI
News Durham University has become the first UK college to use Private Finance Initiative (PFI) funding for its IT systems. Durham University is an early adopter of PFI and is streets ahead of other UK universities. [05 Nov 1998]
UK Treasury promises PFI guidelines
News The UK government is planning to publish guidelines for organisations looking to sign Private Finance Initiative (PFI) contracts. A Treasury office spokesman said: "It's a blueprint that reduces the time involved in negotiating individual PFI... [21 Sep 1998]
Home Office warned over PFI deal
News A leading contract lawyer has warned the UK Home Office to look carefully at the terms of its 10-year Private Finance Initiative (PFI) deal with the Sema Group, if it's not to go the same way as other high profile failures. [16 Apr 1999]
UK motorways to get £490m PFI telecoms upgrade
News The Highways Agency (HA) has signed a £490m private finance initiative (PFI) deal to upgrade the telecommunications network that links all the information systems across the UK road network. The single national PFI deal has been won by a Fluor-led... [19 Sep 2005]
MOT computerisation PFI project delayed again
News The Vehicle and Operator Services Agency (Vosa) awarded the 10-year £230m private finance initiative (PFI) computerisation contract to Siemens Business Services back in 2000. Tait said SBS' costs had increased under the terms of the PFI contract as... [22 Jun 2005]
PFI fails to deliver
News The PFI project for the revised National Insurance Recording System (NIRS2) - originally expected to be finished by February 1997 - is still not fully operational. The House of Commons Committee of Public Accounts (PAC) has severely criticised all... [12 Jul 1999]
Tube gets wireless network in £1.2bn PFI deal
News CityLink Telecommunications, a consortium of companies, will be responsible for the PFI contract over the next 20 years. London Underground has signed a £1.2bn deal with CityLink Telecommunications for its first integrated mobile communications... [23 Nov 1999]
Customs and Fujitsu PFI deal will now "exceed £1bn"
News The cost of Customs and Excise's renegotiated PFI IT contract with Fujitsu is now expected to more than double to over £1bn over the course of ten years - and a possible merger with the Inland Revenue could force costs even higher, according to a... [21 Nov 2003]
Government scraps PFI for IT projects
News A report by the Treasury 'PFI: meeting the investment challenge' concluded that while PFI was working in many sectors, it was not delivering value for money in IT contracts. One of the objectives of using the PFI model in IT was to introduce third... [16 Jul 2003]
Unions to get more say in PFI process
News Unions are to be given more say in Private Finance Initiative (PFI) awards, the UK government disclosed today. In an effort to restore confidence in the much maligned system, employees will now have access to bidders' employment track records. [22 Oct 1998]
ICL wins PFI schools contract
News ICL has won the first private finance initiative contract to supply IT equipment for the UK's national grid for learning. The £12.5m deal will see the company supply equipment to 58 primary and secondary schools in Moray, Scotland, providing... [29 Nov 1998]
